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Product News

Umbo Computer Vision debuts “AI events” system at Sectech

Umbo Computer Vision, an artificial intelligence startup and provider of autonomous video security products — Light, Smart Cloud enterprise management portal and Learning Cameras —  has raised a $6.8 million Series A round, bringing funding to date to $9.6M. This round was led by CDIB Venture Capital Corp, with continued participation by Appworks Ventures and Mesh Ventures and new investor Substance Capital. The funding will be used for continued development of Light, expansion of the product portfolio, computer vision R&D, and talent acquisition.

Business News

Axis to integrate 2N operations in US & Canada

Axis Communications has confirmed it will be integrating 2N’s North American operations with Axis North America and it will be completed as of January 1, 2018. In 2016, Axis acquired 2N, the global market leader in IP-intercom and this integration will help further expand 2N’s leading position in the U.S. and Canadian intercom market. Additionally, aligning with 2N will help Axis accelerate growth in the quickly converging IP-Intercom market.

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