Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
🦄 753 unicorns @ $3T aggregate valuation ⌛️ 63.5% raised first VC funding 7+ yrs ago https://t.co/ZR0cancfxC
We asked @traestephens about @Flock_Safety's $275M round. "Flock Safety is like @anduriltech for local gov, deploying vertical systems end-to-end (camera, command-and-control for drone operations, intelligence surveillance etc)." "Gov-tech startups usually have a Field of… https://t.co/nDw46d38Yg https://t.co/2gwddFIYlI
At least seven U.S. venture-backed private companies' last reported valuations at over $45B. Several are also reportedly on the verge of new financings at much higher values. https://t.co/MYirKDO1nX
Flock Safety, a surveillance technology startup backed by Y Combinator, has successfully raised $275 million in a funding round that values the company at $7.5 billion. This valuation marks a substantial increase from the previous year's $4.8 billion. The funding round was led by Andreessen Horowitz (A16z) and Greenoaks Capital, with participation from Meritech Capital, Founders Fund, and Kleiner Perkins. Flock Safety specializes in computer vision-enabled video surveillance technology aimed at enhancing public safety for police and businesses. The company aims to utilize this new capital to further its mission of reducing crime and improving community security through innovative technology and partnerships.
