Spot AI, a leading provider of AI camera systems, has announced the release of its Video AI Agents, a major advancement in bringing intelligent AI capabilities from the digital realm into the physical world. Video AI Agents empower organizations to quickly identify and address incidents related to safety, security, and operations, delivering measurable returns across industries such as manufacturing, education, retail, and automotive services.
Alongside the product launch, Spot AI has raised $31 million in new equity funding, bringing its total funding to $93 million. The latest round included new investor Qualcomm Ventures and participation from existing investors Scale Venture Partners, StepStone Group, Redpoint Ventures, and Bessemer Venture Partners, as well as GSBackers, MVP Ventures, and Cheyenne Ventures.