The round is led by APIXA, Belgium’s leading computer vision company, which is joined by current investors and a number of private investors. The announcement comes just weeks after Secury360 announced a partnership with Securitas BE.
Thanks to this partnership, owners of a Secury360 perimeter detection system can now opt for additional video verification by Securitas’ monitoring centres.
Currently, CCTV camera systems with motion detection are the most common type of perimeter detection system on the market. For the vast majority of homes, sites and terrains, these systems are the most suitable solution.
However, camera detection has one major drawback: false alarms. These are not only unpleasant and costly for system owners, but also cumbersome for control rooms.
By connecting the patented Secury360 box to a camera system, owners can say goodbye to false alarms once and for all. The Secury360 box, which incorporates revolutionary Edge AI, provides 99.998% accurate perimeter detection.
The funding round follows several major breakthroughs for Secury360. In 2020, Secury360 announced a partnership with Bosch, Dahua, Axis communications and Hikvision, making the Secury360 solution compatible with all major camera detection manufacturers.
“I am proud that, as a Belgian company, we are transforming the way the industry looks at perimeter detection,” said Frederick Jacobs, founder and CEO of Secury360. “We have already achieved some great successes, and with the support of APIXA (and others) we are ready to achieve much more.”
“We regularly come into contact with promising companies using computer vision and AI,” says Rik Fransens, Founder & CEO of APIXA. “But still the team, the technology and the ambitions of Secury360 stand out. We believe that with our expertise Secury360 will be able to make their AI even better and realise their ambitions to conquer the European market.”