WALTHAM, MA, Provider of advanced security solutions, has raised $18M in Series B funding.
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According to FINSMES, Evolv Technology, a Waltham, MA-based provider of advanced security solutions, has raised $18M in Series B funding. Backers included Lux Capital, Bill Gates, General Catalyst, DCVC, and others.
Evolv Technology aims to change how the security industry works by creating solutions that address and adapt to the mass casualty threats of today's increasingly dangerous world. Evolv's Mosaiq Platform provides a first-of-its-kind solution, integrating real-time video surveillance with extremely low false alarms, walkthrough firearm and explosive detection, facial recognition, and security analytics. Based in Boston, MA and led by veterans of the physical screening industry including the TSA, FBI, CIA, Secret Service, and Homeland Security, Evolv is dedicated to helping government agencies and private businesses protect their soft targets and their hard assets.