[Funding Alert] Helia Raises $3 Mn From Silicon Valley Investors The SaaS platform enhances physical security within enterprises by autonomously reviewing security camera footage in real time

By Prabhjeet Bhatla

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unsplash

The US-based enterprise security startup Helia on Tuesday announced to have raised $3 million in the seed funding round led by venture capital firms and investors in Silicon Valley including Neo, Abstract Ventures, and Kevin Hartz, the co-founder and chairman of Eventbrite.

The software as a service (SaaS) platform enhances physical security within enterprises by autonomously reviewing security camera footage in real-time.

The platform uses deep learning to monitor cameras for security events and alerts teams of breaches instantaneously before they escalate into security incidents. It integrates with existing security cameras, processes their feeds on an enterprise's premises, and centralizes results to the cloud where they can be viewed securely.

"We are honored to have this incredible group of investors backing our vision and helping Helia on its journey," said Helia co-founder Ashwin Sreenivas.

There is a growing demand within enterprises for security teams to change their posture from reactive to proactive. The platform allows security teams to prevent the incident altogether, according to a statement in the press report.

Its artificial intelligence (AI) autonomously monitors all existing security cameras, and alerts security teams of breaches in real-time, allowing officers to respond before the breach can escalate. Its breach detection ensures that only authorized employees can have access to spaces.

Prabhjeet Bhatla

Former Staff

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics

Finance

Here's What Entrepreneurs Expect from RBI Guidelines for P2P Lending Platforms

Some entrepreneurs think it will provide legal sanctity to P2P lending platforms

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Who Owns The Rights to Your AI-Generated Content? Not, It's Not You. Uncover The Scary Truth That Puts AI Users At Risk.

The realization that copyright laws do not protect AI-generated material might come as a shock to many.

News and Trends

Nvidia Becomes World's Third Largest Company

This positions Nvidia only third behind tech giants such as Microsoft and Apple

Marketing

7 Ways to Create a Seamless Marketing Campaign Across All Platforms

Achieving cross-platform harmony requires strategic goal-setting, customized content optimization, and a mix of paid and organic efforts.

Marketing

The Miley Cyrus Approach To Marketing — Why It's a Radically Different Method For Achieving Brand Impact

In case you missed it, Miley Cyrus recently won her first Grammy. In her acceptance speech, she told a story that is a great learning lesson for business owners and marketers alike, especially those who find themselves burned out and exhausted in this current environment.