Deep Sentinel, a company that specializes in artificial intelligence-based video surveillance and physical business security, has secured a venture capital investment from Nationwide. The company now has raised $24 million to date in Series A funds.
In addition, Deep Sentinel has launched the Deep Sentinel for Business after-hours surveillance service. Deep Sentinel for Business provides constant monitoring of after-hours threats to protect companies against break-ins, theft, vandalism, loitering and unwanted visitors.
Moreover, Deep Sentinel has hired channel veteran Chris Sterbenc as chief revenue officer (CRO), MSSP Alert has confirmed. Sterbenc previously held key channel chief and executive posts at Infrascale, FreedomVoice, Axcient, Untangle and Microsoft.
A Closer Look at Deep Sentinel for Business
Deep Sentinel for Business provides weatherproof cameras that use AI to detect
potential threats, according to the company. It alerts Deep Sentinel LiveSentinel guards about any unusual activity and enables these guards to intervene via two-way audio and a 104dB siren.
Furthermore, Deep Sentinel for Business LiveSentinel guards -- essentially, remote monitoring professionals working in Deep Sentinel SOCs -- can respond to alerts in 10 seconds or less, the company said. They also can contact law enforcement within seconds.
Deep Sentinel offers a security system that combines AI with human monitoring. In doing so, Deep Sentinel helps homeowners and business operators prevent crimes before they happen, the company indicated.
Market Opportunity
Meanwhile, Deep Sentinel looks poised to capitalize on a global video surveillance market that is projected to grow.
The global video surveillance market is expected to expand at a compound annual growth rate of 11.8 percent between 2018 and 2025 and could be worth $43.8 billion by 2025, industry analyst Research and Markets stated. Also, increasing use of AI in video surveillance systems is one of the factors that could drive this market's growth.
