Voxel Workplace Safety Video Analytics Raises $15 million

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*** *********-***** ***** *** ******* ** 2020 ** ******* *******, ********* ******, ** ** ******************* *********, *** ** ** *************** *******.

Revenue *** *******

******* ******** ** ******* ** *** privately-held *******'* *******, *** **** *****'* growth *** **** "***********."

* *******...*****'* ** **** ****** **** a ***** **** ***** **** * seed ** ****** * ****** ****'** growing ***** *******. ** **'* **** quite ***********.

******* ***** *** ***** ******* ***** Voxel's *********, *** **** *** *******'* total ******** ****** ** "**-****."

** ***** ******** *** **** *******'* revenue ** ** ** **** * few ******* ******* *** ** ***** early *****, *** ****** ******** **** be *** **** **** *** **** over *** **** *** *****.

Employee *****

******* **** *** ******* *** ** employees, (*********** ** ******), ****** *** ***** ** *** US. *** *** ******** *****'* ******* makeup *** ***** *** *** ******:

****** ***** ***********. **'** **** ******** out * ***** **** ***** *** as ** *****, *** ******* ** almost *** *********** ***** ***** ***. Engineering *** *******.

**** ** *****'* ********* **** **** the *******'* **** ****** ** *** Francisco, ** *****.

********, ***** ***** * **-******* ***********,***** ********* ** ** ***** ********** ******** ******** ***** ******* ****.

********

*****'* ********** ******** ** ******** ****** **** it ******* "*******, ***** **********, *** operational **************."

***** **** *** ***** * ***. Instead, *** ******* ******** ********* **** overlay ** ******** ***** ** ******** real-time ****** ** **** *****.

*** ****** ** **** ******* ** really ** ****** ** ***** *** cases ** ** **** ********* *** help ****** ****** ********** *********** ****** than **********.

*****'* ******** ** "******-********," ******* ****** the *** ******* **** ** * benefit ** *********.

Product ************

******* *** ******* *** *** ** Voxel's ******** ** ******* ****, ********* on *** **********, ******* *****. ** cited * ********* ******* ** ***** flagging ** ******** **** ** * spill ** * ******* *****.

**** *** **** ********* ** ******* stores, *** *******, ******* **'* * huge **** ****** *** ***** ******. You ***** ** * *****, ******** things **** * *****.

*****'* ******* ** **** ******** ** help ****** *******' ************ ******** *** general ********* ***** (**** ** ******** accidents) ** ******** ****** **********.

*****'* ******* ****** **** ** *** help ****** ********* ******** ** **%. Senemar ******** **** *** *** ********* deployment, *** ****** ** ********* ********* from ** ******** *** **** ** one ******. ***** ******** *** **** to ************* ******** ***** ***** ** always *** **** ** *********** ******* contributing ** *** *********.

***** **** ******* ** ********* ******** efficiency *** **** *** ******** ******** workers, ******* ****. ***** **** *** release ********* **** **** **** **% accuracy, ********** ** **** *** *** company ******* *** ********* ** * test *******.

To-Market ********

***** ***** ****** ** **** ******, but ******* **** **** ******** **** soon ****** *** *** *******.

** ********* **** ******** ** *** site ******, *** **** ** ****** with *** ********** ******* ** *** near ******.

** ***'* **** * ******** ******** yet, *** *** ** ** ** important [****] ** ******* **** *** customer ****, ***** ** ** *** sell *******.

*******

*** ******* *** *** ******** ******* pricing, *** ******* **** ***** **** a ******, ************ ***** *****, ***** is ********* ******** ** *** ****** of ******* ** * ********:

**'* ****** ************ **** *** **'* kind ** ***** ** *** **** of *** ********. ** ** **** of **** ***** *****. *** ** targeted ******* ******* ********** **** **** like ****** ***** *** ***** *** kind ** ****** **** ** *****.

** *** ** ***** *** ******* to *** ******** ****.

*********

*****'* ****** ******* ******* **********, *************, and ****** ******. **********'* ******* **** ***** *** *** and ***, ******* *** *********, *** construction ********** ** ********* ****** ********. However, ** **** *****, *** ********* for *** ******* **** ** ********* its ********* ** **** ** ***** environments ****** ********* **********.

******* **** **** *** ******* *** "20-plus" *********, **** ** ********* ** "large ******* *** ******* **** *********," although ** ******** ** **** *** of ****.

*** *******'* *** **** ***** *** companies ** ********: *********, ****** ****** Cold *******, *******, *********, ****** *****, and ***** ******.

***** ** ******* **** ** *** US ******, ******* ****.

***** ***, ** *** ***** ******* on **. **** ***** ****** ** the ******, *** ** *****'* ******** internationally.

***********

*** ********** ** *** ********* ****** analytics ***** ************, ***** *** ******* ** ****, two years before Voxel. ********** *** **** ****** ************* **% more *****($** *******) **** ***** ($** *******) overall.

******* **** ***** *** ******** ******* that *** ***** ***** **** *** competition, *** **** ******** ***** ******** and *******. ** **** **** **** the ******* ***** *** ***** ****** locally.

** ***'* ****** *** *** ******* over *** ********, ** ******** *** privacy. ****'* * *** ***** *** us.

Growth *** ***********

******* **** *** ****** ****** * will ** **** ** *** ****. First, *** ******* ***** ** ******* additional *** ***** *** *** ********, which **** ******** *** ****** ** issues *** ******* *** ******** *** improve ********.

********, *** ******* ***** ** ***** out *** ***** ****:

*** ***** **** ** ********* ******* go-to-market, ** ****** **** **** **'** building *** * ********* **-**-****** ******** and ***** ********* **** ******* *** product ** *** ***** ******.

Market ******* *****

***** (*** **********) **** ******* **** focusing ** * ****** ******* / application **** ** ******** **** ******* video ************ ********* (******* ** ** incumbents ** ***** ********). ***** **** current ********* ***** **** ********* ****** analytics, ** ** ********* ** ***-** or ********* ********.

**** **** ** *********** ** *** is *** **** ***** ******** *** gain ****** ** ******** ** **** relative *****. ** ** ******** **** they **** ***** * ********** ******* that ********** ** *** *** **** ground. ** ** **** * **** that ******** ** ******** *** ***** effectively ** ***-** ****** ** ********* surveillance ****** *** **** *** ********** such **** *** ****** *********** ** too *******.

***** **** **** ** * ****** A, **** **** ** ****** ** assess *** *******'* *********** *** *** the ******* ** ***** **** *** market.