Solink, an AI Vision Intelligence provider, raised more than $100 million in new funding. Vertu Capital led the round. Growth Equity at Goldman Sachs Alternatives, Golub Growth, and Comcast Ventures also participated.
Use of funds
The company will use the capital to expand its AI Vision Intelligence platform. It also plans to build new AI capabilities and pursue growth opportunities. Solink said it will maintain its customer service standards.
Customer reach
Solink serves more than 35,000 customer locations. The company operates in 65 countries. It manages over 500,000 cameras across retail, restaurants, warehouses, and other physical environments.
How it works
Solink turns existing cameras into real-time sources of business intelligence. The software surfaces useful data related to revenue, loss, and safety. Customers use those insights for readiness, merchandising, and operations.
Solink plans to continue delivering new product innovations for its customers around the world. The company is headquartered in Ottawa, Ontario. Its co-founder and CEO is Mike Matta.