Solink, a Ottawa-based video surveillance software company, has successfully closed a Series C funding round, raising $60 million USD to expand its global presence.
Solink’s CEO, Michael Matta, expressed confidence in the company’s growth, attributing it to the rising demand for cloud-based video surveillance solutions. The funding was led by Goldman Sachs Asset Management’s Growth Equity business, with participation from existing backers OMERS Ventures and BDC Capital’s Information Technology Venture Fund.
Solink’s software offers real-time access to video and uses AI to enhance security and operations. The company serves various industries and has over 300,000 cameras under management.
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