Lumana AI Inc. has received $24 million in seed funding for its cloud-based security platform with image recognition capabilities. The platform uses a distributed hybrid cloud architecture and embedded deep learning AI models to identify complex events and risks. Customers can define what types of events should generate alerts and manage an unlimited number of cameras and locations from a single console. The company aims to tap into the growing video analytics market, projected to reach almost $38 billion by 2030.
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