Allegion Ventures, the corporate venture fund of Allegion, announced a $20 million investment in Ambient.ai, marking the firm’s largest and most significant investment since its founding in 2003.
Based in San Jose, Ambient.ai applies artificial intelligence (AI) and computer vision intelligence (CVI) to existing security camera infrastructure. The platform is said to deliver near human-level visual perception that analyzes actions and situational context to create efficient and accurate threat detection.