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Scylla raises $1.2 mln in seed funding

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Glendale, California 20.08.2020 – Scylla is excited to announce that we have successfully raised $1.2 mln in seed funding from a stellar consortium of international and domestic investors, including Mucker Capital, BAJ Accelerator, Hustle Fund, and VDOSH. The funds will be used to support product development, market share growth, and exceptional customer support.

Scylla also joins the ranks of the deep-technology investments of Capella Partners, many of which have become multi-billion dollar successes. Capella represents 65 global family offices in their deep-technology investments, with its 14 portfolio companies having raised over $2 bln in equity capital and having a collective valuation of over $6 bln. Capella is delighted to partner with the BAJ Accelerator and Scylla in bringing to market Scylla’s advancements in next-generation systems to ensure public safety.

The new investment round will enable Scylla to capitalize on its position as a leader in the AI-based threat detection industry in the US, LATAM, APAC, and GCC. Our primary customers are private security integrators that are striving to maintain control of the customer journey and deepen their customer relationships. New product innovation is a crucial area of focus for Scylla, which will enable faster and smarter threat detection using behavior analysis. The funding will also drive further international expansion.

We believe the support provided by our investors will further enable our growth and will increase the number of our enterprise customers. The completion of the seed round will also significantly accelerate our path towards a Series A round.

About Company

Scylla is the leading developer of computer-vision based facial, behavior, and object recognition tools for security operators. We Empower the Private Security Industry with next-gen AI solutions.

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