Coram AI raises $35 million to make existing security cameras searchable by AI

Coram AI, founded by Ashesh Jain and Peter Ondruska, raised $35 million in Series B funding to expand its AI platform that makes existing security cameras searchable. The round, co-led by Ansa Capital and Battery Ventures, brings the company's total funding to $66 million. The investment positions Coram AI to compete against legacy camera vendors and other AI security software providers.

Ashesh Jain and Peter Ondruska's Coram AI has raised $35 million in Series B funding to expand its AI powered physical security platform, Business Insider reported, bringing Coram AI's total funding to $66 million. The round was co led by Ansa Capital and Battery Ventures, with participation from UP.Partners, 8VC and Mosaic Ventures. Coram AI did not disclose its valuation, a useful omission in a market where AI security software is being sold against both legacy camera vendors and high multi...