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CamerEye raises USD1.1m in seed funding

January 24, 2022 at 3:29 pm

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CamerEye, a specialist in swimming pool and backyard safety AI-powered smart fences, has closed the last tranche of its seed-round funding series for a total of USD1.1 million.

CamerEye, a specialist in swimming pool and backyard safety AI-powered smart fences, has closed the last tranche of its seed-round funding series for a total of USD1.1 million.

CamerEye's system is uniquely designed to detect humans and provide faster distress and near-drowning detection to help save lives.

Major investors in this seed round include members from San Diego Sports Innovators (SDSI), several venture capitalists, and a multitude of angel investors.

Founder and CEO Sai Reddy was a competitive swimmer, holds a PhD in AI and Data Sciences and was part of the founding team at PXiSE Energy Solutions, a subsidiary of Sempra Energy, which was recently acquired by Yokogawa Corporation.