Hakimo Secures $12M to Expand Physical AI Security Platform

Hakimo, a provider of physical security technology powered by artificial intelligence, has closed a $12 million growth funding round. Zigg Capital led the investment, which brings the company's total raised capital to $32 million.

The company plans to use the new funds to accelerate product development and expand its real estate footprint, as well as grow its operations internationally. Hakimo's platform uses AI to monitor and analyze physical security systems, aiming to reduce false alarms and improve response times.

The funding round follows a period of increased demand for AI-driven security solutions, as businesses seek to modernize their physical security infrastructure. Hakimo's technology integrates with existing security cameras and sensors to detect potential threats in real time.

With the new capital, Hakimo intends to scale its engineering team and invest in sales and marketing efforts to reach more customers across different industries. The company has not disclosed specific international markets targeted for expansion.