Voxel$15M Series A funding has been raised for a San Francisco startup called. It uses computer vision to transform safety in the workplace.
The round, which brings total equity raised to $18M, was led by Eclipse Ventures with participation from MTech and World Innovation Labs.
The company plans to use the funds for expansion and business growth.
Voxel’s CEO Alex Senemar and CTO Anurag Kanugo use computer vision technology and AI in combination with security cameras to identify hazards and risky behaviours across a wide range of workplaces. An immediate alert is sent to the personnel on-site in case of an incident such as a spill or speeding vehicle. This allows them to take immediate action. Voxel’s analytics help sites identify operational inefficiencies and design policies to prevent future issues. These measures allow businesses to reduce worker’s compensation and general liability costs, while improving their operations.
The software is used in warehousing, manufacturing, retail, transportation, construction, and oil & gas.
Harishma Dayanidhi also joins the team, having developed self-driving cars technology at Uber and Aurora. Troy Carlson is a former software engineer from Google.