Adam Bannister

Editor, IFSEC Global

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Adam Bannister is editor of IFSEC Global. A former managing editor at Dynamis Online Media Group, he has been at the helm of the UK's leading fire and security publication since 2014.
September 10, 2018

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Converged Security in 2019: Highlights and Insights from IFSEC International

AI-powered network camera start-up secures $3m funding to take on “outdated” traditional market

Rhombus Systems, a provider of AI-powered, cloud-managed video surveillance systems, has announced a $3 million seed funding round.

The California-based company launched the funding drive, led by Lemnos Labs with participation from Promus Ventures and Portfolia, to expand its sales and marketing department and take on an “outdated” industry in a wider range of sectors.

Its Rhombus R1 camera monitors and analyses its environment round the clock to steadily improve performance. The camera can preemptively detect potential threats using facial recognition, drawing on faces flagged by system operators as belonging to, say, trusted staff or people prohibited from certain areas.

The system can alert appropriate personnel to a threat and its specific location with real-time notifications, liberating operators from constant monitoring of the live video feed.

And it can count people, measure foot traffic and gather quantitative data to help businesses optimise how their commercial space is used.

“By combining AI and computer vision, we can offer a video security system unlike any other.” Garrett Larsson, co-founder, Rhombus Systems

Rhombus Systems believes its products will appeal to customers fed up with bulky hardware, complex installations, unwieldy server environments, outmoded network video recorders (NVRs) and cybersecurity vulnerabilities.

“Traditional business video security is outdated,” said Garrett Larsson, Rhombus Systems co-founder and CEO. “By combining AI and computer vision, we are able to offer a video security system unlike any other.

“Modern businesses and organisations want better technology, and our system symbolises the first step, and our commitment, in providing next-generation solutions to better understand and protect our spaces.”

Said Arik Levy, CEO of Luxer One, a customer of Rhombus Systems: “We previously managed a system that couldn’t scale with our growth. They seem to have really taken their time in solving the problems that exist with traditional systems. The productivity and features we’ve gained was like a breath of fresh air.”

The plug-and-play cameras are pitched as easy to install and set up, as well as to manage, which can be done remotely through the cloud using any computer or mobile device.

End-to-end encryption and automatic firmware updates serve to reassure prospective customers about the cybersecurity risk. Single sign-on (SSO), Office 365, and Slack integrations are available.

Rhombus cameras are now on sale for $250 per camera, while software subscriptions start at $6 a month per camera.

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