Vintra raises $4.8 million to analyze camera footage with AI

Security camera ownership is on the rise worldwide -- Global Market Insights predicts that the IP camera market will cross $20 billion in revenue by 2024, driven by a 20 percent uptick in unit shipments. And those cameras will generate lots of footage, predictably. That's why most -- as much as 95 percent, some estimate -- surveillance footage today goes unreviewed. San Jose startup Vintra hopes to change that with an AI toolset capable of analyzing frames from any source. Today the company announced that it has raised $4.8 million from Bonfire Ventures, Vertex Ventures, London Venture Partners, and other investors. Vintra CEO Brent Boekestein says the funds will be used to acquire new customers and expand the company's product offerings.