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. It today announced that it's raised $4.8 million from Bonfire Ventures, Vertex Ventures and London Venture Partners, and other investors, which CEO Brent Boekestein says will be used to acquire new customers and expand its product offerings. "Every year, billions of dollars in time and resources are spent on security personnel to monitor live streams as well as post-event investigations by law enforcement and analysts," Boekestein, who was previously vice president of sales and business development at Redwood Systems, said.

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.