Press Release: 27 July 2012
London-based crowd analytics software specialist, Crowd
Vision, has closed a substantial funding round which will enable the business
to expand international sales activities and execute
product development plans. Investors comprise the UK Government
sponsored Angel CoFund and a number of UK and overseas investors.
The company offers a highly innovative software product that extracts crowd insights from video feeds in busy locations, enabling customers to understand and intervene in their crowds. The software has already been deployed at scale in Mecca where it helps to keep millions of pilgrims safe as they attend the Hajj. Beyond crowd safety it can provide accurate crowd counts, improve pedestrian flows and help businesses optimise their operations based on live and accurate crowding data.
Fiona Strens, Crowd Vision CEO said “Crowding is a global phenomenon of our time. Whether struggling through commuter crowds or soaking up a festival atmosphere, we all experience crowding in everyday life. Crowd Vision provides unique, actionable data on crowd numbers, patterns and dynamics helping our customers turn a challenge into a business opportunity. Crowd Vision is committed to enabling our customers to deliver Safer Crowds and Smarter Cities across the globe. We were delighted that funding offers exceeded our target, as this investment provides us with the means to execute aggressively to address increasing demand.”
