Cobalt Robotics Builds Indoor Robots for Security

Published by , April 2, 2018 12:12 pm

(TechStartups)  Cobalt Robotics builds indoor robots for security, designed to work alongside human guards to provide better security than people can do alone. Cobalt Robotics just closes a new $13 million series A round of funding. The company is backed by Sequoia Capital and Storm Ventures. To date, the company has raised a total of $16.5 million in funding. In just one year, Cobalt went from idea to paid robot deployments.
The global physical security market is estimated at $67.89 billion in 2016 and is expected to reach $126.56 billion by 2022. Cobalt’s Security Service combines advances in autonomous cars, machine learning, anomaly detection, and 2-way telepresence to allow a remote guard to be in many locations at once—providing high-level human intelligence, rapid situational awareness, real-time responsiveness, and perfect accountability.

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