Intel and New Enterprise Associates have co-led a series A round for computer vision startup Matroid, bringing its total funding to $13.5m.
US-based automated video monitoring platform Matroid closed a $10m series A round yesterday co-led by Intel Capital, chipmaker Intel’s corporate venturing arm.
The round was co-led by New Enterprise Associates, the venture capital firm that had previously supplied $3.5m in seed capital for Matroid.
Matroid, which was founded by faculty from Stanford University, develops computer vision technology, and its first product was launched in March this year.
The platform in question allows customers to monitor multiple video feeds using machine learning-equipped…
