A London-based company for visual security and privacy, Pimloc has raised £1.4 million in a seed funding round on 19th October 2020. The round was led by VC Amadeus Capital Partners and included the participation of Speedinvest and its existing investors.
The enterprise founded in 2016, has developed systems based on deep learning for diverse image and security video collections. The technology is helpful for both public and private organizations for protecting visual data and managing security footage. The startup specifically offers two products or platforms, Pholio and Secure Redact. Pholio is a platform for discovering and searching for live streams, video collections and large images. And Secure Redact is for the purpose of anonymising personal data in any video.
The startup also offers a range of data processing models on the legal side to cater the differences in how and where of data processing. A few of the customers use Pimloc for data processing and Redact SaaS solution for managing their account while they upload footage which can be reviewed later for reduction and usage. And some of the customers run the Redact systems on their servers where both of them can be used as processor and data controller.
Services offered by Pimloc
The platforms offered by Pimloc are currently used by a large range of sectors including insurance, entertainment, mobility, law enforcement and broadcasting. They intend to use the funding to further scale in even wider markets. They have more than 100 signed up users for its SaaS service. They are also planning to set up a host of on-site implementations. The technology is aimed at a security niche to provide deep expertise and domain-specific experience.
Pimloc is engaged with varied video and image content from several years and is supporting businesses in classification, data protection and moderation challenges. It has worked to lessen the gap in the market for the services that allow governments and businesses to manage visual data security on security footages. The CEO of Pimloc, Simon Randall told, “In the coming years they are expecting smart cities, mobility platforms, insurance industry, law enforcement sectors to drive most growth for their platform”
The need of visual data services
People across the globe are justly concerned about how the companies are handling the growing volume of visual data which is captured 24*7. Pimloc has developed an industry specific approach for visual privacy and security. This approach allows the governments and businesses to manage the usage of this visual data while protecting the rights of customers.
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