Wednesday, March 15, 2017

Bill Gates Backs Evolv Technology

Bill Gates is one of the investors in a funding round for Massachusetts-based Evolv Technology, which said on Wednesday that it has raised $18M in a Series B funding round. Evolv, which creates a software platform which integrated data from sensors, cameras, biometrics, and other information sources to detect threats to physical locations, said that the funding came from Lux Capital, Bill Gates, General Catalyst, DCVC, and others. The company's systems help monitor the perimeter of locations, detect intrusions, identify known individuals, and screen areas for such threats as guns and bombs.