UNITED STATES: Helia, a US-based enterprise security startup by Indian origin co-founder, Ashwin Sreenivas, along with the company’s US co-founders, Russell Kaplan and Daniel Berrios, today announces that it has raised USD 3 million. The funding round was led by some of the top venture capital firms and investors in Silicon Valley including Neo, Abstract Ventures, and Kevin Hartz, the co-founder, and chairman of Eventbrite.
Helia’s SaaS platform enhances physical security within enterprises by autonomously reviewing security camera footage in real-time. Rather than requiring large teams of human guards, Helia uses cutting edge deep learning to monitor cameras for security events, and alerts teams of breaches instantaneously, before they escalate into security incidents. Helia does this without requiring specialized cameras. Instead, it integrates with existing security cameras, processes their feeds on an enterprise’s premises using Helia’s deep learning stack, and centralizes results to the cloud where they can be viewed securely.
Helia has worked extensively with teams in India on product development, particularly in start-up hubs like Bangalore that are filled with deep technical and entrepreneurial teams. Furthermore, Ashwin has deep connections to India, having spent the majority of his life in Cochin, Kerala.
“We are honored to have this incredible group of investors backing our vision and helping Helia on its journey,” said Ashwin Sreenivas, co-founder of Helia. There is a growing demand within enterprises for security teams to change their posture from reactive to proactive. Rather than simply addressing the consequences of a breach, Helia allows security teams to prevent the incident altogether.
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2014 The Global Indian New Network (TGINN)