<article>US-based security camera and artificial intelligence company <a style="color: #000080;" href="https://umbocv.com/" target="_blank">Umbo CV</a> has raised $2.8 million in a seed round led by Taiwanese venture capital firm <a style="color: #000080;" href="http://www.dealstreetasia.com/tag/appworks-ventures/" target="_blank">AppWorks Ventures</a>.</article>

US-based security camera and artificial intelligence company <a style="color: #000080;" href="https://umbocv.com/" target="_blank">Umbo CV</a> has raised $2.8 million in a seed round led by Taiwanese venture capital firm <a style="color: #000080;" href="http://www.dealstreetasia.com/tag/appworks-ventures/" target="_blank">AppWorks Ventures</a>.
The round also saw participation from <a style="color: #000080;" href="http://mesh.vc/" target="_blank">Mesh Ventures</a>, <a style="color: #000080;" href="http://www.dealstreetasia.com/tag/Wistron-Corporation/" target="_blank">Wistron Corporation</a>, and <a style="color: #000080;" href="http://www.phison.com/English/Main.asp" target="_blank">Phison Electronics</a>.
With offices in San Francisco and Taipei, Umbo CV produces security cameras with the ability to detect anomalies, and in turn, alert security officers to crimes being done in real-time.
While AppWorks Ventures and Mesh Ventures are both investment firms, Wistron Corporation and Phison Electronics are Taiwanese manufacturing and electronics companies. Having the latter on as investors will give Umbo CV the unfair advantage and knowledge that a hardware company will benefit from.
Umbo CV CEO Shawn Guan who spent over seven years in the surveillance sector told TechCrunch that security tech firms are too focused on the quality of the video.
&#8220;That doesn&#8217;t help customers solve problems in the security industry, because it can only give you high-quality video after the event has occurred. If someone gets hurt, we can show clients a better video, but that didn&#8217;t stop someone from getting hurt,&#8221; said Guan.
In Asia alone, Umbo CV will face competition from the biggest electronics manufacturers and security tech companies from Huawei to Sony, and startups like Vi Dimensions in Singapore, which <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/this-singapore-startup-wants-to-empower-surveillance-cameras-to-detect-unusual-activities-bags-1-5m-from-nrf-27994/" target="_blank">received $1.5 million</a> from the country&#8217;s National Research Foundation earlier this year.
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The US security and artificial intelligence company will get The Mesh Ventures, Wistron Corporation, and Phison Electronics as investors as well.

Umbo CV raises $2.8m in seed round led by Taiwan's AppWorks Ventures

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Umbo CV raises $2.8m in seed round led by Taiwan's AppWorks Ventures

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