Kogniz Pinpoints $10 Million Investment

<p><b>BERKELEY &&num;8212&semi;<&sol;b> Kogniz&comma; developer of a next-generation AI-based computer vision platform&comma; has unveiled a ready-to-deploy gun detection module as part of the latest version of its technology that predicts&comma; detects&comma; and resolves key safety and operational problems&period; The company is also announcing a &dollar;10 million investment led by <a href&equals;"https&colon;&sol;&sol;www&period;uluventures&period;com&sol;">Ulu Ventures<&sol;a> and with participation by<a href&equals;"https&colon;&sol;&sol;www&period;superset&period;com&sol;"> super&lbrace;set&rcub; Venture Studio<&sol;a> and its CEO and Co-Founder Tom Chavez&comma; The Indy Fund&comma;<a href&equals;"https&colon;&sol;&sol;www&period;k20fund&period;com&sol;"> K20 Fund<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;bartonam&period;com&sol;">H&period; Barton Asset Management<&sol;a>&comma; and others&period; The investment will help bring the company’s technology product suite for gun detection&comma; safety&comma; and anomaly detection to commercial&comma; industrial&comma; school&comma; and governmental organizations&period;<&sol;p>&NewLine;<p><strong>Prevent and Quickly Respond to Active Shooter Events with Ready-to-Deploy Gun Detection<&sol;strong><&sol;p>&NewLine;<p>Today active shootings present a serious challenge requiring multiple layers of safety and security measures&period; In fact&comma;<a href&equals;"https&colon;&sol;&sol;www&period;fbi&period;gov&sol;file-repository&sol;active-shooter-incidents-in-the-us-2021-052422&period;pdf"> FBI data<&sol;a> reveals that active shooter incidents have increased 33&percnt; between 2019-2020 and 52&period;5&percnt; between 2020 and 2021&period; The United States has suffered<a href&equals;"https&colon;&sol;&sol;www&period;washingtonpost&period;com&sol;nation&sol;2022&sol;06&sol;02&sol;mass-shootings-in-2022&sol;"> at least four mass shootings every week so far in 2022<&sol;a>&period; Organizations across the board—retail&comma; industrial&comma; schools&comma; religious&comma; medical&comma; governmental&comma; among others—can benefit from AI-based solutions to help prepare and prevent mass shootings in their environments&period;<&sol;p>&NewLine;<p>Kogniz built<a href&equals;"https&colon;&sol;&sol;www&period;kogniz&period;com&sol;product-suite&sol;gun-detection"> Kogniz Gun Detection<&sol;a> to help organizations to prepare for&comma; proactively detect&comma; and respond to an active shooter event&period; Kogniz Gun Detection was designed for quick deployment with the flexibility to adapt to each organization’s specific needs&period;<&sol;p>&NewLine;<p>Kogniz Gun Detection uses computer vision and AI to identify firearms in real time using a client’s existing camera infrastructure&comma; offering&colon;<&sol;p>&NewLine;<ul>&NewLine;<li aria-level&equals;"1"><strong>No False Alarms<&sol;strong> using multi-pass AI and backed by a trained team of human verifiers<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Real-Time Alerts <&sol;strong>over phone&comma; SMS&comma; Slack&comma; and email<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Prebuilt Automated Workflows<&sol;strong> to automate actions defined in the emergency response plan<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Dynamic Reports<&sol;strong> to easily access real-time&comma; critical information<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Two-Way Communications<&sol;strong> to provide information to those in need of help and stakeholders like police and other first responders<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Emergency Response Plans<&sol;strong> to document and prepare for actions to be taken during the emergency response<&sol;li>&NewLine;<li aria-level&equals;"1"><strong>Visual Simulations <&sol;strong>to simulate and prepare for active shooter scenarios and validate emergency response plans<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&OpenCurlyDoubleQuote;Kogniz Gun Detection uses client’s own cameras already onsite to detect and immediately respond in the horrible event of an active shooter or mass shooting situation&comma;” shared Daniel Putterman&comma; CEO of Kogniz&period; &OpenCurlyDoubleQuote;By enabling a ready-to-deploy gun detection solution&comma; we’re making it dramatically easier for companies&comma; governmental agencies&comma; schools&comma; and hospitals to prepare for and then help reduce the harm done by an active shooter event&period;”<&sol;p>&NewLine;<p>Kogniz Gun Detection seamlessly integrates with the Kogniz platform to address other safety and security situations&period; These pre-built detectors include detecting unusual behaviors like people running in halls&comma; people entering through exits or jumping fences&comma; and other situations that can be early indicators of incidents before they escalate&period;<&sol;p>&NewLine;