Flock Safety Secures $275M Funding at $7.5B Valuation Amid Controversies
Flock Safety, known for its video surveillance technology, has raised $275 million at a $7.5 billion valuation, with participation from notable investors including Bedrock Capital. The Atlanta-based startup, founded in 2017, boasts over $300 million in annual recurring revenue, marking a 70% year-over-year growth. With over $950 million in total funding, Flock has faced scrutiny regarding privacy concerns and lawsuits but continues to attract significant VC interest. The company’s innovative public safety solutions, including gunshot detection and license plate recognition, are driving its growth despite challenges.
Created at: