V5 Systems develops turnkey outdoor security solutions—including video surveillance, license plate reading, and gunshot detection—built on a self-powered edge computing platform that runs AI on-device with cloud scalability. Its systems are powered by a combination of solar, battery and power-management hardware with wireless connectivity, enabling installations virtually anywhere without tapping fixed power. The company positions its platform to expand Industrial IoT into outdoor environments and has deployed thousands of units in the field. V5 has partnerships with industry players such as Oracle, Dell, Intel, Nvidia, VMware, Axis Communications, Synnex and Arrow Electronics, and cites multiple industry awards. Management plans to use new funding to advance product development, ramp sales efforts, and expand customer support to grow Safe and Smart City initiatives. Executives emphasize continued innovation and leadership in outdoor Industrial IoT technology. V5 Systems is a Fremont, Calif.-based provider of self-powered computing and security platforms designed for outdoor environments. Its technology leverages self-powered units that enable edge computing and artificial intelligence outdoors, with devices customizable to include sensors that let them see, hear, and smell. The company is establishing strategic partnerships with Dell EMC, Axis Communications, Intel, Foxlink, Nvidia, T Systems, Oracle, Arrow and VMware to maximize adoption and compete globally. V5 closed a $12M Series A2 round. Backers for the Series A2 were not disclosed, and the fundraise brought total capital raised to date to over $20M. Company leadership listed in the article includes Steve Yung (Chairman & CEO), Mazin Bedwan (President & COO), and Eddie Bedwan (EVP of Global Support & Operations).

Total raised

$12M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2017