California Highway Patrol deploys Veritone's AI software to automate evidence redaction

California Highway Patrol adopts Veritone redaction software By Investing.com

IRVINE, Calif. - Veritone Inc. (NASDAQ:VERI) announced today a contract with the California Highway Patrol to deploy its Veritone Redact software for automating the redaction of sensitive information in digital evidence, according to a press release statement. The contract comes as Veritone's stock trades at $1.31, near its 52-week low of $1.22, though InvestingPro analysis suggests the company remains undervalued at current levels. The contract, awarded in partnership with MissionRT, a public safety technology company, will enable CHP to process body-worn camera video, dash camera footage and 911 audio for public records requests and court proceedings. The software automates the removal of personally identifiable information including faces, license plates, medical information and driver's license numbers from audio, video and image-based evidence. CHP is the largest state police agency in the United States, employing nearly 11,000 personnel who serve approximately 40 million California residents. The agency manages a growing volume of digital evidence that requires redaction before release under the Freedom of Information Act or for court and media inquiries. The Veritone Redact solution operates on the company's aiWARE platform and processes multiple media types within a single workflow. The technology is designed to reduce evidence preparation time for agencies that handle thousands of traffic stops and crashes annually. "The California Highway Patrol operates in one of the most complex and demanding environments in the country, managing an immense volume of digital evidence daily," said Ryan Steelberg, CEO of Veritone. MissionRT integrates the redaction software with CHP's existing and future systems across evidence and public records processing. Richard Coleman II, CEO and Founder of MissionRT, stated the company helps agencies modernize workflows through its integrated public safety platform. Veritone develops enterprise artificial intelligence software and solutions for commercial and public sector organizations. The company's aiWARE operating system processes video, audio and images through machine learning models. With a market cap of $121.77 million and revenue of $89.99 million over the last twelve months, analysts forecast 49% revenue growth for fiscal 2026. InvestingPro offers 13 additional exclusive tips for VERI, plus comprehensive Pro Research Reports covering this and 1,400+ other US equities with actionable intelligence for smarter investing decisions. In other recent news, Veritone Inc. reported its Q1 2026 earnings, which showed a mixed financial performance. The company posted an earnings per share (EPS) of -$0.128, surpassing the forecasted -$0.145, marking an 11.72% positive surprise. However, Veritone's revenue was $20.26 million, falling short of the expected $29.31 million by 30.88%. Additionally, Veritone will be included in the Russell 2000 and Russell 3000 indexes following the June 2026 Russell Reconstitution, effective after the U.S. market close. This inclusion is based on a preliminary list published by FTSE Russell. In terms of analyst activity, UBS initiated coverage on Veritone with a Neutral rating and set a price target of $2.50, down from a previous $6.00. UBS noted Veritone's improved position to scale AI solutions but expressed caution regarding the timing of profitability due to the complexity of Veritone Data Refinery deals. These developments highlight the company's ongoing efforts and challenges in the market. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Veritone Gets Contract With California Highway Patrol for Evidence Redaction Projects

Veritone, Inc. builds human-centered enterprise artificial intelligence (AI) solutions. Its AI operating system, aiWARE, uses machine learning algorithms, or AI models, together with a suite of applications, to reveal valuable insights from vast amounts of structured and unstructured data. Highly modular and customizable, aiWARE enables expansive scale with the flexibility to deploy in the cloud, at the edge or in hybrid environments. Its aiWARE platform offers capabilities that are designed to mimic human cognitive functions such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. Its aiWARE platform encompasses industry applications, automate studio and developer APIs, intelligent data lake, applications and cognitive analytics, and generative AI. It serves customers in the media, entertainment, public sector and talent acquisition industries.