Solink Raises Over $100M to Transform Security Cameras Into Business Intelligence With AI

Solink Secures Major Funding to Expand AI Vision Intelligence

Solink, an Ottawa-based video intelligence company, announced it has raised more than $100 million in a funding round led by Vertu Capital1

1

2

2

. Goldman Sachs Alternatives, Golub Growth and Comcast Ventures joined the round, marking a significant milestone for the company that transforms existing security cameras into sources of actionable business data1

1

. Goldman Sachs previously led Solink's $60 million Series C round in July 2023, and with this latest investment, the company has now raised more than $198 million in total2

2

.

Turning Cameras Into Business Intelligence

Founded in 2009, Solink started by selling cloud video surveillance but has evolved into an AI platform that extracts meaningful insights from cameras already installed in retail stores, restaurants and warehouses2

2

. The company's software analyzes video feeds to identify critical events such as theft detection, service delays and safety incidents, converting visual data into business intelligence that managers can act on1

1

. Co-founder and Chief Executive Mike Matta emphasized that "nobody should need to watch footage to know what is happening inside a business," highlighting the platform's ability to automate surveillance analysis2

2

.

Rapid Growth Across Global Markets

Solink now monitors approximately 500,000 cameras across more than 35,000 locations in 65 countries1

1

2

2

. This represents substantial expansion from 18,000 locations in 15 countries when the company completed its Series C in 20231

1

. The platform serves major brands including Take 5 Oil Change, Jack in the Box and PGA TOUR Superstore1

1

. Take 5 Oil Change reported a 78% reduction in drive-offs after implementing the system, demonstrating tangible loss prevention results1

1

.

Advanced AI Features and Edge Computing

In February, Solink introduced AI agents for perimeter security and loss prevention that run on edge devices without requiring proprietary cameras2

2

. A month later, the company enhanced its VerifEye command center with vision language models designed to filter false alarms before they reach human operators2

2

. This approach allows security operations centers to focus on genuine threats while the AI handles routine monitoring tasks.

Market Positioning and Competition

Matta described the current period as "a watershed moment for how physical businesses operate," positioning AI vision intelligence as what Solink believes will become the next trillion-dollar software market1

1

. Eric Kafka, a partner at Vertu Capital, called AI vision intelligence "one of the most significant opportunities in software today," citing Solink's execution and product roadmap as key factors in the investment decision2

2

. The sector is attracting significant capital, with competitors like San Francisco-based Coram raising $35 million in June for AI agents that search camera footage, and Paris-based Veesion securing €38 million in 2025 to detect shoplifting1

1

.

Investment Plans and Future Direction

Solink plans to deploy the new capital toward developing additional AI features and pursuing what it describes as "strategic opportunities," though specific details were not disclosed1

1

2

2

. The company aims to help customers reduce loss and uncover new revenue streams from their existing camera infrastructure2

2

. Mike Reilly, a managing director in Goldman Sachs' growth equity group, noted that customer adoption and the product roadmap made reinvesting "a natural decision"2

2

. With physical businesses increasingly seeking ways to extract value from existing infrastructure, Solink's ability to transform passive security cameras into active business intelligence tools positions it to capture growing demand across retail, hospitality and logistics sectors.