Evolv Technology: Raises $30M in Growth Capital

Evolv Technology: Raises $30M in Growth Capital

• Evolv Technology, a Waltham, Mass.-based human security company, raised over USD30m in Series C funding
• The funds used to expand sales, marketing, customer support, channel programs and product development following a year of record growth
• Total funding in the company now exceeds $75 million
• The Edge is able to scan more than 800 people per hour, said Evolv
• Evolv offers an optional facial recognition add-on — Pinpoint — that taps an IP camera to capture images of visitors faces
• They’re processed in seconds and compared to multiple watch lists and employee rosters