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News / Solink raises more than $100 million to put AI video analytics on cameras businesses already own

Solink raises more than $100 million to put AI video analytics on cameras businesses already own

AIPopDB Newsroom · via siliconangle.com · · 1 min read

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Solink, a video intelligence company that began in Ottawa, said on 29 October 2026 that it has raised more than $100 million. Toronto private equity firm Vertu Capital led the round, with Goldman Sachs Alternatives' growth equity arm investing a material amount and Golub Growth and Comcast Ventures joining as new backers.

The software reads cameras a business already owns. By its own count about 500,000 cameras at more than 35,000 locations in 65 countries feed it, and total funding now exceeds $198 million. No valuation was given, and the company did not say what the "strategic opportunities" portion will cover.

A wall-mounted CCTV camera, the kind of existing hardware Solink's software reads

A wall-mounted CCTV camera, the kind of existing hardware Solink's software reads

Image: TechCrunch (2023 funding story)

This year Solink added AI agents for perimeter security and loss prevention that run on edge devices, and gave its VerifEye command center vision language models to filter false alarms.

About Solink

Solink is an Ottawa-based video intelligence company whose software adds AI analysis to the security cameras businesses already have and links footage with point-of-sale data. It was co-founded by Waterloo electrical engineering graduate Mike Matta, now its chief executive.

The company began as a consulting group helping banks and credit unions fight ATM fraud by combining transaction data with camera footage, and moved into cloud video security in 2016. This is not its first large round: it raised $16.3 million in 2019 in a round led by Valor Equity Partners, when its system ran in about 2,500 quick-service restaurants and loan branches, and closed a $60 million Series C in July 2023 led by Goldman Sachs with OMERS Ventures and BDC IT Ventures.

Chief executive Mike Matta said nobody should need to watch footage to know what is happening in their business. Vertu's Eric Kafka called AI vision intelligence one of software's biggest opportunities.

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