Solink Secures Over $100M to Scale AI Security Camera Analytics
Led by Vertu Capital, the round funds the expansion of software that mines operational and loss prevention data from existing surveillance infrastructure.
In short
- Solink raised over $100 million in a strategic funding round led by Vertu Capital, bringing total capital raised to more than $198 million.
- The software connects to existing security cameras in restaurants, shops, and warehouses to analyze loss prevention, customer flow, and operational bottlenecks.
- According to Solink, it manages more than 500,000 cameras across 35,000 customer sites in 65 countries, ingesting 750 million hours of video monthly.
- The capital will support an AI roadmap featuring on-premises edge hardware and an expanded reselling partnership with Comcast.
Ottawa-based video intelligence provider Solink Corp. announced on October 29, 2026, that it has raised more than $100 million in a new strategic investment round. Toronto-based private equity firm Vertu Capital led the financing, which will fund Solink's roadmap for what it terms AI vision intelligence. The company's platform connects to standard security cameras that businesses already own, applying artificial intelligence models to pull operational metrics, flag safety problems, and pinpoint theft.
The investment round included significant reinvestment from existing backer Growth Equity at Goldman Sachs Alternatives, alongside participation from new investors Golub Growth and Comcast Ventures, according to SiliconANGLE. The fresh capital brings Solink's cumulative funding to more than $198 million. The transaction combined primary and secondary capital, with over 90 percent of proceeds directed to Solink's balance sheet and the remainder used for employee and secondary share sales, as reported by BetaKit.
Extracting Business Intelligence From Standard Cameras
Founded in Ottawa in 2009 as a cloud video surveillance provider, Solink has transitioned its core offering into an operational analytics layer. Instead of requiring businesses to install specialized camera hardware, Solink's software integrates directly with existing closed-circuit television infrastructure across physical sites. The platform monitors video streams to identify patterns such as inventory loss, stock readiness, and safety risks, according to Business Wire.
According to co-founder and Chief Executive Officer Mike Matta, the company aims to eliminate the requirement for humans to manually watch recordings to track business performance. While digital e-commerce merchants have long tracked visitor interactions systematically, brick-and-mortar storefronts have historically lacked comparable visibility into daily physical operations. Matta stated to BetaKit that the system aims to help operators uncover actionable details from the 99 percent of surveillance footage that otherwise goes uninspected.
The company has also rolled out specialized software modules throughout 2026. In February, Solink introduced AI agents targeting perimeter security and loss prevention, built to run on local edge devices rather than proprietary cameras, as reported by SiliconANGLE. In March, the company integrated vision language models into its VerifEye command center, designed to parse and filter out false alarms automatically before human security operators receive an alert.
Commercial Expansion and Market Traction
Solink's footprint has scaled substantially since its $60 million Series C round led by Goldman Sachs in July 2023. At that time, the platform supported 18,000 customer locations across 15 countries, according to The Next Web. The company now reports over 35,000 customer locations across 65 countries, with more than 500,000 cameras connected to its software. That camera footprint ingests more than 750 million hours of commercial video footage per month, according to BetaKit.
Solink's customer roster includes commercial chains such as Gap, Take 5 Oil Change, Jack in the Box, Tim Hortons, Domino's, Moose Knuckles, and PGA TOUR Superstore. Take 5 says it saw a 78% drop in drive-offs after using the system, according to The Next Web. The company's annual revenue has grown between 40 percent and 50 percent year over year, contributing to a 241 percent four-year revenue growth rate that ranked Solink 10th on Deloitte's 2026 Enterprise–Industry Leaders list, according to BetaKit. Solink says revenue has increased nearly tenfold since 2020, when the company completed a $23 million funding round, according to The Logic.
Competitors are also attracting capital in the automated video surveillance and physical analytics market. In June 2026, San Francisco-based Coram raised $35 million to build AI agents that search camera footage. Paris-based startup Veesion raised €38 million in 2025 to develop automated shoplifting detection algorithms, as documented by The Next Web.
Privacy Protections and Future Hardware Plans
The expansion comes amid increased public scrutiny regarding the spread of automated monitoring technologies in commercial environments. Addressing privacy concerns, Matta stated that Solink does not supply proprietary video capture hardware, sell anonymized personal data, or capture biometric identification metrics. A company spokesperson clarified to BetaKit that video data remains the exclusive property of the business operator, with footage shielded from outside third parties and law enforcement unless authorities produce a search warrant accompanied by owner consent.
Looking ahead, Solink will direct the new funds toward expanding its software engineering roadmap, launching an upcoming hardware device to run AI agents locally on customer premises, and strengthening commercial distribution channels, according to BetaKit. The company is also leveraging a reselling arrangement with investor Comcast to distribute its AI vision intelligence software directly to Comcast's network of commercial enterprise, retail, and restaurant accounts.
Questions people ask
How much capital did Solink raise, and who led the round?
Solink raised over $100 million in a strategic investment round led by Toronto-based private equity firm Vertu Capital, with participation from Goldman Sachs Alternatives, Golub Growth, and Comcast Ventures.
Does Solink require proprietary surveillance cameras?
No. Solink's software connects directly to the standard security and surveillance cameras that businesses, restaurants, and retail stores already have installed.
How does Solink handle customer privacy and biometric identification?
According to CEO Mike Matta, Solink does not provide biometric data or identify individuals, focusing on actions rather than individual actors. A company spokesperson added that video data is confined to the business owner and is not shared with anyone, including police, without a warrant and owner consent.
How large is Solink's current camera deployment?
According to Solink's reported metrics, the platform manages more than 500,000 security cameras across 35,000 customer sites in 65 countries, ingesting over 750 million hours of video each month.
Sources
- Solink raises more than $100M to pull business data from security cameras with AISiliconANGLE, Oct 29, 2026
- Solink raises over $100M to turn security cameras into business dataTNW | Artificial-intelligence, Oct 29, 2026
- Solink Raises More Than $100 Million in New Funding to Bring its AI Vision Intelligence to Physical Business Operations Around the Worldbusinesswire.com, Oct 29, 2026
- Solink raises more than $100 million USD to help physical stores keep an eye on their business | BetaKitBetaKit, Oct 29, 2026
- Solink raises US$100M to expand AI-driven surveillance camera platform - The LogicThe Logic, Oct 29, 2026
How this story was made: the newsroom picked it up from siliconangle.com and Techmeme, gathered the full text of the sources above, and drafted it with AI assistance. Every factual claim was then checked against those sources before publishing (22 claims checked). Illustrations marked as AI-generated are not photographs. Spotted an error? Tell us.
Published October 30, 2026 at 04:42 UTC
