Tracker Capital Acquires Presage Security
Tracker Capital Management, LLC, a stage-agnostic venture capital investor that principally invests in emerging technologies, announced that one of its affiliates has acquired controlling interest in Presage Security (“Presage”).
Based in Reston, Virginia, Presage is a recently established technology venture applying machine learning and advanced mathematical processing to the analysis of video imagery, with a wide range of emerging applications in healthcare, security, and authenticity verification.
Recommended AI News: AuditMap.ai and Deloitte Canada Leverage Latest In AI To Enhance Internal Audit
“Tracker Capital’s investment and partnership will significantly enhance our ability to deliver innovative solutions to our customer base,” said Mark Oliver, Founder and Chief Executive Officer of Presage. “Tracker Capital brings extensive expertise in our target market segments and together, we will be able to successfully scale our enterprise to meet the growing needs of our customers.”
Recommended AI News: VirtualHealth Partners with Prealize on Data-Driven Care Management
David Robertson, Managing Director at Tracker Capital, commented: “We are pleased to partner with Presage, particularly at this exciting time in the company’s development. With its innovative technology and widespread applicability, we believe there are significant opportunities ahead for the company. We look forward to working with Mark and the team to help Presage achieve its vision as the market leader in video analysis.”
Recommended AI News: Peoples Payment Solutions Launches Interac e-Transfer Request Money via API