Skip to content

Funding Boost for Asylon Robotics: Securing $24 Million in Series B Round to Improve Automated Security Technology

Robotic perimeter security tech firm, Asylon, reveals a $24 million Series B investment headed by Insight Partners, joined by Veteran Ventures Capital, Allegion Ventures, and the GO PA Fund.

Automated Security Platform of Asylon Robotics Enhanced with $24 Million Series B Funding
Automated Security Platform of Asylon Robotics Enhanced with $24 Million Series B Funding

Funding Boost for Asylon Robotics: Securing $24 Million in Series B Round to Improve Automated Security Technology

Asylon, a pioneering company specializing in robotic perimeter security technology, has raised $24 million in a Series B funding round. The funding round was led by Insight Partners, with participation from Veteran Ventures Capital, Allegion Ventures, and the GO PA Fund.

Insight Partners, an influential venture capital and private equity firm, believes Asylon is the next dimension of physical security. Mike Hayes, the Managing Director at Insight Partners, expressed his excitement about partnering with Asylon to help pioneer industry transformation.

Asylon's CEO and Co-Founder, Damon Henry, shared the company's vision for a future where intelligent security is the norm, not the exception. The funding will enable Asylon to deliver on the promise of automated, tech-enabled security services.

Asylon's approach positions it to lead in a market demanding automation and reliability. The company offers U.S.-made solutions that integrate autonomous drones, ground robotics, and AI-driven command software. These solutions are currently deployed across corporate campuses, critical infrastructure, logistics hubs, and defense installations.

Over 250,000 robotic security missions have been completed by Asylon, demonstrating the efficiency and effectiveness of their technology. With the funding from Insight Partners, Asylon aims to expand its teams, accelerate product development, and strengthen partnerships.

The funding will be used to drive product innovation and enhance Asylon's position in the commercial and government sectors. The services offered by Asylon are expected to be more cost-effective and resilient than traditional systems.

At present, no specific companies have been identified in the search results as future cooperative partners or collaborators for Asylon to support the growth of automated security systems. However, Insight Partners is optimistic about the potential collaborations that lie ahead.

Insight Partners' investment in Asylon underscores the growing importance of automated security solutions in today's world. Asylon's full-stack, tech-enabled approach integrates robotics, AI, and mission execution, making it a promising player in the market.

In conclusion, the funding secured by Asylon marks a significant step forward in the development of autonomous security solutions. With the support of Insight Partners and other investors, Asylon is well-positioned to lead the way in the automation of physical security services.

Read also:

Latest