Flock Safety has raised $275 million, reaching a valuation of $7.5 billion, significantly up from $4.8 billion the previous year. Known for its license plate recognition tech and gunshot detection systems, the startup has achieved over $300 million in annual recurring revenue, signifying a 70% year-over-year growth. Despite facing scrutiny over privacy and surveillance implications from critics like the ACLU, Flock remains favored by investors, having garnered over $950 million in funding since its founding in 2017 through Y Combinator.
Flock Safety, a computer vision surveillance startup, secured $275 million at a $7.5 billion valuation, highlighting its rapid growth in video technology for public safety.
Despite controversies around surveillance tech, Flock, which crossed $300 million in annual revenue, continues to attract investors and expand its product offerings.
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