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Evolon Technology has filed a notice of an exempt offering of securities to raise $5,000,000.00 in New Debt Financing.

Evolon Technology has filed a notice of an exempt offering of securities to raise $5,000,000.00 in New Debt Financing.

March 14, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Evolon Technology is raising up to $5,000,000.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, Blake Pyle played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Evolon Technology
Evolon develops advanced, highly accurate perimeter surveillance software solutions for critical infrastructure protection and central station monitoring. From the Edge to the Cloud, Evolon’s award-winning solutions deliver real-time detection of objects of interest with fewer false alarms. We’re developing AI to build the world’s most impactful perimeter security solutions for video monitoring. Our mission is to protect people and property with perimeter security solutions that apply computer vision, artificial intelligence, and analytics to surveillance video. Our solutions transform standard security cameras into smart devices by delivering real-time alerts, forensic analysis, and operational insights using fewer cameras while eliminating nuisance alerts common with outdoor video motion detection.

To learn more about Evolon Technology, visit http://evolontech.com/

Contact:
Blake Pyle, Chief Financial Officer
469-501-7500
https://www.linkedin.com/in/blakepyle/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


Venture Capital
1920, Dallas, Evolon Technology, intelligence360, Texas, Venture Capital

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