Alumnus company Solink raises $23 million in funding

A video security and data analytics software firm started by a Waterloo Engineering alumnus has secured $23 million in funding to help fuel its growth.

Solink, which is based in Ottawa and has about 80 employees, was co-founded in 2009 by electrical engineering graduate Mike Matta, now the chief executive officer.

Its products integrate video surveillance footage with technology including point-of-sale platforms and inventory tracking tools. Artificial intelligence then analyzes data to help clients spot suspicious activity and inefficient workflows.

Read the full article.