SEON, a German security startup has secured R55-million in funding from numerous private investors through a German government-funded venture.
SEON plans to invest the funding in providing high tech security solutions to emergency responders
The startup plans to utilise the funding towards advanced software development and to expand its presence in the South African market.
Finn Plotz, co-founder and managing director at SEON explains that the startup’s services will provide a much-needed service to South Africans.
“South Africa is undoubtedly one of the most beautiful places in the world, but also one of the most dangerous,” says Plotz. “We have chosen the country as the best place in the world to invest in, due to its thriving tech ecosystem and its high levels of awareness around personal security. We believe the nature of our platform – which improves emergency response coordination – can help enhance security and health responses for all citizens.”
Founded in 2017, the high tech security startup’s services enables emergency services to rapidly respond.
“In an emergency, every second matters. We are providing first responders with the tools they need to receive alerts sooner, instantly dispatch resources, and Click here to read entire article
Source:: Venture Burn