Gabriel, a Brazilian security startup, raised a $12M (R$66M) funding round led by SoftBank.
Gabriel, founded in 2020, is on a mission to solve the prevalent issue of public safety and security in Brazil. The startup follows a similar model to other companies working to reduce crime in cities such as London, New York, and Israel.
With its network of security cameras across buildings, houses, and commercial establishments, Gabriel monitors shared public spaces to improve security across the city.
“We have been trying for decades to recover a greater sense of security in Brazil,” said Erick Coser, CEO of the company.
Other investors included Canary, Norte Ventures, Globo Ventures, Indie Capital, QMS Capital, MontLacer Investments, CamelFarm Ventures, Endeavor ScaleUp Ventures, and Wayra.
Gabriel will use the funding to further develop its infrastructure of security cameras in various districts of Rio de Janeiro and other new cities.
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