Skip to content

Robotics company, Asylon, secures investment from Allegion Ventures in their Series B funding round.

Asylon intends to speed up product development and distribution, grow its in-house teams, and collaborate with essential infrastructure, using the investments it has secured.

Robotics company Asylon secures Series B funding from Allegion Ventures.
Robotics company Asylon secures Series B funding from Allegion Ventures.

Robotics company, Asylon, secures investment from Allegion Ventures in their Series B funding round.

Asylon Robotics, a pioneer in automated security solutions, has secured a strategic investment from Allegion Ventures, the corporate venture fund of Allegion plc. This investment is part of Asylon's recently closed $24 million Series B round, led by Insight Partners [2][5].

Asylon offers a comprehensive product lineup, including automated security drones, management software, and robot dogs, providing automated full-service perimeter security solutions [1]. With this investment, Asylon aims to redefine security as an automated, tech-enabled solution for the protection of people, property, and national assets [2].

The funds raised will accelerate product innovation for AI-powered drones, security robots, and command software, scaling deployments across commercial and government sectors [2][4]. Asylon has already completed over 250,000 robotic security missions, underscoring their established operational experience [2].

CEO Damon Henry expressed pride in partnering with Allegion Ventures, stating that this funding will help build a future where automated, technology-enabled security services become the standard, offering more cost-effective and resilient security than traditional systems [2].

In addition to this investment, Asylon plans to expand several of its in-house teams, including engineering, operations, and go-to-market teams. Bobby Prostko, Managing Director of Allegion Ventures, highlighted Asylon's innovative use of robotics and AI to deliver scalable, automated security solutions [1].

Meanwhile, the increasing usage of cellular signal jammers is leaving security systems vulnerable. To address this growing threat, DMP, a leading manufacturer of innovative security products, has introduced JamAlert. This detection device aims to secure systems vulnerable due to the usage of cellular signal jammers [3].

With this investment, Asylon intends to partner with critical infrastructure, defense, and logistics entities, further expanding its market presence in robotic perimeter security for commercial and government sectors.

References:

  1. Allegion Ventures Invests in Asylon Robotics
  2. Asylon Robotics Secures $24 Million in Series B Funding Led by Insight Partners
  3. DMP Introduces JamAlert: A Detection Device to Combat the Increasing Usage of Illegal Cell Jammers
  4. Allegion Ventures Makes Strategic Investment in Asylon Robotics
  5. Asylon Robotics Raises $24 Million in Series B Funding Led by Insight Partners

Asylon Robotics, with this investment, aims to redefine security as an automated, technology-enabled solution, focusing on product innovation for AI-powered drones, security robots, and command software. CEO Damon Henry believes that this funding will help build a future where automated, technology-enabled security services become the standard.

Read also:

    Latest