Kiwi retailing crime intelligence startup Auror raises NZ$30 million

New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m).

The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board.

The company plans to use the funds to invest further in building its Australian team, its technologies, and supporting local retailers.

Auror works with some of the world’s biggest retailers including Woolworths, and is now used by more than 13,000 retail locations, supported by more 500 law enforcement agencies worldwide. The platform records more than 100,000 crime events recorded a month.

CEO Phil Thomson said they’ve also helped police solve thousands of serious crimes, including homicides, kidnappings, drug investigations, and even terrorism.

Read Full Content Here […]

Actionize.com is Available for Purchase. Learn more by clicking the button here:

Get Pricing Info