Venture Capital

Density, Which Provides Occupancy-tracking Sensors To Companies, Raises $125M | Venturebeat

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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next. New York-based Density, a startup developing people-counting, AI-powered sensors, today announced that it raised $125 million in financing, bringing the company’s valuation to $1.05 billion. The round was led by Kleiner Perkins with participation from 01 Advisors, Upfront Ventures, Founders Fund, and Altimeter Capital. It adds to Density’s existing over $92 million in venture capital, with the total now standing at $225 million. Density says that it’ll put the funds toward R&D and its ongoing customer acquisition efforts.

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