iLobby, a Canadian software company atozmp3 specializing in visitor management systems, has announced the successful closure of its Series A funding round, raising $100 million. The round was led by Partners Group AI, with participation from existing investors OZ Capital, Greensoil PropTech Ventures, and Moderne Ventures.
iLobby’s visitor management system streamlines the visitor check-in process and provides enhanced security measures. The software uses facial recognition technology to verify the identity of visitors and provides real-time notifications to staff when visitors arrive. It also tracks visitor activity, including time spent on site and areas accessed, to help organizations comply with safety and security regulations.
The company plans to use the funding to toonily expand its product offerings and increase its global reach. iLobby currently serves customers in North America, Europe, and Asia, and aims to expand its presence in these regions as well as enter new markets. The funding will also be used to invest in research and development to enhance the company’s existing products and develop new solutions.
The Series A funding round comes as iLobby experiences strong growth. The company has seen a surge in demand for its visitor management software as businesses and organizations seek to adapt to new safety and security protocols in the wake of the COVID-19 pandemic. The company has also been recognized for its innovation, winning the 2020 New masstamilanfree Product of the Year Award from Security Today magazine.
Partners Group AI, the lead investor in the funding round, is a global private markets investment management firm with over $109 billion in assets under management. The firm specializes in providing growth capital to technology companies and has a strong track record of success in the sector. Partners Group AI’s investment in iLobby is a sign of the company’s confidence in iLobby’s potential for continued growth and success.
In a statement, iLobby CEO Ariel Mashiyev masstamilan expressed excitement for the company’s future, stating that the funding will “allow us to scale up our product offerings and reach new markets, while continuing to provide the exceptional customer service and innovative solutions that our customers have come to expect from us.”
The Series A funding round justprintcard marks a significant milestone for iLobby and is a testament to the strength of the company’s products and its potential for continued growth. With the support of Partners Group AI and other investors, iLobby is well-positioned to expand its reach and solidify its position as a leader in the visitor management software space.
