Airis Labs, an AI defense technology company with operations in Tel Aviv and the Washington, D.C., area, said it has emerged from stealth with $60 million in total funding.
The funding includes a $31 million Series B round led by PSG Equity, with participation from previous investors TLV Partners, Stepstone Group, Redseed Ventures and angel investors Eyal Waldman, Jeff Horing, Yasmin Lukatz and David Chinn.
The company said the investment will help expand its U.S. operations, grow its team and accelerate product development.
Founded in 2023, Airis Labs develops technology that turns video and imagery from smartphones, social media, digital forensics, security cameras, body cameras, drones and other sources into structured intelligence for government agencies.
The company says its platform is designed to help analysts, operators and investigators search, analyze and act on large volumes of visual data that are often unstructured and difficult to process manually.
“Government teams do not have a shortage of raw visual data. They have a shortage of machine-readable understanding,” said Noam Friedman, co-founder and CEO of Airis Labs.
Airis Labs calls its category User-Generated Field Intelligence, which it says differs from traditional video analytics, open-source intelligence and general data fusion.
The company said its platform is already being used by government organizations worldwide and has been selected for the Oracle Defense Ecosystem.
Airis Labs has 45 employees and is headquartered in the Washington, D.C., area, with operations in Tel Aviv. The company was founded by national security veterans and enterprise technology leaders with experience in intelligence roles, Palantir deployments and government sales.
PSG Equity is a growth equity firm focused on software and technology-enabled services companies. Its offices include Boston, London, Paris, Madrid and Tel Aviv.