Fenwick Represents Ambient.ai in $20 Million Financing

Fenwick represented Ambient.ai, an AI-powered computer vision intelligence (CVI) company transforming the physical security industry, in its $20 million financing from Allegion Ventures—the largest investment of the corporate venture fund of Allegion plc.

Ambient.ai will use the funds to accelerate its mission to prevent every security incident possible by helping more organizations address their biggest physical security challenges. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partner Dan Dorosin and included associates Summer Yin, Tracy Kennberg and Liz Malmen.