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German security technology company Arcos has raised €5.5
million in seed funding to expand its platform for monitoring and responding to
security incidents across critical infrastructure and other physical sites. The
round included High-Tech Gründerfonds (HTGF), Bayern Kapital, Pact, Haufe,
Robin Capital and strategic business angels. HTGF’s investors include the
German Federal Ministry for Economic Affairs and Energy and KfW Capital.
Arcos is developing a platform that combines signals from
connected sensors into a single operational system for managing security
incidents. The platform is designed to help operators monitor homes, commercial
properties, construction sites and critical infrastructure, including railway
stations, substations and data centres, from a single control centre.
The company is targeting a growing challenge for the
security industry as organisations deploy increasing numbers of sensors while
facing shortages of operational staff. Rather than relying on separate systems
for monitoring, decision-making and incident management, Arcos brings these
processes together into a single platform where incidents are detected,
assessed, escalated and documented.
This industry helps decide whether the country functions,
and it is changing faster than ever before. More sensors, fewer people. What is
missing is someone who looks. That is exactly what we are building with our
technology and the offering of a full-service provider,
said Louis Wübben, founder and managing director of Arcos.
Arcos develops and operates both the software platform and
the control centre infrastructure. According to the company, this allows its
operations, engineering and product teams to continuously update workflows
based on real-world incidents, rather than relying on separate software
vendors.
Moritz Steigerwald, founder and managing director of Arcos,
said the company’s platform brings signal processing and operational workflows
together in a single system:
As a result, we see immediately in daily operations where
workflows need to improve, and we can implement those improvements ourselves.
The company says its platform is designed to work across
different types of sites, allowing the same processes and software to be
applied to residential, commercial and critical infrastructure environments.
The new funding will be used to expand Arcos’ team in
Germany, further develop its platform and prepare for growth in the critical
infrastructure market. The company also plans to expand into additional
European markets.