# Gorilla Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gorilla-technology

- Industry: Software
- Headquarters: Taipei, Taiwan - China
- Website: www.gorilla-technology.com
- Total disclosed funding: $15M
- Latest round: Series D (Dec 19, 2018)
- Investors on record: 3

## About

Gorilla Technology Inc. develops AI-powered solutions aimed at enhancing urban safety and efficiency. Their innovative products cater to diverse clients, including government agencies and businesses, by addressing key challenges in smart city environments.Gorilla Technology Inc. specializes in advanced AI solutions focused on improving urban environments. Founded in 2001 and headquartered in Taipei, Taiwan, the company has successfully completed 4 deals, with the latest funding round occurring on October 4, 2019. In this round, the company raised USD 12.3 mn from Asteria Vision Fund, bringing the total amount raised to USD 12.3 mn. The CEO of Gorilla Technology is Spincer Koh.Gorilla Technology specializes in AI-powered solutions aimed at enhancing the safety and efficiency of urban environments. The company offers a range of products designed to address specific challenges faced by governments, educational institutions, businesses, and metropolitan areas. Their core offerings include advanced edge AI video analytics, integrated security solutions for transportation systems, healthcare infrastructure, and smart city platforms that facilitate digital and physical security convergence. These products are utilized to improve public safety, optimize resource management, and foster economic growth in various markets, including North America, Europe, and Asia-Pacific. Clients typically include government agencies, public service organizations, and private enterprises that require tailored smart solutions to meet the needs of their cities and constituents.Gorilla Technology generates revenue through a diversified business model that includes direct sales, subscriptions, and long-term partnerships with enterprises and government entities. Transactions often involve multi-year contracts for the implementation and maintenance of their AI-driven solutions, ensuring ongoing revenue streams through service agreements. The company's flagship products, such as the IVAR and EVMS solutions, are offered under a subscription model that provides clients with continuous access to software updates and technical support. Specific pricing structures are designed to cater to the varying needs of their clients, allowing for scalability and customization based on project scope and complexity. Overall, their revenue model is anchored in delivering value through innovative technology while fostering long-term client relationships.Gorilla Technology plans to utilize its recent funding of USD 12.3 mn raised on October 4, 2019, to support the development of new AI solutions aimed at enhancing urban environments. The company is targeting expansion into North America and Europe, with specific strategies to enter these markets by 2022. Additionally, Gorilla Technology will focus on refining its current offerings and launching new products designed for improved resource management and public safety.

## Funding rounds

- Series D, Dec 19, 2018, $15M — SBI Investment
- Series C, Mar 20, 2015 — Acer, Titanium Ventures

## Investors

- Acer — Series C
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series D