About Modcam
Modcam is a company based in Lund (Sweden) founded in 2013 by Bogdan Tudosoiu was acquired by Cisco in August 2020. It operates as a B2B. Modcam has raised $2.2 million across 5 funding rounds from investors including Cisco, European Union and EIC Fund. Modcam operates in a competitive market with competitors including Waylens, Awiros, Unleash live, Viisights and Vintra, among others.
- Headquarter Lund, Sweden
- Founders Bogdan Tudosoiu
- SectorsTechnology
- Website modcam.com
- Social X Facebook
- Acquired by Cisco (Aug 2020)
- Legal Name Modcam Ab
Funding Insights of Modcam
Modcam has successfully raised a total of $2.2M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $57.05 thousand completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.2M
- Total Rounds 5
- Last Round Grant — $57,046
- First Round $1.59M
(Jun 2015)
- Investors Count 4
All 5 funding rounds of Modcam with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $57,046 | Grant | – | – | |
| Jan 2017 | $52,630 | Grant | – | – | |
| Nov 2015 | – | Seed | – | – | – |
| Sep 2015 | $606,500 | Seed | – | – | |
| Jun 2015 | $1.59M | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Modcam
Modcam has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Venture capital firm investing in tech startups | – | bosch.ventures | Gerlingen, Germany | |
Investments are directed toward early-stage software technology companies. | – | spintopventures.com | Malmo, Sweden | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
AI and saas based cloud security solutions | 1984 | cisco.com | San Jose, United States |
Investor details for Modcam
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Modcam
1 people are tracked at Modcam (1 in leadership).
| Name | Role | Group |
|---|---|---|
Bogdan Tudosoiu | Co-Founder | Leadership |
Complete people profiles for Modcam
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Modcam
4 dated milestones of Modcam across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Modcam is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Grant, of $57K.
- Exit Acquired by Cisco.
Competitors of Modcam
Modcam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Waylens, Awiros, Unleash live, Viisights and Vintra, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| waylens.com | 2014 | Waltham, United States | $2.2M | 6 | AI and cloud-enabled video-security solutions are offered for fleet monitoring. | |
| awiros.com | 2015 | Gurugram, India | $7.62M | 81 | Real-time video analytics solutions are provided via AI platform. | |
| unleashlive.com | 2016 | Sydney, Australia | $12.75M | – | AI based platform offering image and video analytics solutions | |
| viisights.com | 2014 | Tel Aviv, Israel | $21.2M | – | AI video analytics are applied for content discovery and personalization. | |
| vintra.io | 2016 | San Jose, United States | $13.93M | – | Cloud and AI-based video analytics solutions are integrated and provided. | |
| wobot.ai | 2017 | Wilmington, United States | $3.16M | 58 | AI-based video analytics solutions are provided for SOP deviation detection. |
Detailed competitors of Modcam
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Modcam
Complete news archive for Modcam
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Modcam
10 companies that operate in the same segment as Modcam (Image Recognition & Eye Tracking), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Switzerland | USD 273.1 M | – | – | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore | USD 1.03 B | – | – | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 693 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, China | USD 1.98 B | – | – | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 | |
Identity verification solutions are provided for multiple industries digitally. | 2014 | London, England, United Kingdom | USD 48.99 M | – | – | |
Provider of fraud prevention and payment validation for online retailers | 2011 | Palo Alto, California, United States | USD 394.38 M | – | 399 | |
Wearable wireless barcode scanners are manufactured for industrial IoT integration. | 2014 | Munchen, Bayern, Germany | USD 49.06 M | – | – | |
Biometric solutions for online identity verification are provided. | 2011 | London, England, United Kingdom | USD 85.13 M | USD 29.28 M | 169 | |
AI-powered automation is offered for document analysis and identity verification. | 2014 | Palo Alto, California, United States | USD 1 M | USD 11.7 M | 155 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Modcam
Modcam was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Modcam is headquartered in Lund, Sweden.
Modcam is a funded company, having raised a total of $2.2M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.59M, raised on Jun 2015.
Modcam, established in 2013, excels in leveraging cutting-edge technology, software, video analysis, and image processing. Offers a platform for video content analysis via image processing. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Modcam's top competitors include Unleash live, Waylens and Awiros.
Modcam has 5 investors. Key investors include Cisco, European Union, EIC Fund, Robert Bosch Venture Capital, and Spintop Ventures.
Modcam operates through Modcam Ab.
Yes. Modcam was acquired by Cisco in August 2020.