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News April 28, 2021

Alcatraz AI Raises Additional $6.1M in Funding

– Alcatraz AI from Redwood City develops secure access control solutions. – The company raised $6.1m in funding. – Backers included Ray Stata (lead), Hardware Club, Mucker Capital, JCI Ventures, the venture capital arm of Johnson Controls, and LDV Partners. – The new investment will be aimed at product development and expansion of foothold in the market.