Alcatraz Secures $50M In Series B Funding Led By BlackPeak Capital And Others

Alcatraz, a Cupertino-based AI-powered physical access control company, raised $50 million in Series B funding, bringing its total funding to $100 million. The round was led by BlackPeak Capital, Cogito Capital, and Taiwania Capital, with participation from existing investors including Almaz Capital, EBRD, and Ray Stata.

Summary of transaction details:

• Deal Type: Series B
• Transaction Amount: $50,000,000
• Company: Alcatraz
• Founders: Vince Gaydarzhiev
• Current CEO: Tina D’Agostin
• Headquarters: Cupertino, California
• Notable Investors: BlackPeak Capital, Cogito Capital, Taiwania Capital, Almaz Capital, EBRD, Ray Stata

The funds raised will be used to expand Alcatraz into new verticals and international markets, as well as to grow its team. The company serves a variety of clients, including AI data centers, major U.S. airports, NFL teams, universities, and Fortune 100 companies.