The corporate venturing unit of US-based business communications company Motorola Solutions has invested in the $5.7m Series A round for Scopix Solutions, a intelligent video analytics for retailers, consumer packaged goods companies and manufacturers.
Motorola Solutions Venture Capital was joined in the round by early stage firms Band of Angels, Halo Funds, The Angels Forum, and venture firm Austral Capital.
Imran Akbar, vice president, Motorola Solutions, said: “Motorola Solutions Integrated Services Platform continues to revolutionize the retail experience. Partnering with SCOPIX on the Real.Suite demonstrates how the NX 6500 reduces the amount of infrastructure needed within the retail IT environment and lowers the cost to retailers, thus increasing their ROI. Motorola Solutions continues to help retailers provide customers a state-of-the-art buying experience.”