Cloud-based Physical Security Startup Octopus Raises $2.5M From Singulariteam

 Octopus, a Tel Aviv startup that makes cloud-based physical security systems for large facilities, has raised $2.5 million from Singulariteam. The company will use the funds to expand in the U.S. and Asia. In China, its growth plans will be helped along by the fact that two of China’s biggest Internet companies, Tencent and Renren, are Singulariteam backers. Read More
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