The company operates in an area of public safety tech also inhabited by Axon and Motorola, and has said it is seeking more presence in a body camera market it expects to hit $30 billion by 2030, up from $10 billion now. Founded in Belfast, Ireland, in 2019, Halo has offices there; in Dublin, Ireland; and in Austin, Texas.
Besides law enforcement, Halo sells into the transit, private security, health care and retail industries — the last two being fresh sales targets for Axon, which in January announced its own push into those areas. Halo also offers livestreaming of real-time data — another trend in public safety — to its digital asset management cloud platform; and Internet of Things tools.
"We started Halo with a mission to fundamentally transform the safety and security sector and provide innovative technology that safeguards lives and businesses," company CEO Fiona Shanley said in a statement. "Various social and economic realities have escalated demand for effective and reliable security solutions that maximize tech budgets and most importantly, protect people.”
She said the fresh capital will go toward helping Halo increase its worldwide sales, product innovation and customer service. Halo said it also will use the funding for U.S. hiring.
As is the case in many recent gov tech deals, Halo touted its continued investment in artificial intelligence. In the news release, the company also said it is focused on bringing to market new analytics features and open APIs that can integrate with tools offered by partners.
"Technology including hardware and software has become a critical part of safeguarding lives and businesses," said Tomy Han, Volition Capital partner, in the statement. "The use cases for body cam solutions have expanded well beyond traditional law enforcement."
