Lighthouse AI is to close down after its smart security camera product failed to reach desired commercial targets. First reported online, the company’s CEO Alex Teichman confirmed the news on its website and said customers would be given refund details. The company had previously announced that it was working with a number of partners in order to bring its intelligent home products into production. ’s enquiries within seconds. The firm raised $17m in funding at one point, from investors including Playground Global. Lighthouse’s Despite his company’s closure, Teichman expressed pride in its work and hope for the continued development of helpful AI products.
Lighthouse AI is to close down after its smart security camera product failed to reach desired commercial targets. First reported online, the company’s CEO Alex Teichman confirmed the news on its website and said customers would be given refund details. The company had previously announced that it was working with a number of partners in order to bring its intelligent home products into production. ’s enquiries within seconds. The firm raised $17m in funding at one point, from investors including Playground Global. Despite his company’s closure, Teichman expressed pride in its work and hope for the continued development of helpful AI products.