Butlr, a proptech firm focusing on what has of late been a popular category — measuring occupancy and sensing people — received an additional funding round of $5 million from Qualcomm Ventures.

A 2019 spin-off from the MIT Media Lab, the company "uses body heat and machine learning to detect occupancy, headcount and activity, and generate accurate, real-time and historical spatial insights while being incapable of collecting personally identifiable information," according to a company press release.

The company also announced a new version of its Heatic wireless sensors and analytic tools.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.