SimShine raises $8 million for home security cameras that use edge computing

SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security cameras that use edge computing to keep data on-device. The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment.
Earlier this year, SimShine raised $310,095 in a crowdfunding campaign on Kickstarter. It will use its pre-Series A round for product development and hiring.
SimShine’s team started off