Mercedes Soria, VP Software Engineering, Knightscope, talks with Jeff Frick at Knightscope's Headquarters in Mountain View, CA https://siliconangle.com/2018/02/14/robots-strive-fix-nations-security-math-problem-knightscope/ These robots strive to fix nation’s security math problem Closed successful new funding round Five years later, the company just closed $25 million in new funding from Bright Success Capital, Konica Minolta Inc. and 5,000 crowdsourced investors. Microsoft and Juniper Networks Inc. are customers, and the company has contracts spread across 14 states. “Like most good entrepreneurs, we ignored everyone and just did what we said we were going to go do,” Li said. What Knightscope set out to do was transform the security industry by creating intelligent robots that could perform many of the same tasks that human guards were handling. It was a market ripe for disruption, because the national annual turnover rate for private security firms was more than 100 percent, with some estimates going as high as 400 percent. “The reason [robots] are more effective can be summarized in one point: Security guards don’t like to do their jobs,” explained Soria, who previously appeared in an interview on theCUBE . “It’s a job that’s very monotonous, very boring.”