SAN FRANCISCO–(BUSINESS WIRE)–Spot AI announced today it has closed a $40 million Series B financing round led by Scale Venture Partners, bringing its total to $62 million in funding. Also participating in the round are existing investors Redpoint Ventures, Bessemer Venture Partners, and new investors StepStone Group, and MVP Ventures. Hypergrowth Partners also joins Spot AI as an advisor and investor. The video security industry has recently seen exponential growth – with 2x growth in camera