Knightscope, a developer of advanced physical security technologies, completed a new $3.5 million term loan facility with Silicon Valley Bank.

The company will use the funds to finance the production of additional autonomous data machines in order to meet client order demands for its security robots.

“Our growing relationship with Silicon Valley Bank will help drive our growth as we expand nationwide,” said William Santana Li, Knightscope chairman and CEO.

Knightscope security robots deter, detect and report autonomously.