UVeye, which says it has raised more than $40 million from automakers and other strategic investors since its founding four years ago, announced Tuesday it has secured strategic investments from Hyundai Motor Company and several other investors.

UVeye, an automated vehicle-inspection systems developer, said the investments will serve to accelerate its global expansion plans.

The company also said Hyundai made the investment as part of an ongoing plan to use UVeye’s products and platforms at various locations globally across Hyundai’s operations.

UVeye’s major automotive partners include Honda, Toyota and Volvo. Insurance company W.R. Berkley Corp. is another strategic investor.

The company said its systems use proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor fusion technologies to help standardize and speed up most previously manual inspection processes.

UVeye chief executive officer and co-founder Amir Hever said the company’s automated, contact-free systems are changing the way in which auto dealers, major fleet operators and auto auctions inspect vehicles.

“Whether we are working with automakers, dealerships, used-vehicle auctions or major fleets, UVeye makes it easy for them to automatically inspect any type of vehicle, while guaranteeing much higher quality standards for processes that once used to be handled manually,” Hever said in a news release.

Hever said the company is proud to partner with Hyundai on projects enabling quick and efficient inspection of vehicles using deep learning and computer vision.

UVeye offers inspection systems for use in the homeland security and automotive fields.

Saying that its systems can be used throughout the lifecycle of a vehicle — including supplier and OEM assembly lines, new-car showrooms, dealership service departments and used-vehicle auction sites — the company adds that its inspection platforms add efficiency to help customers gain new data insights along the automotive value chain.

The company said its inspection technology is in use in automotive applications such as vehicle manufacturing and assembly lines, shipping and logistics, dealership service departments, auto auctions and major fleet operations.

UVeye initially developed the technology for use by the security industry, to help detect weapons and contraband.

Today, the automotive industry employs the technology to identify leaks and scratches along with damage to the tires, brakes and exhaust-system components. The system also helps identify any other potentially hazardous mechanical issues.