alarm:clock

Security - Monday, May 21, 2007

Motorola Invests in Video Security's VidSys

Motorola has invested an undisclosed amount into VidSys. The company's technology is used in local, state and federal command centers as a platform for controlling and managing video feeds. The video data is coordinated in the command center, as well as among the necessary agencies that need to respond, be it fire, police, security or public safety.

In September of 2005, VidSys was spun out from parent company Dynamic Technology Services, supported by $3M in series A funding led by IDG Ventures. The competition is stiff in the industry, among them is LiveWave, ADT Security Services and GE Security as well as Cisco and IBM. Cisco paid $51M to acquire SyPixx Networks.

The company recently hired new CEO Chuck Teubner who was COO of Groove Networks, which was bought by Microsoft.
.
Read - announcement