VideoIQ Receives $3,500,000 Series C Round

  • Feed Type
  • Date
    1/10/2012
  • Company Name
    VideoIQ
  • Mailing Address
    213 Burlington Road Bedford, MA 01730
  • Company Description
    VideoIQ acts as digital guard that transforms video surveillance into a dynamic, real-time, intelligent system for guarding against intruders, and gaining early warning of security breaches. It delivers the industry’s best detection accuracy and far fewer false alarms than conventional systems, requiring human response only when a real event takes place.
  • Website
    http://www.videoiq.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The incremental funds bring the total Series C round to $11M and will be used to further support the expansion of the sales and product development teams globally.
  • M&A Terms
  • Venture Investor
    Atlas Venture
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Tenaya Capital