Tech Company Financing Transactions
VideoIQ Funding Round
VideoIQ, based in Bedford, secured $10 million in funding from Accomplice, Lehman Brothers Venture Partners and Matrix Partners.
Transaction Overview
Company Name
Announced On
7/9/2008
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The new round of funding will be used to fuel VideoIQ's market expansion and continue product development of its line of intelligent video surveillance offerings.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
213 Burlington Road 4
Bedford, MA 01730
USA
Bedford, MA 01730
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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