Funding
Gov Perry Approves $86 Million Budget for Border Security
Texas lawmakers on Monday approved a plan by Gov. Rick Perry to increase spending on border security.
NYCHA Screwed Up Application, Missed Out on Federal Funds for Security Cameras
NYCHA lost out on funding for more security cameras at housing developments because the application was bungled. NYCHA lost out on hundreds of thousands of federal dollars for security cameras because it bungled filling out the proper paperwork, the NY Daily News has learned. Early this year, the U.S. Housing and Urban Development Department offered $3 million in “emergency safety and security grants” to housing authorities. More than 330 agencies nationwide applied, but NYCHA officials sent in an application that “was not complete and did not meet the minimum threshold requirements,” according to a HUD document obtained by The News.
Michael Dell Funding Eagle Eye Networks To Move Surveillance Camera Feeds Into The Cloud
Last month, Google-owned Nest made headlines when it confirmed rumors that it was acquiring connected-camera company Dropcam, well-known for putting its camera footage in the cloud. But what about professional grade security cameras — will they also become hip and modern and get connected to the cloud? One company, Eagle Eye Networks, is working to […]
Bay County Officials Seeking $5,500 Matching Grant For Security Cameras
Bay County, MI, supervisor of buildings and grounds, gestures to where a camera will likely be installed on the Incident Command Center at the Bay County fairgrounds. Aging equipment and recent theft have led county officials to seek funding for new security cameras in two parts of the Bay County Fairgrounds complex. Debra Russell, director […]
Pivot3 Announces Another $14 Million Financing Round
Pivot3, a leading supplier of video surveillance and virtual desktop (VDI) converged infrastructure storage appliances, announced today that it has closed a significant financing round of more than $14 million in new investment and working capital to fund the company’s growth and its drive to sustained profitability in 2014. The round consists of additional equity funding as well as other financial support from investors and key business partners. The equity funding was led by InterWest Partners and Mesirow Financial Capital Partners, and included additional funding from Focus Ventures, Lightspeed Partners, Silver Creek Ventures, Northleaf Ventures and Wilson Sonsini. Comerica Bank also provided important financial support. Founded in 2003, Pivot3 pioneered the development of purpose-built virtualized storage appliances for the surveillance market. Since that time, the company has continued to strengthen its surveillance product line, most recently with the addition of the Pivot3 vSTAC ® Edge appliance for distributed environments. The company partners with Dell OEM Solutions for manufacturing, global service and support to bring its product to market. Pivot3 also leverages its own core technology platform to develop converged storage and compute hardware appliances that deliver simplicity, scalability and savings to virtual desktop environments. Today, Pivot3 accounts for more than 600 customers in industries ranging from corrections and education to government, healthcare and retail. “This financing is a testament to the innovation and great momentum we have established for our storage platforms in both surveillance and VDI,” said Bill Galloway, Chief Executive Officer, Pivot3. “This latest round of financial backing puts Pivot3 in […]
Source vmblog.com