Investment

OnSSI Secures Growth Capital Investment

OnSSI announces the completion of a $16-million private placement by Seacoast Capital, an institutional investor focused on high quality companies based in the USA, with Imperial Capital acting as financial advisor and placement agent. Seacoast’s first investment in the company will be used to leverage OnSSI’s innovative technologies and reputation in large scale VMS to extend their reach into the middle market with an easy to install appliance and to expand the Business Video Intelligence (BVI) business of its affiliate, SeeTec GbmH.

Vidsys Raises $11 Million In Equity Financing To Expand Global Operations

Vidsys, a global provider of enterprise Converged Security and Information Management (CSIM) software, announced today that it has received an investment of $11 million led by existing investors NewSpring Capital, Atlanta Equity, Flybridge Capital Partners, and JVax Investment Group, along with new investor, Harmony Partners. Vidsys will use the financing to support its growing international business with customer support operations and product development initiatives. The investment will also be used for the expansion of the company’s Internet of Things (IoT) and virtualized services platform applications for smart and future cities, intelligent transportation, and advanced business intelligence solutions.

Billionaire Peter Thiel Co-Leads $100 Million Investment Vivint

Billionaire tech investor Peter Thiel is co-leading a $100 million investment in Provo, Utah-based smart home company Vivint , the company announced Wednesday. This is a personal investment from Thiel, who is best known for cofounding PayPal and his early investments in Facebook and Airbnb. Solamere Capital, a Boston-based private firm that counts former US presidential candidate Mitt Romney as a partner, was the other co-lead.

Pivot3 Announces Additional $45 Million in Corporate Financing

Pivot3, a pioneer and innovator in the development of hyper-converged infrastructure (HCI) solutions, has announced a $45 million equity and bank financing closing today. Argonaut Private Equity, a new investor in Pivot3, joins S3 Ventures, InterWest Partners, Mesirow Financial Private Equity and the Wilson Sonsini Goodrich & Rosati investment fund in providing additional equity in this closing.

Seeking Alpha: Anixter International Can’t Find a Suitor

Seeking Alpha is a platform for investment research, with broad coverage of stocks, asset classes, ETFs and investment strategy. They recently posted a summary on Anixter International. The company with its largest shareholder, Sam Zell, attempted to find a suitor earlier this year but was unable to find any takers.

LiveOak Leads $3.5M Investment Round in Razberi Technologies

Razberi Technologies — a leading developer of network video solutions for professional video surveillance and security applications — has raised $3.5 million in capital led by Texas-based LiveOak Venture Partners and has appointed security industry veteran Ken Boyda as non-executive Chairman of the Razberi Technologies Board of Directors. The $3.5 million in Series A funding […]

Fear Factor And IP-Based Megapixel Video

The market’s long-established dependence upon analogue systems has added to a view that switching is just too difficult says Paul Taggar, pictured, Country Manager, UK and Ireland, at Arecont Vision. Misconceptions can be one of the biggest ‘fear factors’ to systems integrators and users when it comes to the application of IP-based video systems and […]

Head Of Facebook Canada Invests In Montreal Startup Tracktik

Montreal-based startup TrackTik, an integrated guard management solution provider, has raised $1 million in seed funding from Klass Capital. Also participating in the round was Jordan Banks, managing director of Facebook Canada; Craig Campbell, former CEO of Total Security Management (sold to Garda in 2013); and Adrian Schauer, serial entrepreneur, and former CEO of Vortex […]