VideoIQ Receives $3,500,000 Series C Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a06476f6-db72-4aa1-aa59-e495803e8453&Preview=1 -
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
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Venture Investor
Atlas Venture -
Venture Investor
Matrix Partners -
Venture Investor
Tenaya Capital
