Tuesday, June 14, 2005

BroadWare Raises Funding for Video Surveillance

BroadWare Technologies, a start-up based in Cupertino, California, secured a new round of funding for its video surveillance. BroadWare's solutions are built on an open systems platform that facilitates the integration of multiple technologies from diverse vendors within a single system. A migration from analog to digital video surveillance solutions is enabling images to be managed, analyzed, and distributed over the IT infrastructure in important new ways. The BroadWare Media Platform is a suite of server-based technologies for management, distribution and storage of video surveillance data in a network environment. This combination of commercial-off-the-shelf (COTS) components allows integrators to take a "building block" approach and rapidly deploy scalable, feature-rich network surveillance systems comprising up to thousands of cameras and viewers. BroadWare's open architecture platform allows its partners and customers to combine their choice of technologies such as cameras, encoders and video analytics.

The funding round was led by Kinetic Ventures and included new funding from corporate investor Cisco Systems, Inc., as well as follow-on investments from venture capital firms Dali Hook Partners, McKenna Ventures and Sigma Partners.

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