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BRS Labs Layoffs and Skepticism Mount

Author: John Honovich, Published on Dec 04, 2009

Revelations of problems and concerns with video analytics up-start BRS Labs is mounting. An investigative report by the Houston Chronicle on BRS Labs reveals:

  • In October, "BRS laid off 10 employees who worked on product development to cut costs" (despite $47 Million in investment)
  • The company has "has earned less than $500,000 in revenue" and the "company's largest sale so far totaled $78,000" (again, despite $47 Million in investment)
  • Two of BRS Labs CEO's previous start-ups went out of business with one violating SEC procedures and the other "accused of being unfairly favored for the contract by the city's then technology director"


Be Careful About BRS Labs

Integrators and end users should be careful about accepting the extreme claims of BRS Labs. As the Houston Chronicle report shows, layoffs, poor revenue (even for the video analytics market) and a questionable track record signal significant risk.
3 reports cite this report:

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Other Reports on BRS Labs

Months After Raising $18 Million, BRS Labs Has a New, New CEO on Oct 01, 2015
They have raised more money than any video analytics company ever, with well over $100 million to...

BRS Labs Raises $18 Million on May 14, 2015
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BRS Labs Gets New CEO on Feb 03, 2015
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Earlier this month, we read a BRS Labs document detailing the company’s historical performance an...

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Last year we obtained an email BRS Labs sent to investors asking for one last drive. The company ...

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