Last year, we raised concerns that Pivot3 was pivoting away from the surveillance business. Now, Pivot3 has raised a major fundraising round of $23 million lead by Samsung. In this note, we examine how this impacts Pivot3's positioning and why Pivot3 says this show renewed committment and improved focus on the surveillance market.

Let's start with a review of key points:

Other Updates on Pivot3

Pivot3 CEO Gone on May 01, 2013
When Pivot3 previewed their company plans for 2013, it did not include major changes in leadershi...

Pivot3 Financials and Market Fit Examined on Feb 12, 2013
Last year, Pivot3 raised an additional $23 million to fund expansion. Now, the company is confirm...

Pivot3 Pivots Away from Video Surveillance on Aug 23, 2011
Multiple IPVM sources indicate that Pivot3 is pivoting away from video surveillance to focus its ...

Examining Pivot3's Scale Out Hosting Platform on Oct 11, 2010
Pivot3 has announced a scale out hosting platform aimed at supplying the growing number of VSaaS ...

MiniBank Product Line Examined on Jun 07, 2010
This updates examines the features, pricing and competitive positioning of Pivot3's MiniBank anno...

$25 Million Series D Round Examined on Mar 02, 2010
In March 2010, Pivot3 announced a $25 Million Series D Round (confirmed by Pivot3's press release...

Pivot3 2009 Revenue Growth Examined on Feb 23, 2010
Pivot3 has self-announced their 2009 revenue growth - a very high growth rate of 300% compared to...

Cash for Clunker DVRs on Nov 11, 2009
Pivot3 has launched a special promotion for Q4 2009, offering a "cash for clunker" DVR program. ...

New Product - ServerBank Review on Sep 03, 2009
Pivot3 has released a new product offering, called ServerBank that complements their existing 3 p...


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