3VR Significant Layoffs

Author: Carlton Purvis, Published on Jun 28, 2013

3VR has laid off 15 employees, five of which are from its sales team, IPVM has learned. This leaves the company with a skeleton crew of three sales reps to cover the entire United States, according to a source with knowledge of the layoffs. 

On Thursday a current employee confirmed that there had been some staff changes, saying the person with the most information on the topic would be Jim Underwood, 3VR's Vice President of Worldwide Sales.

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Comments (6)

After $59M in funding, that's unfortunate. What is your analysis on their products and pricing? Why do you believe they may not be successful in the market?

-Chris

Never bet on analytics or face recognition.

I am exaggerating about 'never' but overwhelmingly companies who bet on those two technologies have struggled or failed. In particular 'search' is a hard sell in surveillance, especially if it means significantly increased cost. To the extent that people pay premiums for analytics, it is for perimeter protection / outdoor motion detection (e.g., VideoIQ, Sightlogix / Agent VI).

By contrast, companies who pursued straight VMSes, like Exacq and Genetec, were able to execute with a lot less funding and easier market acceptance.

John,

I appreciate the insight, thanks.

If you or your staff are going to continue edit my comments even when following your rules, then please remove my comments. I have twice attempted to post a comment that provides laid off employees insight into possible opportunities in the area wihtout turning this thread into a job board and completely avoiding product advertisements, but you continue to delete or edit my comments.

Thank you,

Chris

No, you are advertising opportunities at your own company, which we do not allow. If you have general advice for laid off employees or a general resource, fine, but no advertisements for one's own company. That's promotion and it's not allowed.

"My company, Third Iis, is growing and always looking for new talent." "My" discloses my association to the company and recommends a local option to the employees in the SF Bay Area without advertising specific postions.

Editting someone's commets and still representing it as their own comments is not acceptable. I will save you the trouble of deleting my account for disagreeing with you.

Fair winds and following seas,

Chris

He will continue to troll your site at this point. Probably under his admins account lol!

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