The way theyre going, its only a matter of time before theyre bought by Avigilon...
3VR Stays Alive With $8 Million Financing
Published Jan 23, 2015 05:00 AM
Now 13 years old, 3VR is the last of a generation of the hyped video analytic startups to find an exit.
And with a new $8 million financing, 3VR has gained a little more runway.
In this note, we examine the financing, 3VR's growth, internal and market challenges.
Itamar KerbelJan 23, 2015
I agree with the conclusion.
I'm guessing someone would find the 3VR useful enough to buy - but for how much?
John HonovichJan 23, 2015
Somewhere around 1x revenue, depending on who they find to buy it.
It wouldn't be a bad pickup for a conglomerate who wants to drop in a recorder line for retail / banking. And if they could get it for $15 - $25 million, then cut redundant operating costs, put into their sales channel, it might be a profitable move.
Now John, what would you really know about 3VR ;)