Acuity Funding and Financial Results Examined

Published Jul 08, 2010 00:00 AM
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Two June 2010 SEC filings disclose funding and financial results for Acuity, a VMS company providing integrated video analytics and biometrics.

  • A June 10, 2010 SEC form discloses a $4.7 Million USD round of funding. 32 investors participated in the round for an average of approximately $150,000 each.
  • A June 14, 2010 SEC form discloses a $911,000 USD round of funding. 6 investors participated in this round.

Both forms disclose revenue of less than $1,000,000 USD. Date of incorporation is 2008.

On Acuity's website, it list a broad variety of video analytics, facial recognition and iris recognition.

In March 2009, we provided a brief introduction of Acuity's positioning.

[Update 2012: The company has pivoted out of surveillance and into identity management.]