AnyVision Raises $235 Million
AnyVision has raised one of the largest rounds ever in physical security, $235 million.
Inside this note, we examine the fund raising, risks with AnyVision's business model compared to e.g., Verkada, and the pressure this will put on competitors in the space.
For background, see IPVM's Interview with Anyvision's CEO that explains his strategic focus:
Reversal **** ********* ********
**** ****, **** ****, * **** case ***** **** **** **** **** AnyVision *** ******* **** *** ***. In **** *** ****, ********* ************ ramped ** ************* ***** *** ********* spending, **** ** ******** **** ****** sales. ****, *** ******* *** ****** with ******** **** ****** / ********* activities, ********** ***** ****** ***'* ********* *******, ******* *********** ************* *** *******. ****,********* *********** ******* ****** ******************** **********. *******, **** *****-** *********, demand *** ****** *********** **** *******, leading *********** **** *******.
New ******* *** *** *** - ********
*******, ** *** **** ****, * new *** *** ********** ****** ** mega-investment **** ******** *** *** * new ******* ********** **** ** ******** has ************* *** *******. *********'* *** CEO ****** ** ******** *** * years, **** ********* **:
*** ****** ******** ****** **** ** an ********* ******* ********** *** **** and ******** ********** ** **** ** helping *** **** ***** ** ******** potential ***********.
***, *** **** ** ** *** at *********, ** ********* ****** *** deal **** ** ****** ** *********.
**** *** $*** ********* ******* ****** $** ******* **** **** * year ******$**+ ******* * *** ***** ***.
Focus - *** *** ********
*** *********** ********************* * ******* ******** ** *** and ******** ***** ** **** *********'* CEO********* ** **** ******* **** ****:
***** ********** *** ***** **** ********* had *** ************ ******** - ** embedded '********* ******' ******** *** * platform *** **** ** *** ** top ** ****.
*** '********* ******' ********, **** ** an '***** ******', ***** *** ********* embed ****** **** ******* ***** ******* and ********** *** ******** *** ******. Golan **** **** ** ***** ******* very *** ******* **** ************ *** the ****** ******** **** ** **** device.
********, ***** ********* * ******** ******** available ** **** ************. *** **** is ** **** ** **** **** a ******* *** **** * **** layer *** ************, ** *********, ******* rules, ***. **** ***** **** ** easier *** ******* ********* ** ******* add ********* **** *** *********.
Softbank - ** ***
******** ** ****** *** ***** *** and **** * *** ********** ** a ******* ******* **** ********* ** therefore ******* ** **** **** *** investment ****'* **********. **** ** **** summed ** ** *********** ************ ********* ********* **** ****** posted** ********'* *******'* ******** *********** **** WeWork:
***:*** * ****** ** ********* **** stuff, **** *****’* ****** ***** **** my *****.
Neumann: Did I mention we are a ***** ** *************. * ********** ** ************** *********** intelligent *************.
***:**** **** ****’* **** ****—
Neumann: The world’s first ******** ****** *******. *********** *** ********* ******’* *****, ** **** ******** and ******* ******.
***:***’** *****! * **** **! *** could *** **, ***, *** ***** crazier?
*******:***’** ***** ** ****** $** ******* in ** *******, ***** * **** use ** ******** ** ***** *** whole ******* ** ****, *** **** when ** *** **** ******** ** the ***** *** **** *** ** another ******* ******* ** **** **** while * ***** ** ***.
***:*** ** **** * **** ******* of ******* ******* ** ***** ** you, *** * ***** ****** ******** this *** ***** ****.
********* **** ********** **** *** *********** lens ***** **** ** ********** *** daring ******** ** ********.
********* ***** ** * ********** ** it ***** ******* *** ** **** not **** **** **** **** *******.
Competitive **** *********
***** ***** ********* ** ******** ******** ***** ********* algorithms, **** ** **** *** ***** to ** ****** ** ***** ** magnitude ** *** ******* **** ********* has ********. **** ***** ********* ** going ** ** **** ** ****** far **** **** ** ***** ** development *** ** ******** *** * monster ***** *** ********* ****.
** ****, *********'* ******** ** ************* to *** ***** ** ** *** platform ** ****** *** ****** ******. However, **** **** *** **** ** is ***** ** ****.
Downside - **** ******** *****
*** ******* ***** ** **** *********, at ****, *** ** ******* ******** model ***, ** *****, * ******** model **** ** ****** ********** ** smaller *********** ** ********* ***** ** themselves.
********* ******* ***** ** **** ********* only ** * ******** *******, ***** is ***** ** **. **** ******** selling ****** ****** ******** ******* *** recorders ** **** ***** *******, ********* and ********* ******** (*.*., ******** *** Verkada). ***** ****** **** ******** ************* and *** *********** ********* *** **** of ********* ***** ** ******* ***** items, ***** ********* ******.
*** **** ** *** ***** *** platform ******** ** *** ****** *** historically *** *** *********** ******** **********. The '********* ******' ******** ** **** to *** '*********** ******' ******** * decade ***. ** *** *** ******* become *** ******** **** ** ******* used (**** *** '***** ******' ********) it *** ** * ******* ******** but ** *** ** **** ** do ** ********* **** ********* ***** so **** ****** *********** *** **** customers *** *** ** *********** (*.*., companies **** ****, ******, *** ********* may **** ** ******* ***** *** internally, ****** **** *** ********* ***********). That *****, ********* *** *** *** more ******* ** ******* **** **** in * *** ****** ****** **** ObjectVideo ** ******* **** **** ****** will ** *********.
Verkada **********
**** * ****** ********* *****, *******'* business ***** ** **** ****** *********** and **** ******* ***** ***** ** AnyVision's ******* (**** **** ** ********* new ******* ***** ***** **** **** that **** ****** **** *****). *******'* closed ***-**-*** ***** ** ******* ** sell **** *** *** * ****-*********** sales ******* (****** *****).
** ********, ***** **** *** / platform ******** **** ******* ** ** new, ** ** *** ***** *** well ** **** ****, *** ***** on *** ******** ********** *****, ** is * ****-**** ********.
Outlook - ********* **** ***** *****, **** **** ****?
*** *** ***** **** ** ***** is ****, **** ** **** *****, and *** ********* ******* ** ********, AnyVision ** ***** ** ** ****** major ***** **** ******** ******** **** the **** *** *****.
*******, ******* ** *** ** ***** remains ** ** ****.
Vote / ****
***. * ****** *** **** ***** a **** **********. **** *** ********* will ******** ******** ******** ******** **** is ******* ** ***** ******** ******** of ******* *** ***** ***.
* ***** **** ** **** ** other *********** *** ****** *** ******* with ********* ** *** ******* **** of ******** *******. ** *** *******, you **** ** ****-******* ** *** only **** * ******** **** ****, but ** **** *** * **** lead **** * ******** **** ** interested ** * **** ** * pilot.
*** ***** ** ********* ** **** the ******* ******** ***** *** **** selling **** ** ********* ** '*************' rather **** ** ***********/***-*****. *** *******, AnyVision ***** ************* *** **&* ** Axis ** ***** ** ******** ** embed *********'* ******** ** **** ** their ******** *** **** *********** *** end-users ***** *** ** ** **** of * ******* **** ******** *********.
** ********* ** *** ********* ** dominate ****** ******** ***** ** ***********/***-*****, in **** **** **** ********** ** the ********** ** ***** ****.
********* ***** ************* *** **&* ** Axis ** ***** ** ******** ** embed *********'* ******** ** **** ** their ********
****, *********, *** ** ***** ** *** first **** **** ******** *** ******. This ********** **** *** ***** ********* at * ******* ** $****, ***** seems **** ** ******** **** ****** for ** ********* *******. *** ** course ****'* *** **** ****** **** account *** ******** *** ******* ****** behind * ******* ** **********.
* ** *** *** ********* ** a **** ** * $** *********.
** ***** ** **** **** **** through **** ***** **** * *** of ****** ********, **'* **** *** big ** ** **********, ** ** going ** ****** ***** ****** *** sales *** *****, ***.
****, *********, *** ** ***** ** *** first **** **** ******** *** ******
***, ** *********, * ** *** saying **'* ********** ** **** ****** going ** ****, **** **** ** is * ********* ***** **** ***** to *** ******** ** **** *** licenses ** **** *** ***** ** to * ********, ***.
** *** ***** **** ** *******, for ******, *** **** ** *** approach ** *** **** **** ****** get **** *** ********* ** ***** their *********, **'* **** **** ****** get * ******** **** ******** ** their ***** ** *****.
*****'* * ****** ** ******* ********* that **** **** *** ******** ******** for *****, *.*.,****** ******** *************, *** ** **** ***** **'* never **** *** ***** ** **** a ********** *****-******* ******* ****** ****, much **** * *****-******* ****** ***.
***'* *****, **** **** ****** ** power ***** ****** **** * **** to $**. **** ******* ** **** it **.
******, *******, ******** *****'* **** *** greatest ***** ****** ***** *** ********** with ******* ********* *** ************. **** field ** **** ** ***** *** and *** **** **** **** ** their **** ** ******* ** *****. Other ********** ******* *** *** ***** already ***** **** ****** *** ****** anyways. * ** *** *** **** going **** ** *** **** ***. They *** ******** ***** ** ******* some **** ****** **** **** *** the **********. *** **** ** *** baggage.
********* ***** ************* *** **&* ** Axis ** ***** ** ******** ** embed *********'* ******** ** **** ** their ********
* *****. * *** ******** ********** is ****** ******** * **** ***** days.
**** ******* ** ******* ***** *** recruiting ****** *** ***** ************ ********!
****** **** ** *** **** *****. Face *** ** ****.
**** *** ** *** **** ****. Frictionless ****** ******* ***** **** *** is *** *** **** ***** ******* the ******* ***'* *'** *** **** recently. * ** ***** **** **** fail ********* ****** ***** ** **** dealings **** *********.
************ ****** ******* ***** **** *** is *** *** **** ***** ******* the ******* ***'* *'** *** **** recently.
***, *** *** *** ********************** **** **** * *****? ** have *** ****, **** ****** ** frictionless ******** **** *** **** *-* years ***** ******* ***** ********* *********. I **** *** ** *** ******** more **** ******* **** ** *** water.
** ** **********, *** ********* *** constantly ****** ** **** *** *** forward **** ** ***** ***** ************ ****** ******* *** *** ********* but **** ***** ** ****** ******** 125Khz ******* *** *** **** ** years. *** **** ****** **** ****** forward ****** ** ******* *** ***** are *) *** ******* ******* ***** EoL, *) **********, ** *) * major ******. **** *** **** #* these ***** *** **** ***** ********** that *** ************* **** ******** ** unofficially ******* *** *** ******* ***** everyone *** ***** ******** ***** ** has *******.
*** **** **** ****** ** ** Softbank ********* ** **? ******** **** money ***** ***.
********* / *** *****'* **************** *** ******** *** "******** ** *******" ***** still ********* ** **** **** *************, how **** ******* ***** ** *** clear ** **.
******** ** *** ***** ******* ** Sharktank ***** **, ** *** ****, depending ** ***** **** ** *** deal *** *** **. **** ** an ****** ****** ** ***** *** a ****** ******** ***** *** * product **** ** *** **** **** adopted *** **** **** ********** ********** as ******* ******* * ****** *****.