Biggest VSaaS Funding Yet: Dropcam's New Round Examined

Author: John Honovich, Published on Oct 09, 2011

While dozens of companies are launching VSaaS services, to date, all of these new companies have relatively small amounts of funding - typically less than a million dollars. Now, Dropcam has announced a new Series A funding round of nearly $6 Million, much higher than any other VSaaS startup. In this note, we examine Dropcam's potential, how it matches up against Axis AVHS partners and other potential rivals.

Dropcam Overview

******* *** * ****** *************** ******** - ****** ***** ** * ***** **** **** ********** **** *** *** ******* *****(****** **** *** **** ******* ** ** ** $**.** *** a ***** ** *********). *** *** *** ******** ****** **** them. *******'* ******** *** ******* ****** ******** ***** ****** **** ****.

Dropcam ****

** ******** **** ******* *** ******* *,*** *** *,*** ***** customers. ***** ******* ***** *** ******* ** **** *****, ** base **** ** *** *********:

** *** ********, ******* ****** **** **** *** ********* ** the ***** ******** ********** ***** ********** **** ******* *** ***,*** *********. *******, ***** *** ******* ***** *****, ** ***** **** is **********.

Dropcam ******

** ***** ******* * ****** ** ********* ***** **** **** are ***** ** ** ****. **** *** *** **** *********** responses:

  • "**'** ****** ** **** ******** **** ***** ************* **** ** ******* there is * **** **** *** * ******, ********, ******** *****-***** recording and ********* ******* ***** ** **** ** ******* *** ******* as **** **** **."
  • "*******'* ****** ** *** - ** **** ** ******* ********* with *** ****** **** **** *****. *** ***** ** *** *********** consumer, *** ** **** ** **** **** ** **** **** * seamless **********.  ****.  ******. ********.  **** ** *******'* ******, *** ****'* why ** ***** **** ** ********* *** *** ********** ********."

*** ******* *********** ********* ******* *** *** ** *** **** funding **** *** ** ***** ***********. ***** **** *** **-******* Axis ****, ******* *** ****** *** ******* * **** ************* overall ********.

Competitive ********

***** ******* ** ***** ******** ** *** ******** ******, ** will ********* *** ******** ** **** **** *******. ****'* *** we ***** **** ******* ****** *** * **** *********** *******:

  • *** ********* ********** ** *** * ****** ******* *** *** general ***** ** ******** ******, ** ********* **** ******** ****** viewing *******. *** **** ******* ** **** *** ******, * ******* ** ****** **** ****. **'* **** $*.** *** **** **** *** * ******** Dropcam *********** **** ***** **** * ******* ** *******. **'* quite ******* ** **** ******** **** ******* ** *** *** *****. ******* **** **** ********** ********* ******* **** ** ** is ************* **** ********* ***** ******* * ******* ****.
  • * ****** ** ***** ********* *** *** ******** ** ******* with ***** ********* ** ********** *********** ****** ***** ***** ***** existing *****/******* **************. ** ****** **** ****** ******** **** ******* can **-***** **** ***** ********* ********* ** ***** ********* **** have ** **** ****** *****.
  • ** ****** **** ******* **** ** **** ********** ** ********* that **** ******** *** *** *** ********** **** ** *** software **** *** *** ****** **** ********* ** ****** ******** from ***** **** ******** *********. **** ********, ** ******,**** ***** *** ********.

*******

***** ***, *******'* ******** *** *** ****** *************** ** ***** options (****, ***** *********, ***.). *** **** * *********** **** infusion, ** **** ** *********** ** *** **** ************ ** can ****. ******* ****** ***** ** ** ********* ** ******* (see***, ********, ******) *** ** **** ******* * ***** ***** **** ********* for ******** ** * *** *******. ** ** ***** ******** Dropcam ******* **** *** **** * ***** ** *** *** significantly ** *** ******.

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