Brivo Bought Out by Drako for $50 Million

Author: John Honovich, Published on Jun 11, 2015

One man is betting $50 million on hosted access control.

Dean Drako, who has been investing millions into building a cloud video startup, Eagle Eye, is now doubling down his commitment to the physical security industry.

In this note, we share details from an interview with Drako and Brivo's CEO about how Drako bought Brivo and what this means for the future of both Brivo and Eagle Eye.

*** *** ** ******* $** ******* ** ****** ****** *******.

**** *****, *** *** **** ********* ******** **** ******** ****** ***** *******, ***** ***, ** *** ******** **** *** ********** ** *** ******** security ********.

** **** ****, ** ***** ******* **** ** ********* **** Drako *** *****'* *** ***** *** ***** ****** ***** *** **** **** means *** *** ****** ** **** ***** *** ***** ***.

[***************]

Key ********* *******

**** ***** ** ****** $** ******* *** ***% ********* ** Brivo from *** ******** *****, $* ******* ********** **** *** ********** *****. ***** **** ** *** ** ******* *** ***** ******* 2 ***** *******. ** *** ********* / *********** ***** *** ** *** **** *** **** ****.

***** *****'* ******* *** *** *********, ** ******** **** ******* to ** ** *** $** ** $** ******* *****, ***** on *** ****** ** ***** / ******** **** ******* *** their ******* *********.

***** ******* ********* ******* ******** ** ***** / *****:

  • **** ** **% *** **** * *****, ******** ***** *** tripled ******* ***** **** / ****
  • ***,*** ***** / ******** ********
  • '************ ******' *******
  • ********** ** ****
  • *.*-*% ****** *****, ***** ***** ********* ** *** ****** ** has **** **** ** *** ************ ********

***** ******* ***** *********** ******* *******:

  • ~*** ********* ** *****
  • ~*** ******* ** *****
  • ******* ** * ***** *** **** ***** *****
  • ******* ** * ***** *** ******* ***** *****

**** ** *****'* ***** *********** ** *** ******:

Comparable *****

****** ******* ************ *** ********** ********.********'* **** *********** ** ******** *** $** ********* *** *******. ***** ***** ** ***** ** ***** ***** and *************, ***** *** * *** ****** **** *** ***** than ******** *** *** ********. ** *** ***** ****, ******** has **** ******** **** ***** ******* ***** *** ********* *******, which *** ********** ******* **** ****** **** **** ***** *** do.

Brivo *** ***** ***

*** ******** ***** ** *** **** ** **** ***** *** Eagle *** *** ******** ****** **** *** *******, ****** ***** **** ** **** integration ** *** *** ********.

***** **** *** ****** ** ** *** ******* *** *** is **** * ****** ***** ****** **** **** / ******** *********, which ***** ****** ***** ********** ******.

***** **** ***** ********** *** *** ******** ******* ****** *******'* dealer ******* *** ***** ***** *********, *** ***** ***** ** it **** ****** *** ***** *** ** ** *********** ** their***** ***** *** *************. **** *** **** ***** *** ******* **** *****-**** ***** is *** ** ** **********, ***** *** ******** ********** ** access ************ ******** ** ***** ************.

Brivo's ******* ****** ***********

****** ****** *** ******** * ******** *****, ******* *****'*  ******* for *** **** ** *****. ******, ***** *** **** *** ****** access ******* **** ********* ******, **** *** *********** ****** ******* systems *** ****** **** (*** ****'* ****** *** ******* ****** ******* **********).

* *** ********* ** **** ********** ****** ******* ** ** incredibly **** ** ****** (*** ******** ** ********** ****** ******* ******* **** **%+ ** ******* ******* **** **** **+ *****). **** makes ** **** *** *** *** ******* (*** ** ** years *** ***** ** *****, ********** ********, * *** *******).

*********** **** ** *****'* *********** ****** *** **** ********* ************, ****** ** ****** *** ***** ** **** **** ******** systems *** **** ****** ** *** *** ******.

****** ** *****'* ************ ******** ****, ***** ** *** ***** of*********, *********** *********** ** ***** ***********, ********* *** **** *** $*,***+ ********** *** * $*,***+ server *** * ***** **** $*,***+ ****** ** ********.

***** ***** *** ********* ******** *** ***** **********, *****'* **** market ***** ***** **** *** ********** ********** ***** **** *** company ****, ********** ** *****.

Comments (9)

* ***** ** ******* ** *** **** *** ******* **Brivo ****. This is their unit that does "cool" stuff like ****** ***** ***********,*****'*********** ******, *** ******* ****** ***** ***********.

**** *** ****** ****** ** ** **** ** ** ********* recruitment *** ** ******, ** **** ***** ** ********** ***** to **** *** **-********* **-**** ******* *** ****'* **** ** Silicon ******, **** * ******* ********** ** ******* *******. *** any ***** **** ******** **** ****** **********?

* ***** ***** **** * **** ****/********** ***** ***** ** a *** ** * ***** *** *** * ***** *******, and * ***** *** ** ******** ** ***** *** ***** it **** ** ****** ** ****.

[*** ****: ****** ** *** ** *****]

** ****,

**** ** *** ****** ** **** ********...***** **** **** ******** to ***** **** * ******* ********** ***********. ************** ** **** of *** *********** ********* ** ***** **** *** ******* ***** incorporated **** ***** ***.

**** *,

*** *** ********* ** ***** ***** *** ******** **** **** incorporated **** *****? ** **************? ** ********* ******* ** ******** ******* **?

"****** ******* ************ *** ********** ********."

*** ** ****? ** ***** **** * ******* ***-** ** a ************'* *********. ** ***** **** *** ****** ****** ** make ** **********? *** *** ** *** ********* **** *** acquisition ****** ******* ******* **? * ***'* ** ****** **** access ** ** ****-******** ** ****.

*** ***** ****** ** **** ***** *** ****** **** ****** control *************. ***** ***** *** *** ********* ******** ********* / VMS ********. ******** **** ** ***** *** ******* ****** ******* controllers / ********. *** **** ** *** ******.

********* **** ** ******* ** *** **** **** ***** ** a *** **** ***** / (********) ******* **** (**********) ****** / ***** (*.*.,***** ****** ** ******? ****** ******* ** ***** ************?).

* **** *** ** ** ****'* ******** ** ****** **** a ************ ****** ** ****** ******* ************** *** ******* ****, private *********. * ***** **** ** *** ************, *** * ***'* **** **** **** ** ******* ****; just ********** **** *** ** *** *********** ** ****** *********' changes ** *********.

**** ***** *** ****, * ******* ****** ******* ************ *** under-reported. ****** ***** ** * ***** ********* ******* ** ****** the ***** ** *** ******, ***** ***** ***** ** ***, few ***** *** **** **** *** ********.

* **** ** ***: **** ***** ***** **** ***** ** a ******* ******? ******* ** ***** *********, * **** ***** heard ******* ***** ** ***** **** ** * "******* ******".

** ******* *** ********** **** ***** *** * ***** ******** to *** ******** *'* *** ****.

******* ****** ***** ** **** **** **** ***** *** **** dream ** ***** ** ** ***** ***** ******* **.

******* ****** ** ***, *** **** ******** ** **** **** actually ******** ** ******* - ****** ******* **** ***** ***** more ********** *** ******** ** *********. * ** *** **** enough ***** **** ***** **** **** *** *'* ** ******* to **** *** **** ** *************** **** **** ***** ****** control ********* ** **** ********.

*'* ** ******* ** **** *** **** ** *************** **** from ***** ****** ******* ********** ** **** ********

**** ***** * ** **.

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