BRS Labs Layoffs and Skepticism Mount

Author: John Honovich, Published on Dec 04, 2009

Revelations of problems and concerns with video analytics up-start BRS Labs is mounting. An investigative report by the Houston Chronicle on BRS Labs reveals:

  • In October, "BRS laid off 10 employees who worked on product development to cut costs" (despite $47 Million in investment)
  • The company has "has earned less than $500,000 in revenue" and the "company's largest sale so far totaled $78,000" (again, despite $47 Million in investment)
  • Two of BRS Labs CEO's previous start-ups went out of business with one violating SEC procedures and the other "accused of being unfairly favored for the contract by the city's then technology director"


Be Careful About BRS Labs

Integrators and end users should be careful about accepting the extreme claims of BRS Labs. As the Houston Chronicle report shows, layoffs, poor revenue (even for the video analytics market) and a questionable track record signal significant risk.

4 reports cite this report:

BRS Labs Is Gone; Giant Gray Is Here; Giant Gray is Gone; Omni Ai is Here on Mar 28, 2016
BRS Labs is no more.  After raising over $100M and years of outrageous claims, the company is effectively starting over. In the report, we examine...
Months After Raising $18 Million, BRS Labs Has a New, New CEO on Oct 01, 2015
They have raised more money than any video analytics company ever, with well over $100 million total, including their most recent $18 million...
The State of the VMS Market 2010 on Sep 12, 2010
Video Management Software is undergoing a violent transformation. Evolving from its niche beginnings, VMS has matured into a core component of...
Does Video Analytics Reduce Security Spending by 67% on Apr 05, 2010
An analyst report on video analytics implies that the use of video analytics can reduce total security spending by 67%. It's a classic case of...

Most Recent Industry Reports

Imperial Capital Security Investor Conference 2018 Review - ADT, Resideo, Alarm.com, Arlo, Eagle Eye, ACRE, More on Dec 14, 2018
Imperial Capital Security Investor Conference is an event matching industry executives with financiers that frequently leads to future funding...
Cisco Meraki New Cameras and AI Analytics on Dec 14, 2018
Meraki has released their second generation of video surveillance with 3 new cameras, AI-based video analytics, and 2 cloud-based storage...
Foolish Strategy: OEMing Facial Recognition on Dec 13, 2018
Almost as 'hot' as face recognition marketing right now is OEMing facial recognition. Last year, they were a who's who of company's with...
DVR Examiner - Video Recovery from Recorder Hard Drives on Dec 13, 2018
Bypassing passwords and long download times on-site, DVR Examiner collects and organizes video evidence directly from a hard drive extracted from...
2019 Access Control Book Released on Dec 12, 2018
This is the best, most comprehensive access control book in the world, based on our unprecedented research and testing has been significantly...
Huawei Hisilicon Quietly Powering Tens of Millions of Western IoT Devices on Dec 12, 2018
Huawei Hisilicon chips are powering, at least, tens of millions of Western IoT devices, such as IP cameras and surveillance recorders, a fact that...
FLIR Launches Body Cameras Unified With VMS (TruWitness) on Dec 11, 2018
While FLIR is best known for their thermal cameras, now they have expanded into body cameras, launching TruWITNESS, a public safety focused body...
Startup Sunflower Labs' Autonomous Drone Security System on Dec 11, 2018
Startup Sunflower Labs is claiming a unique design on a home security system, combining autonomous drones and 'Sunflower' sensors. Imagine an...
The 2019 Video Surveillance Industry Guide on Dec 10, 2018
The 300 page, 2019 Video Surveillance Industry Guide, covers the key events and the future of the video surveillance market, is now available,...
Multi-Factor Access Control Authentication Guide on Dec 10, 2018
Can a stranger use your credentials? One of the oldest problems facing access control is making credentials as easy to use as keys, but restricting...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact