BRS Labs Layoffs and Skepticism Mount

By: 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

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
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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...
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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...

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