Eagle Eye Networks Raises $40 Million

By John Honovich, Published Oct 27, 2020, 10:27am EDT

Eagle Eye has raised $40 million aiming to "reinvent video surveillance."

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We spoke with Eagle Eye to better understand how they were going to do this, including a new emphasis on AI.

Growth *********

***** ***, ******* ** 2012, *** *** **** 200 *********, *** *** company, *** *** ********, has ***** ********* ~**% in *** **** * years:

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***, * ***** ***, even ****** *** *********** was *********, ***** *** was ******* *********** ** hire ** **** ******:

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No ******* ** *******, *********, ***.

***** *** ******** ** details ** **** ******* for *******, *********, ***. beyond * ***** ***** of "**** ** ********* of ********* ** **** than ** *********".

** ***** ******** ***** annual ******* ** *** $25 ** $** ******* range ******* ******* **** over ****, **** * valuation ** $*** ******* or *******, ***** *** a **** ******** *** enhanced ** ***** ****** remote ********** / ********** more *********.

AI *****

***** *** ********** ** with **** *******, **** key ***** ******* ******:

***** *** ******** ****** $40 ******* ** ********* Video ************ ** ********* Cloud *** **

***** ** * ********** opportunity ** ******** ** and ***** *** **** nature ** ***** ************

** ************ **** ***** the ********’* **** **************

***** *** ******** ** how **** *** ** implement **** ** * response ** ****:

** *** ***** ** have * *** ** native ***** *** ** capabilities ** **** ** an ********* ******* *********. At **** **** ** really ** *** **** what ********** ** *** solutions **** ** ****** vs ******* *******. ***** of ** **** *** app ***** *** **** phone. **** ** *** apps **** **** *** phone ******** *** **** are ********* ** ***** parties.

** / ***** ********* are ********* ******** * core **** ** ***** surveillance ******* **, ** that ***, ***** *** should *** **** ********** and/or *** ********. *********, Eagle *** *** **** basic ***** ********* *** not **** ***** ********* be ********** "**".

"#1 ** ***** ***** ************ *********" ******

***** *** ********* ** call ****** "#* ** cloud ***** ************ *********" with *** ******* ********** itself ** **** **** this ** **** ***** own ****-*** ******:

** ****, ***** *** Networks ************ ***** **** Research ** ******* ***** research ** ********** *** competitive ********* *** ***** video ************ *********. *** company ******** * ****** survey ** ********** *******, systems ***********, ***., *** are ******** **** *******, servicing, ***/** ********** ***** video ************, ****/***** ************ equipment ***/** ***/***/******* ******* in *** ********** ******. Based ** ****** *******, Eagle *** ******** *** clearly *** **** ****-***** and ********* ******** ** cloud ***** ************ *********. The ****** *** ******* in ********* ** ****.

** ****'***** ******** ***** ********, ***** *** *** #1, ****** **** ********* the ******** ** *********** who *** ** ********.

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** ***** *** *** a **** ** **** itself "#*" *** *** market ** ***** *** too ***** ** **** a ********** #*. ** the ***** ****, ***** Eye's $** ******* ******* and ****** * *** of ****** **** ********* help.

PPP ******* *****

**** ********** ***** ****** ****** $*.* ******* in *** ***** ******* this ****. *** **** this *******, ***** *** responded:

** **** *** **** any ********* ** *** PPP *******. *** *********** application ******* ***** ** be ******* **** ********** at **** **** *** seems ** ** ** a *** ** **** given *** ****** ** regularly ******* **** *** bank. **** **** ******* the **** *** ********* off *** ********** ***** things ***** *** *******. We **** ********* ******** with *** *** ***** and *********** ** *** PPP *** **** ******** to ** **. ** you **** ** *** not ******* *** ***** crisis *** *** ****** still **** ******* ***** their ********** *** ****** in *******.

**** $** ******* ** funding, ***** *** *** a **** **** ****** to **** ** ******* the ***** ******, ** say *** *****.

Competitive ***********

***** *** *** ***** competitive *********** *** ********* with *****.

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

  • *** ******* *** ***** (starting ** ****) ** has * **** **** start ** **** ** the ******.
  • **** **** **** ************* with **** *********** ********* large **** **** *** so **** **** * sizeable ******** ******* ********.
  • **** **** ******** ************* well *** **** ***** without *** ***** ****** (think ******* ** *******).

*** **** ******** ** have ***** ****** *** ******* ****** is ***** *** ***** *** their ******* ********** *********** is ******.

** ********** ** *******, e.g., ***** *** *** much ****** ******* ************* and ** ******, *******, Eagle *** ** *** as ****** ** **********, e.g.,*******'* ******* ** ************** * ***** ****** of **** ***** ** impressive ** ***** *** could **** *****.

****** ****, * *********** field ** *********** ****** as ** ******* ***** ****** *** *** VSaaS ****** **** - Avigilon, *******, ***** ***, OpenEye, *******, ****, *******.

***** *** ***** '***' but ** *** **** been ** *** **** 2 ***** **** *********** have ******* **** ** VSaaS ** *** **** few ***** **** ** key ** *** ***** companies *** ******* ********* themselves ** *** *******.

Vote / ****

Comments (3)

*** ************** ** ***** Eye (*** ****** ** worse) ** **** **** use ***** *** ******* cloud. **** (** *** all) ***** ***** *** vendors *** *** ** AWS/Azure/Google ***** ***************.

***** *** (*** ****** or *****) ** **** they *** ***** *** private *****

*** ** ** ****** or *****? * ** not ****** ** ** not, ** **** ** not ***** ** ** the ******. **** **** mean ***** *** *** offer ***** ***** ** better ******** ** *********** or?

*** ******: *** *******, they ***** ***** ****** performance ** ********** *** servers *** ******* *** video. *'** *** * couple ** ******* ******* tout ***** ********* ** video-optimized. ******* **** *** real ** ****** ********* hype, * ***'* *** because * ****'* **** into ** *******.

*** *****: * ****** of *** ***** ********** customers **** **** ****-***** security ****** ** *** major ***** ******* *** only ***** ********* ** one ** ***** ******** clouds. ***** *** ***** be * ***-******* **** their ******* *****.

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