Evolon (formerly Jemez) Raises $16 Million
Evolon, formerly Jemez Technology, recently raised $16 million, giving the veteran video analytics provider an opportunity for expansion. But how much can they grow versus a crowded field of analytic competitors?
In this report, we share feedback from Evolon's CEO Kevin Stadler and VP of Sales and Marketing Dave Dalleske, highlight Evolon's strategy, and look at the future of the company.
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*** ******-**** *** ******* *** ********** Jemez ********** ***** ***** *** *********** ************* *** ******, *** ******. *** company *** ******* ***** ************* ********. ***** *** ********** * "*** Alamos ********** ******** ******" *** *** company's **** ******** **** *** **** for ********** ********** *** ***** ****-******** facilities, ********** *** ********* ************.
New *** *** **** ******
** ****, *** ******* ******* *** name ** ****** *** ***** ** outsider ***,***** *******, *** *** **** *** *** an ********* ** ******* ********** *********.
Founders *******
****, ** ****, *** ******** *******, though ****** **** **** *** ***** available *** ********** **** *** *******.
Historic ***** ******
************, ***** *** * ***** ****-*** video ********* ********, **** ***** ** the ******** *** *** *********** **** Axis **************. *** *******,**** ********** ********** *********** ******* ** *** year ** ****, ************ *** ****** ********** ******** ***** **** **** ******* in **** ** ****. **** *****, the ******* ******** * ***** ******.
New *******
** *********, ****** ********* ******* **** with*** ********* ********"*** ************** ** ****** **** * fast-growth ******* ******* *** **** **** impressive".
***** *** ******* ******** ** ******** revenue ** ****** *******, ** ******** the ******* **** ***** $** ******* in ****** *******.
*** **** ******** ******* ****, * ******* ***** ******* ****** firm **** *********** "********* ** *****-****** market ********* **** ******* * ****** potential *** ******."
Technical *********
*** ******* ********** * **** ********* strengths: (*) ****** ******** *** ******** infrastructure ************, (*) ***** ***** *** foot ************ **** *********** (****** **** would ******* ************ **** **** ** is *** (*) ** ******* ** run **** *********** ** ***** ******* hardware (*.*., ** / ** *****).
** **** *** ****** ** ** we ****** ****** **. **** *** say **** **** *** ** ********** testing **** ********* ***** ****** *** are ***, ** **** ****, **** say **** *** *** ******* ** disclose **.
Product *********
***** *********** ****-*** ***** ******** ******** is ******* ** ******* (************* ****) *** ** ******* (****** **********).
************, **** *********** ************-***** ******** **** ** **** *** the ************** ** *******. ****** ******** integrates **** **** ***** ********** *******. Evolon ****** *** *** ************ **** other *********. ****'*********** ******* ** *********** ********** *** Verify ** *** **** ***.
*********
*** ******* ******** *** ******* ** expand **** *&* *** **-**-******. *** example, ****** ******** ********* ********** ** ***** ** ** ***** and *********, ******** *** ********** **** an ********* ** *********, ********, *** Pelco.
*******
*** *********** *** ****** ** **** they **** * ****-******* ******, ********** that ** ******** ********** *** ******* to ******. *** ********* **** ** how ** ***** *** ******* *** dozens ** ***** ******** ***********, **** of ***** **** **** **** ******* to ******.
****** *** ******** *** ********** ********** in ****-*** ********** **** ** ******* more ********** ********. ***** ** ***** not ****** **** ** ** '**********' (competing **** *** ***** ** ******* or ***** *** *** *** ******** analytics **** ***) *** **** **** can ****** ** *** ********** ****** remains ** ** **** ** *** well **** *******.
** *******,
* **** ** ******. ***** *** for *** ********!
* ** **** ** ******* **** our ******* *** ********* ************* ** the **** ** ****** *** ** now **** ***** ** *** ***** that ** **** **********. *** *** reach ** ********@**********.***** *** ***** **** ** *******.
****** *** **** * ***** ******** in *** ******** *** ***** *** - ***** *** ***** ************ ****. Their ********* ******** *** **** ********** and *** ****** ** ******* **** they **** *** **** ** ********** in *** ********** ******* ** ********* by *** ******** ******** **'** ****** with ** *** ****.
****** ** **** * ***** ******* for ******* ***** ** ***** ******** - ** *** *** ******* *** to ***** * **** ** ******** to ** ********* **** ******.
******* ** *** **** **** *** build **** **** *** ***** ** funding!
****** ** ** *********** **** **** in *** ********* ***** ********** ***. This ******* *** ***** ******** ****** so **** ** *** **** *********** and *********** ******** ********* *** *** customers *** ****** ***** *****.
***** **'* **** ********* / ********, but **'* **** ******* **** **** called ** * "****** *", ***** implies **** **** *** ** ***** stage ******* *** ****** **** ******* capitalists ******* ** ******* *******-***** ******. A ******* ****** * **** **** take **-**% *** * ***** ****. Series * ********* ***'* ******* ****** in ** **** *** ********* *** had * ********** ******* * **** ago.
*******, **** ****** **** * ***-****** PE **** (********* ******* ********, *** – ********* Capital ********, ***) *** ******* **** * **** bigger ***** ** *** *** (*** sometimes **** ******* ** *** *******) and ****** **** **** **** ****** IRR / ****** ******* ****** ******** the ******* ** *-* *****.
**;** - **** ****** **** ***** from * ** ****, *** ******* to **** ** * "****** *" because **** ** *** ******* ** would ***** ****.
#*, **** ********. ***'** ****** ** did *** ******** ** ** "****** A" ***** * ******-*** ******* ******* a "****** *" ********* ******* ** as *****.
* ***** **** ***** ***** *************** "****** *" ** ********* ********** *** "**** ********* ***** ** * *******'* first ************************* ******* *********" ***** **** **.
**** *****, ** *** ***** ***, the ***** ****** ******* ** * Series * ** **** **'* ** early-stage ******* ***** **** ********* ** not.
** **** ****** (*****) ** ** a ******* ********** ******* **** ***** customer *******. ****** ****** ******* ** the ******** *** *******.
******* ******* ** ******'* ****** ***** technology ************.
*************** ** **** *******.
* **** **** **** ******* ** action ******* ***** *** *** *** really **** **** ****, ******** ****** expensive. ** *** * ******* ***** to ******** **** *** **** ******'* justify *** **** ** *** ******** even ****** *** ******* ****** ** promised **** ****** ** ***** ****.