Examining Firetide's 5th Round of Funding

Author: John Honovich, Published on Oct 07, 2009

With a fifth round of $8.5 Million USD, Firetide's total funding is over $50 M USD - an amazing level for the video surveillance market. Equally interesting is the investment from a publicly traded company - ESCO Technologies ($1 Billion USD market capitalization and over $600 Million USD annual revenues).

As we reported in August 2009, while 60% of Firetide's revenue comes from video surveillance projects, they are aggressively expanding into other markets, especially Smart Grids for utilities.

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