Flock Safety Raises $150 Million, Lead By A16Z

By John Honovich, Published Jul 13, 2021, 10:51am EDT

Flock Safety has raised one of the largest rounds ever for video surveillance led by one of the biggest and most aggressive VC firms, Andreesen Horowitz.

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This funding signals a massive expansion of the company in the next few years. Inside this note, we examine the rationale for the funding, how Flock contrasts to conventional LPR, privacy concerns, and what this says about the future of video surveillance systems.

For background, see IPVM's 2021 test of Flock Safety.

A16Z's ************* ******* *******

********* ********'* (****) **************** *** ********** ********** network *******:

*** ***** ** ***** Safety ** ** *** network. *** **** ******* deployed, *** **** ******** there ** ** ***** crimes. **** ******* ****** was ***** ********* ****** neighborhood *********’* ************, ***** were *** ******** ***** in *** **-**-****** ****** and ***** ******* *** over **% ** *** business. ******* ******** ***** in ************* **** ********* law *********** ********, ***** now ********** *** ******** of *** ********.

** **********, **** ********** can ** ****** ** Flock ****** ** ***** across *** *******:

**** ********* *** ***** of ***** ****** **** more ** **** *** digital ******** *** ** pooled ****** ********* *** enforcement ******** *** * short ****** ** ****, making ** **** ******** as ******** ****** ****** a ********* *** ****** the *.*. **** *******. That ***** **** * kidnapped ***** ***** ****** across ****** ** ***** lines *** ** ***** much **** *******, *** safely.

************, ***** ************ *** lacked ******* *******, *.*., if **** ************* **** Axis ** *********, ** had ******* *********** ******** for ***** *****. ** contrast, ****** ******** **** network *******, *** **** people ** ** ** Twitter, *** **** ********* value *** ******** **** of ******** **** ******.

***** ***** ****** ** a ***** *** ****** operated ** *****, *** more ******* *********, *** more ************* ** ******* for ***** *** ** connect ******** *********. *** example, **** ***** ******** article ******** *** ***** is ********** ** *** FBI's ********:

******* **** *** ********* to *** ***’* *******, they **** ***** ****** when * ****** ***** up * ******* ** the ******’* **** ****** list.

******* ** ** *** FBI, *** ***** ****** department, ** ***** ********* watchlists, **** ***** *** automate ********** *** **** across *** ** *** of ***** ********* ******* increases ***** *** ********* seeking ** ******** ********* or ********.

Conventional *** *********** ** ******** ***'* *** *********

** ********, **** **** incumbent *** ******* **** are ******** **-******* / not ** *** *****, the *********** ** **** each **** ***** ** build *** ******** ***** own **********. ****'* ***** a *** ** **** and ** ********* ********** to ***** *** **** of ********** **** ***** may ******* **** *** enforcement ** ***** **** the ******.

Reduce **** *****

** ******** **** ****'* claim **** ***** ******* costs:

***** ****** ******* **** an ***** ** ********* less **** *** ******* incumbents, ***** ****** ***** customers ** ***** *** more ****** ** ******** in ***** ************* **** their ******* ***** ****** with ****** **********

** $*,*** *** **** forever, ***** ** *** necessarily **** ********* *** LPR *** ********* *** an ***** ** ********* (i.e., **% ****). *******, it **** **** ***** benefits, *.*., *** ******* effect / ********** ****** watchlists **** *** ********* infeasible *** ***********.

Simpler *****

IPVM Image

*** ***** ***** ******* is *** ********** ** setup. **** *** ******* presume ***** *** ********** will ** ******** ** the **** ** **********. By ********, ***** ******** an *** ** *** solar ******* ***. **** radically ******* *** ********** of ************. ******, * core **** ** *** Flock ******** ** **** it **** *** ******* local *********** (*** *** significant ****) ** *** project. ********, **** *******, it ******* ***** ** sell **** ******* *** quickly **** ********* ** channel ********.

Reduce ***** ** **% ** * *****

***** *** ********, ** part ** **** *********** announcement, **** **** "****** to ****** ***** ** America ** **** **% in *** **** ***** years." ** ****** **** not ****** *** *** success ** **** ********* that **** ********* ******* that ********** ********* **** but *** ******* ** serious ***** *** **********, in ** ***** ** IPVM **** "***** ********* is *** ***** ****".

***** ***** ** ****** from *,*** ** ****** today ** *,*** ** a *** ***** ******* IPVM:

***** *** ******* ********** of ******, *** **** capital, ** **** ** working **** +*,*** ****** like ** ** ***** and **** **** ***** local *************, **********, *** enforcement, *** **** ******* to ****** ******* ***** in ******* ** **%.

** ******* ** **** 25% *********, ***** ***** to **** **** ********:

  • *** ********* ****% ** ******* ******** * ***** ago
  • **% *********** ***** ** **** County **** ****
  • **% ********* ** ***** in *** ******, **
  • **% *********** **** ** * Dayton, ** ************
  • **% *********** **** * ****** in ****** ******, **
  • * ********* *********** ******** (CID) **** ******** **** 1 ******* ******** **** year **********% ******** *****-*** *** **% fewer ***** ******* ******
  • ** ** **% ********* in **** ***** ** residential *************

** **** *** ********* to ****** ** ******* those ******* ***.

Fear ** ***** ******

***** ****** ** ***** caught ** ***** ** something **** *** ******* is *********** *********** ** Flock ***** ** ** that:

*** ******** ********* *** Justice **** **** “******** shows ******* **** *** chance ** ***** ****** is * ****** **** effective ********* **** **** draconian **********.”

**** *** **** **** be **** *** ** raises *** ******** ** whether ****** **** ** afraid ** ***** ****** for **** ** ***** generating ** ***** ** their *******.

Why $*** *******?

***** ********* *** ********* for **** * ***** round (******** ** **** market):

****** ***, ** *** growing ********** **** *** the ****** ** **********. We *** *** ******* over *,*** *********** ** 40 ****** ****** *** U.S., *** ******* **** 700+ *** *********** ********. Based ** **** *****, Flock’s ***** *** ****** in ****** *% ** total ***** ******** ** the ******* (+*** ********). We **** ** **** more ********* ** **** local ****** (***** ***********, local ******** *******, ******* engineering, *** *****) *** accelerate ******* ********** ****** our ******** ****** *******. We *** ** ***** as *** ****** ****** operating ****** *** *,***+ cities ** ***** ******** private ********, *** ***********, and ******* ********* ** make ***** *********** *****.

Valuation *** *******

***** *** ******* *** not ******** ********* *** revenue, ** ****** ********* is ** ***** * billion *** *********** **** higher **** ****. ** estimate **** ******* *** in *** *** **** of ******** **** *** company******* ***** ***** ** grew ******* ***% ** 2020.

****** **** ******** ******** companies *** *** *********** currently *** ********* ******** is ***** ** *** premiums (*.*., ******** **** have *** * *** of ***** *** ********* into *********).

******: ***** ****** ********* their ********* ** $*.**.

Privacy ********

**, *** **, ***** achieves *** ****** *******, it **** *********** ****** a ******** ******* ****** that ** ********** ****** policing ****, ******* *** sorts ** ******* ******** that ** ***********, ******* Valley ****** ******, *** such * ******** **** in ***** *********. ***** has ********* ****** **** alerting ***** ** ******* plates ****** **** ******* descriptions ***** ****** **** but *** **** ** what **** ***** ***** in ********* ****** ** their ******* ****** *** who ***** ****** ****** to **** ******* **** a *********** ********** ******* plate ****-**** ******** ******.

Comments (8)

******: ***** ****** ********* their ********* ** $*.**

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** *** ***** **** active ** *** ****** area, ******* ************ *** southeast ***** ** *******, pushing **** ** *** public ****** ******. ** speaking ******** **** * government ******** *** **** we *** ***** **** park ************, ** **** told **** ******* ****** of **** ********** *** recently ****** * **** for ******* ***** ******* @ $*,***/**. **** ** first *** ***** * few ***** ***, **** were ** $*,***/**. **** $2,000/yr. * ***'* **** if $*,*** ** ***** new ****** ** **** deal *** ** *******, but ***** ******* ***** to ** ****** ****** than ******* **** ****.

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* ******** **** ** tonight/tomorrow's **********:

***** **** ******* *** reading *** ********/******** **** post ** **** **** the ***** *******,*** ***** ******* ** a **** *********** *********** *** ****** ** video ************. *********, ********/******** is * *********** **** and *** *** ********* to **** ******** **** a ****** **********, *** Flock ******* ** **** and ***** ******** ******** of ******* ******* *** the ********* ** **** Flock **** * ******* competitor **** * **** at ***** *** ******* provider ** ********* ***** surveillance ** *** **** decade, **** *** ****** than **** *** ********/********.

** ******, ***** ********* could ** **** *** not ***** **** **** will ** **** ** they *** **** **** be **** ** ***** Flock **** **** * big **** ***** **** so **** ***** *** the **** ******** ******* of ****.

*** *** ** *******, the ***** ** ***** / ** ** ** watchlists **** ******* ** the ****** ** ***** to * ******** ************** for **** *****.

Agree
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Funny

* **** *** *****, Verkada, ** **. ***** the **** ********** ****** Shelby ****** (*******) **. They *** ***** ** their ******** ***** *********** not *** **** **** the **** *** ****** are ********* ** *** of ***** ************ **************, more ********* *********** ******* and ***. ****** * larger ***** ********* ******. Correlation ** *** *********.

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******* ***** ******* ****** up **** ** *** entrances *** **** *** roads ****** * ***** local ******** ****** ******** by ***-****, ******, ****’*, etc.

***** *** * ***** debate ** ********* ****** media ****** *** ***** two ****. ***** ******* accused *** **** ** establishing * ****** *****. Within ** *****, **** learned ** *** *** shopping ****** **** ********* and ********* *** ***** on ******* ********. *** opposed **** *****.

*****, * ****** ** vehicle ** **** ******* at *** ************. ** was ******, ************ *** the ***** ***** ** an *******.

* **** ***** *** better *******.

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******* *** ******** *** reads *** **** - are *** *** ******** to ** *** *** shootouts **** ****?

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********* ****** *** ** #4,

** ****** ***** ****** and ******** * ****** in ******* **** ****.**** ** *** ****** here. **** **** ** comment ** ***** ******** if *** **** *** questions!

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****

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