Anomaly Analytics Developer iCetana Raises $6M For US/Europe Expansion

Author: Brian Karas, Published on Jun 12, 2017

Australian-based iCetana says their GPU-based anomaly detection analytics are proven and ready to expand globally. To do that, they have raised $6M to build sales teams in the US and Europe.

CEO Chris Farquhar, and lead investor Matthew Macfarlane, spoke with IPVM about the company, current customer base, and why they think their product is set to challenge other analytics offerings. We share the details in this report.

**********-**************** ***** ***-***** ******* ********* ********* *** ****** *** ***** to ****** ********. ** ** ****, **** **** ****** $** to ***** ***** ***** ** *** ** *** ******.

******** ********, *** **** *************** **********, ***** **** **** ***** *** *******, ******* ******** ****, and *** **** ***** ***** ******* ** *** ** ********* other ********* *********. ** ***** *** ******* ** **** ******.

[***************]

Software ********* ********

*******'* ******** ****** ** * ******* ** "******" ******** **** a ******* ** *** ***********, ** **** *** ********* ** able ** ***** ** ******** ****** *** ********** **** ****. It ******** ******** ********* ***** ** * ****** ** ****, speed, *** ******** *********, ***** *****-****** ******** ******* ** ****** classification. *** ******* ****** **** ****** *** ****** **********, *** ability ** ****** * ***** ***** ** ******* ******, ***** not ******** ********* **** *********** ******.

** *** ********* ***** ** ******* ************** ********* *** ******** operation *** *********** **** *********:

iCetana ***** ** *************

******* ******* ******* ** ****, *** ***** *** **** ***** ** *** ******* *** remained **** *** ****, *** ***** ***** *** ******* **** selling ********/******** ******* ** * ************ *****. *** ******** **-***** cost ** ~$*,***/******* ** *** * ************-***** $**/*******/***** (****) *****. The ************ ***** ******** *** **** ** *** ******** **** customers **** * *****-**** ********, ***** *********** ********** **-***** ***** for ***********.

Customer ******

*** ******* ****** ~**,*** ****** ******** ********, ********* ** ********* and *** ****** ****. **** **** **** ****** *** ***** university ********* ** *** **, *** ** **********, *** *** in *****, *** **** *** **** ****** ***** ** ****** as ****.

Best-Fit ************

*** ****** **** *** **** *** ********* *** **** ***** or ******** ** ***** *** ** ******* ********* ******** ** events ** ***** **. **** ***** ** ****** ****** ** analyzing ***** ********* **** ** *** ******, ** ****** ****** activity ******* ** *********-********** **** ************ ***** ********* **** ** receive ****** *** ******** ********** ******.

"No ***** ******"

******* *** ****** ******* **** ** ********** ** ** ******* activity, *** ******* ****** **** *********** ******* *** ** ****** a "***** *****".

Customer *******

******* ** ********* ********* ***** *********, **** ** ******* ** deploy * ******* ** *** *******. ************, ********, ******** *****, and ******* ********** **** ******* ***** ******* ** ****** **** to ** *** **** ***, ********* ** *** *******.

Shift **** ******* ******** ** **** ********

*** ******* ** ** *** ******* ** ****** **** * machine ******** ******** ** * **** ******** ********. **** ** intended ** ****** *** ************ ** *** ********, ******** ** to *** **** ****** ******** ******, *** **** *** ********** understanding (*.*.: *********** * **** *** **** ***** ** * safety-related ******** **** ***** ** ************* ****** ** ** *****-********** instead ** ******** *********).

US/Europe *********

*** **** *** ******* *** ******* *** ******* *** ****** customer ** **** **** **** ** ********, ****** *** ***** in **** *** ** *** ******, **** ** ******* ******* for *********. **** **** ********* ********* *** ******* ** ** *** **** *** *** ********, and **** ** **** ********** ***** ****** *** ** *** throughout ******.

Channel ********

*** ******* **** ****** *** ******** ******** ******* ******** ** these *******, ******* ******* *********** ** ***** ***-**** ********. *********** should ****** ******** *********, **** ** ******* ******.

Compared ** ******** ******* ****** *********

********, ******** ** ******* ********* ********** ****, *** *** ** ********* **** **** ** ** **** report. ********'* ******** ** ******* ** *******'* ** **** *** system **** ***** ****** ******* ** ****** ************** *** *** analysis.

**** ******** ***** ***** ******* ********* ***** **** *** ********* of ***** **** ** ** *******-***** ********* *** *****-***** ********* with *** **** ******** *** ********, *********** ****** ********'* ****** easier ** ****** ** ******** *** ****** ** ********** ********* deal ****.

iCetana ******* ** **/******

***** ********* ** ********* ** ***** *********, ******* ********** *** ***** ** ******* *********. ****, ***** with *******'* ********** ***** ********* **** *** ** ********* *******, gives **** **** ****** ** *************** ** *** ********* ******. Still, ******** * ***** ****, ********, *** **** ** ***** reference ******** ** * **** *** ********-********* *******, **** *** unlikely ** **** * ***** ********* ****** ** *** ** or ******, *** *** **** ********* *********** **** ***** ********* companies *** ****** ** ***** ******* ************ ** ****** *** anomaly ********* ********* ******** ********* *************.

Comments (3)

****'* ***** ** ** * ***** ** ** **** ** they ***. *****, **'* * ********* **** *** ******, ***** is ******** **** ** ***** **.

**** ****!

** ** ****, ******** **** *** **** ** *****-** ***, they've **** ***** * ********** ****. ** ***** ** *********** to *** *** *** *** ******* **** ****-**-**** **** ******** does **** ********* ******.

***** ** *********** ** ** ** ******* ********** ******* ******** and *******. **** **** *********** ** *** ***** ** ******* detection ** * **** ****** ********** *** ********** **** ** cameras ** **** ************.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Eagle Eye Favorability Results 2019 on Mar 21, 2019
Eagle Eye has been the biggest spender in the cloud VMS market including (via their owner) acquiring Brivo for $50 million and CameraManager from...
Large Hospital Security End User Interview on Mar 21, 2019
This large single-state healthcare system consists of many hospitals, and hundreds of health parks, private practices, urgent care facilities, and...
Silicon Valley Cybersecurity Insurance Startup Coalition Profile on Mar 20, 2019
Many industry people believe cybersecurity insurance is not worth it, as the voting and debate in our Cybersecurity Insurance For Security...
Top Metrics For Ensuring Integrator Profitability - Statistics on Mar 20, 2019
How do integrators ensure the profitability of their projects? As part of our profitability study, 100+ integrators answered the following...
Retired Mercury President Returns As Open Options President on Mar 18, 2019
Open Options experienced major changes in 2018, including being acquired by ACRE and losing its President and General Manager, John Berman who...
Hikvision Favorability Results 2019 on Mar 18, 2019
Hikvision favorability results declined significantly in IPVM's 2019 study of 200+ integrators. While in 2017 Hikvision's favorability was...
City Physical Security Manager Interview on Mar 14, 2019
This physical security pro is the Physical Security Manager for the City of Calgary. He is a criminologist by training with an ASIS CPP credential....
Network Optix Favorability Results 2019 on Mar 11, 2019
Network Optix is arguably the last new VMS. Founded in 2010, more than a decade after most client/server VMS offerings, the company has become a...
BCDVideo Expansion And Switch From HP To Dell Examined on Mar 11, 2019
BCDVideo says they have more than tripled revenue in the past 5 years and are continuing to grow, powered most recently by switching their lead...
Start Up Safe Zone $150 Gunfire Detector Profile on Mar 06, 2019
While gunfire detectors have been around for years, typically they are limited to enterprise level or municipal deployments. Startup AVidea, makers...

Most Recent Industry Reports

IBM / Genetec Surveillance System Investigated Over Philippines Human Rights Abuses on Mar 22, 2019
A lengthy investigation into an IBM video surveillance project in the Philippines, raising concerns IBM helped local police conduct a bloody...
Eagle Eye Favorability Results 2019 on Mar 21, 2019
Eagle Eye has been the biggest spender in the cloud VMS market including (via their owner) acquiring Brivo for $50 million and CameraManager from...
Large Hospital Security End User Interview on Mar 21, 2019
This large single-state healthcare system consists of many hospitals, and hundreds of health parks, private practices, urgent care facilities, and...
Silicon Valley Cybersecurity Insurance Startup Coalition Profile on Mar 20, 2019
Many industry people believe cybersecurity insurance is not worth it, as the voting and debate in our Cybersecurity Insurance For Security...
Covert IP Camera Shootout - Axis, Hanwha, Hikvision, March, Vivotek on Mar 20, 2019
Covert cameras were one of the last holdout areas for analog cameras. However, in the past few years, IP / HD covert cameras have become...
Top Metrics For Ensuring Integrator Profitability - Statistics on Mar 20, 2019
How do integrators ensure the profitability of their projects? As part of our profitability study, 100+ integrators answered the following...
Avigilon Launches 'Renewed Products Program' on Mar 19, 2019
There are lots of 'pre-owned' cars but pre-owned IP cameras? While such programs are common in other industries, in video surveillance, they are...
Hanwha Tax Evasion Probe, Camera Division Implicated on Mar 19, 2019
A Hanwha group subsidiary was raided as part of a tax evasion probe. While a Korean news media report listed the raided entity as 'Hanwha...
Genetec Security Center 5.8 Tested on Mar 19, 2019
Genetec has released Version 5.8. This comes after a wait of more than a year that caused frustrations for many Genetec partners. Our previous...
Retired Mercury President Returns As Open Options President on Mar 18, 2019
Open Options experienced major changes in 2018, including being acquired by ACRE and losing its President and General Manager, John Berman who...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact