Invest in a Video Surveillance Storage Startup - Secure Logiq

Author: John Honovich, Published on Nov 06, 2014

Did you miss out on making millions investing in Intransa or Pivot3?

Well, here is a limited opportunity to get in on an up and coming video surveillance storage startup.

And you can invest less than $250.

*** *** **** *** ** ****** ******** ********* ************ ******?

****, **** ** * ******* *********** ** *** ** ** an ** *** ****** ***** ************ ******* *******.

*** *** *** ****** **** **** $***.

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

The *****

*** ******* *************.

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

"***********’* ******** ***** ** ***** ****** ********/*********** ***** ** ************ ********* ** **** *******"

**** **** ***** ~**% ***** ******* ** ***** ******* *******.

** **** * *****, **** ******* ***** **** ********* ******* to $**+ ******* ****** *******, **** *** ******* ** ~$* million, *** *** ******* ** ~**%

********* **** ******** ******* ****.

Dell / ** *** *** *** *******

**** ***** ********** *** *** ***** ******** **** **** *** HP *** '*** *** *** *******'.

The ***********

***** *** *** ** *** ****,*** *** ****** ** ***********.

**** ** ***** *****, ***** ** *********** (*** **** ****** either **** ** ** **** **):

******* ********** ** **** *** *** ($*** ***).

** *** ****** *** *** ($*** ***) ** ****, **** will **** *** **** ***** *** *****.

*** ******* ******** *** *** ** "**** **** ***** ** Industry ****** *** ***** *****".

The *********

*** ******* ** ******* ****** ** ~$** ******* ***. **** are********* ***,*** *** ************* **** *% ** *** *******.

The **********

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

  • *********** ****** ******** **** ***** * ******* ******* ******* ****** to ** ****.******** ** ******* ****** ** ******* ***** ** *** ************, ***** ******* through **** *****. *** *** ****** ***** ******* ***** ***** have ******?
  • **** ** ******* / ****** ********* ***** '****** *****' *** big *********** ************ *** **** *** *********, ******* ***** ** efforts.
  • **** *** / ******* *** **** **** **** ****** *** the * ** ** ****** *********** **** *** *** ***** share ** *** ******.
  • ********** ~**% ******* ** ******* ******* ** ****** **********, ********** since **** **** ** *** ***** ******** ** *** *********. The ****** *** '*****' ** *** *********** ** ******* **** profits *** ***** *******.

** *** ******** ****, **** **** *** ****** **** ******** connections / **********. ******** ******** *** ********** ************* *********** ******** *** ******** ** *********.

What ** *** *****?

Comments (21)

Quite the motley crew. "..., and so for that reason, I'm out."

another shark tank fan... love it...

Pooka beads on a Sales Director? In a funding pitch? I'm out.

class 10 party foul

I thought it was $2.50. I'm out.

They deserve a lot of credit for taking this approach. Interesting market segment that is underserved. Question is - will F1000's , Govt & EDU pull away from HP & Dell? I think the smart ones will.

In my opinion, the camera work and editing techniques are a bit unprofessional and disconcerting. In one scene, Robin Hughes stares off into space (or perhaps reading his script) whilst (British word) the camera floats around him. No eye contact with the camera and therefore with his audience. I agree with the statement that we will either love or hate the video. I fall into the latter camp.

I've found a crowd funding campaign that, at least to me, is better-produced and, at the very least, much more heart-warming:

Carl, I think that was definitely a professionally produced video. The various angles, frequent cuts, choreography, green screen, etc. are signs of professional production.

Of course, that does not mean one is going to like the style, which I believe is your issue.

I am torn about liking or disliking it, but it was entertaining and, for that reason, I watched it.

If you want a real home made video, here you go:

That is nice, but it's Crowdfunding - Indiegogo VS. Equity Crowd Funding. In Equity Crowd funding the video needs to capture your attention and tell you how much $ and what's in it for you long term. Indiegogo Crowdfunding is more like donating without equity, so I think both videos serve a similar purpose with very different campaign approches to different types of investors.

They are both professional

Both the Secure Logiq and Cat Emporium vids are well-produced, albeit in very different styles. I think the too-hip style of SL's is a mis-fit for the serious money and product they are discussing. Too much 'cool', I think, detracts from the financial and technical messages and practically begs for a personal critique. It's just too much style over substance.

AV's is more serious, as it should be, but dry and amateurish. It weakens their message. My $0.02

Lots of nice marketing wording and data sheets on their site but no concrete technical info.

Would like to see hard info on:

1.- Designed and tested for many NVMS platforms
2.- Saves power - power saving components
3.- Simplified system architecture
4.- 750Mbps throughput

$24M valuation for a business that had cash of £371 and net worth of £6942 at the end of last year. Too ambitious for me.

My background is in storage where I spent the last 30 years of my life. I helped build the first tiered storage solution in 2000. In recent years I have been building tiered based storage systems for many clients and have just built my first solution for a Milestone Customer.

In my opinion, the Secure Logic solution is "hot air". If they are successful it will only be because the security industry has not been paying attention to the storage industry over the last 10 years. Their highest rating machine runs at 2000mbps which sounds big but in storage terms that is only 250MB/sec which is no big deal. The tiny little Promise RAID 5 arrays can already do 150MB/sec and the tiered storage arrays that we build can do 1250MB/sec made up of enterprise class SSD's and RAID 6 arrays (tiered using a Unix Kernel). The tiered storage approach not only allows higher write throughput but also allows almost unlimited Read throughput so gone are the days of worrying about how many clients are attached to your system.

The one thing they don't mention is how their "super servers" decode all the H264 streams that come into these servers for standard VMS tasks such as movement detection etc. No mention of Intel QSV or related technologies.

Don't waste your money. What they are offering now in 2014 might have been good in 2004 but not now. Sounds like all they are doing is a clever rebranding exercise ie the boxes they built weren't fast enough so they thought they would find an industry that didn't know any better.

Shame on you Secure Logic!

Intransas debacle is enough for me to look elsewhere and away from storage companies - there is money to be made in security, but I just dont see this as the venture that screams success.

Hi Guys, comments seem to be pointing at the video which they could have been done better, thus taking the peoples attention away from what they are offering. All I can say is that I have seen the servers in action. We had to have a factory acceptance test for a Data centre. Servers were Raid 6 with hotspare- battery for raid. Raid 1 on SSD for OS. The requrement was only to achieve 500 Mbps, which the system did. Also the raid rebuild time was tested and this was around 50 % quicker than other rebuilds I have seen. I also witnessed a server at 2000 mbps and viewed their health utlility tool which was an Easy to view Gui to view a lot of data that most could understand. They passed the FAT and have been installed in the data centre. Reaons for that? performance, less Hardware and less Power, Better price. 3 years warranty and Advance replacement offered. I have dealt with Dell, HP, Pivot 3 and all I can say is they are worth having a look at.

Btw, one point of clarification on the valuation.

In the UK, it appears they offer some incredible tax credits that make the actual cost of investment / loss potential much less.

An excerpt on what EIS offers UK investors:

The UK government set up the Enterprise Investment Scheme in 1994. Today, it offers a number of tax breaks to investors who buy shares in small, private companies:

  • You get income tax relief of 30 per cent. So if you invest £10,000 in a company that is eligible for EIS, you can knock £3,000 off your income tax bill in the year that you invest.
  • You’ll pay no capital gains tax on any profits you make from an EIS investment. So if you invest £10,000 and five years later sell your shares for £20,000, you’ll get the full benefit of the £10,000 profit, saving you at least £1,800.
  • If you make a loss on your investment, you can offset that loss against income tax. So let’s say you lose your entire £10,000 investment. Because of income tax relief, your actual loss is only £7,000 (£10,000-£3,000). So you can, if you choose, reduce your taxable income for the year in which you disposed of the shares by £7,000, resulting in a saving of £2,800 (40 per cent of £7,000) for a higher-rate taxpayer. If you want to offset your loss against other capital gains in the normal way, you can do this instead.

John, first you need to correct the spelling- it's Secure Logiq, not Secure Logic. This is the 21st century spelling where "q" always replaces the "c".

Second, if this "News" publication says one should invest in Secure Logic, it has to be safe, doesn't it?

http://www.securitynewsdesk.com/secure-logiq-supporting-growth-crowdfunding-initiative/

LinkedIn Promotion

Lol, fixed.

More importantly, time is running out and I only see 3 backers and you are not one of them!

How do you know I'm not using an alias, or the Anonymous? I could be if they accepted my $2.50.

And one of the 3 backers is a director of the crowdfunding site (maybe part of the deal when you list).

Just 5 days left, even after they extended the deadline, still only 4 total backers.

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

OpenALPR Acquired By Mysterious Novume on Mar 13, 2019
Startup OpenALPR has been acquired by Novume, a company virtually unknown in the industry. While there are many LPR providers (see our directory),...
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...
Arcules Favorability Results 2019 on Mar 08, 2019
Arcules has amazing advantages. Tens of millions of funding from Canon. Unlimited access to Milestone's source code (see our test results). But...
Salient CompleteView 20/20 VMS Tested on Feb 27, 2019
In IPVM's last test of Salient 3 years ago, we found various problems and deficiencies. Now, Salient says their new CompleteView 20/20 "unified...
Security Installation Tools Guide - 22 Tools Listed on Feb 19, 2019
In this guide, we cover 22 tools that security installers frequently use. This is one part of our upcoming Video Surveillance...
Sales Cuts At Rasilient on Feb 19, 2019
Over the past 2 years, video surveillance storage specialist Rasilient has expanded its workforce significantly, aiming to build its own branded...
Casino Surveillance Pro Interview: James Lathrop on Feb 15, 2019
James Lathrop has been working in casinos for almost 25 years. During that time, he says he has held "just about every job you can do in the...
Cisco Meraki Cloud VMS/Cameras Tested on Feb 13, 2019
Cisco Meraki says their cameras "bring Meraki magic to the enterprise video security world". According to Meraki, their magic is their management...
Solink Raises $12 Million - Company Profile on Feb 12, 2019
Most industry professionals have never heard of Solink, a company whose tagline is: It's time to revolutionize the way business uses...
Exacq's Cloud Drive Storage Tested on Feb 04, 2019
Less than a year after acquiring cloud video company Smartvue, Exacq has launched its 'cloud drive storage' offering. We see the VSaaS market...

Most Recent Industry Reports

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...
Large US University End-User Video Surveillance Interview on Mar 18, 2019
Schools have become targets in modern days of active shooters and terrorist fears. The need for video and access security is high. Universities...
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...
ONVIF Favorability Results 2019 on Mar 15, 2019
In the past decade, ONVIF has grown from a reaction to the outside Cisco-lead PSIA challenge, to being the de facto video surveillance standard...
Hanwha Aerospace / Techwin Korean Tax Evasion Raid on Mar 15, 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...
Installation Course - Last Chance on Mar 14, 2019
This is the last chance to register for the March Installation course. This is a unique installation course in a market where little practical...
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....
US Drafting Separate Rule for NDAA Dahua/Hikvision 'Blacklist' on Mar 14, 2019
The most debated provision of the NDAA ban of Dahua, Hikvision, Huawei, et al. is the so-called 'blacklist' provision which would ban any company...
OpenALPR Acquired By Mysterious Novume on Mar 13, 2019
Startup OpenALPR has been acquired by Novume, a company virtually unknown in the industry. While there are many LPR providers (see our directory),...
Milestone Machine Learning Camera Auto-Setting Examined on Mar 13, 2019
Milestone wants to improve image quality using Machine Learning to solve the problem of "a camera doesn't know what it is being used for",...

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