$38+ Million Funding Powers VMS Challenger IronYun

By: Brian Karas, Published on Nov 09, 2016

VMS and video analytics have received little funding this decade.

However, one Taiwan startup, IronYun, has bucked this trend, with a relatively massive amount of funding for an offering that combines deep learning analytics, multi-tier storage, private cloud, and big data. They call it a  "Video Operating System" and say it has VMS functionality, real-time analytics and a Google-like video search interface for a true "complete" platform.

In this note, we review the offering based on a discussion with IronYun CEO Paul Sun [link no longer available], analyzing its potential in the market vs established VMSes and analytics.

*** *** ***** ********* have ******** ****** ******* this ******.

*******, *** ****** *******, *******, *** ****** **** trend, **** * ********** massive ****** ** ******* for ** ******** **** combines d*** ******** *********, *****-**** storage, ******* *****, *** big ****. **** **** ** *  "Video ********* ******" *** say ** *** *** *************, real-time ********* *** * Google-like ***** ****** ********* for * **** "********" platform.

** **** ****, ** review *** ******** ***** on * ********** **** ********** **** *** [**** no ****** *********], ********* its ********* ** *** market ** *********** ***** and *********.

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

IronYun **********

*** ******* *** ********** incorporated ** *** ****, but ******** *********** ***** 4 ***** *** ** ****, ***** ** ******* like ******'* ***. *** CEO *** * ***** background ** ********** ********, and *** **** *** Director ** *** ***** computing ****** ** ****. Currently ***** *** ***** 3 ***** *********, ****** in ******, *** ******* on *&*. ******* ** * spinout ** ***'* ******* at ****, ***** ** how **** ******* ** bring * ******* ******* to ****** ****** * year ** ***** ******** incorporation.

***** ******** *** ** their ***, *** ******* has ****** ******* $** to ***** *** ******* to ****** ********.

CityEyes ******* ********

********** *** **** ** IronYun's product, ***** ************ ******* functions **** ***** ********* fall ** ********* ******* in * ********* ******. CMS/VMS *********, *******/***, *** analytics *** ********* ** an ********** *******. ************, there ** * **** learning *********, ***** ******* claims ***** *** ****** more ** * ***** mining **** **** * simple ***/******** ******. *** system ** ***** ** be **** ** * full ********, *** ** not ****** ******** ** be **** **** *** its ********* ********* ***** systems.

** ** ********* ** an *********, ***-****** ******** on * ****-***** ******.

 

Deep ******** *********

**** ** *******'* *&* (from **** ********, *** the ******* ****** ***** incorporation) *** **** ******** in ******** *** ******** the ******, **** ***** own ****, ** ** able ** ************* ********* and *** ******* ******* with ****-****. *** ****** currently *** **** *** object ******* **** ** can ********* ** * scene, ***** ******* *** obvious **** "******" ** "car", ****-****** ***-*******, **** "car", "*******" *** "***" for ********, *** ****-****** ones **** "****** *****", "chair" *** "**/*******". ******* says *** ****** *** recognize ***** ******* **** multiple ******, *** **** partial ***********, **** ** they *** **********. **** is * *********** ******* over ********* ******* **** rely ** ****** ** determine *** ******* ** analyze *** **************.

Video ******/******

******** *** * ******-**** search *********, ***** ***** can ****** *** ***** that ******* * **** description. *** ********* ******* shows ********* *** ***** with ** ***** * car, *********, *** ****** in *** *****. 

***** ********, **** ** object *****, *** ** incorporated ** ****** ******* with * **** *** and * ****** *******, as ** *******.

***** *** ** ***** using *** **** ***** structure ** *** ****** interface, ********* ** *******. This ****** *** ****** like a ****** ******** * tripwire, ** **** ******* rules **** * ****** vehicle ********* *** ***** direction.

** ******** ** ****** classification *********, ***** ** also ** **** ******, allowing *** ****** ** read ******* ****** *** store **** ** * database, ******** ***** ** call ** ******** ***** on ***** ***** ****** being **** ****** ******** cameras.

'Private *****' *** ****** *****

***** ******* ******* **** as * '******* *****', it ** *** ***** deployed *** **** ** VSaaS. ******, ** ** much ******* ** ********* to *********** **** **** built-in *********.

************/*****

******* **** **** ************ and ***** ** ***** appliance ** ******* ** a *** *********. ******* are ***** ** *** system *** *** ****-******** video ******* ******* *************. Users ******** *** ********* and ******* **** ******* so ***** ** ** need ** ********* **** other ******* *******. 

 

*******

******* ** ***** ** licenses *** ***** *******, a *** ****** ****** with ~**** ** ******* would ** ~$**,*** ********* to *******.  ********** ****** licenses *** $***/*******.  *** prices *** ****, *** dealers ***** *** ********** pricing.

Lowest *** ******

** *********** *** **** common ********** ** ******* mid-tier *********** **** * single-source ********, ******* **** they *** ******* *** lowest *** **** ******** to *********** *********.

Target ********

******** ** ******** ** mid-tier ***********, ********* **** 100+ ******* *** * full **** ******** *****. Schools, **************, ******** ***** and ******* ********* *** where ******* **** **** will **** *** **** value, ** **** ***** have * **** ** search ******* ***** ******* of ***** ** **** specific ******.

Existing *********

*** ******* *** ********* in ** *********, ********* to ***** ******* *************, though **** *** ** Asia (**************). ********* ******* large ************* **** *******, airports, ************, *** ******* organizations **** ********* **** higher ****** ****** *** large ******* ** ****** activity. 

Sales *******

******* ** ********* ** Asia, ***** **** **** multiple ***** ****** *** integrators. **** *** ********* **** North ******* ***, ***** they **** * ****-**** ***** people, *** ***** ******* where **** *** **** are ********** ******.

Competitive ********** ** ********** ***** / *********

** **** **** ******** is * *** ********* with ******** ********* *********, making ** ********** ** a ***** **** **** 3rd ***** ********* (*********** a *********** ** ******** and *******), ** ** an ******** *** **** Avigilon *******, **** ******** ships ***** ********** ******.

*******'* ******* ************** ** their **** ******** ********* and ******* ** *********** classify * **** ******* of ******* ** * scene. Customers **** ********* **** VMS ******* ***** ** integrations *** **** ******* less ********** **** *********** VMSes.

Outlook *** *******

***** ********* ***** **** integrated *******, ** **** approach ***** ** ****** for **** ** ****** interoperability ****** *** ******** support. *******, ***** ********* are ***** ******** ** go **** * ****-****** solution **** * ***** company, ******* **** **** could **** ********* ** their ****** ****** *** easily ** *** ******* is *** ********** ** the **** ***. **** may ******* * ********* for ******* **** ***** tightly ********** ***-**-*** *******, requiring ***** ** **** a ***** **** ** faith ** ******* *** majority ** ***** ***** infrastructure ** *** ***** of * *******.

Comments (17)

Test please !

This is a low priority to test, as we have little evidence to show how well it works and since this post has gotten minimal read levels, indicating low comparative interest.

...

;) Pay attention to this my unmet friend.

I have a test unit inbound. I am primarily interested in testing deep learning. Will report if I find it useful.

deep learning with shallow cyber defenses does not an interesting solution make.  make sure it's safe before you fall in love with the AI whispering alarms in your ear.

Would be quite interesting for the Middle East market where Asian products generally do quite well.

The name of this company rang a bell to me. Just checked Linked in emails and found this:


"I am the President/CEO of a cloud computing and big data video surveillance startup. I would like to speak to you about a ground floor, exciting high growth opportunity at our company. Please bounce me an email with your contact info.

I look forward to speaking with you.

Best,

Paul Sun
President/CEO
Ironyun

email: paulsun@IronYun.com"


Note: I work for an Analytics company, though I would rather not say which one as it has little relevance to this topic.

You email must be faster than mine. I just got email from Mr. Sun the other day.

I just got invited to be a Senior Board Adviser - anyone else?

Paul Sun and Tom Ma are gentlemen, I wish them luck!

Paul Sun gave me a rundown of their product at ASIS 2016. I have to admit I was impressed and see this type of deep learning analytic as the future for security. I bring it up to anyone in earshot whenever the topic of video analytics comes up. I look forward to seeing where this solution goes in North America

A fully integrated system has the benefit of being homogeneous, with lest complexity in setup probably and simplified support. (One call support). The benefit of a modular design of course being you have greater choice, from best in class to cheapest in class, depending on needs, and not all your eggs are in one basket.

Cameras are added to the system and the deep-learning video tagging happens automatically.

That means CPU power is immediately being siphoned off for the analytics. I wonder what affect that has on number of supported cameras or stream throughput.

It doesn't sound like anything another already established VMS company couldn't also do. Maybe if it starts making inroads, it can kick up more innovation in the industry overall to try and stay ahead or keep up.

Does anyone know how this system compares to other Video Analytics like Avigilon Rialto, Agent VI, ect...?

It is more search oriented than alarm oriented. It would be a closer comparison to something like Camio than Rialto.

So my understanding of this system is that it's primary purpose is to create metadata on the video footage fed into the channel and store it in a more searchable manner.

Would it still be fair to make the comparisons between IronYun and Agent VI since that is similar to what Agent VI does without the "deep learning" portion of the algorithm? 

If you are comparing to the savVi Video Search then yes, though IronYun does not offer the event search parameter.

Okay. It will be interesting to see were the go then. Thanks for the information. 

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

Video Surveillance 101 Course Opened on Dec 12, 2019
IPVM is adding a Video Surveillance 101 course, designed to help those new to the industry to quickly understand the most important terms,...
Hikvision DS 2nd Gen Intercom Tested on Dec 12, 2019
With its newest IP intercom, Hikvision proclaims users can 'get full control over an entrance' regardless of where it is installed, home or office...
Acquisitions - Winners and Losers on Dec 10, 2019
Most major manufacturers have been acquired over the last decade. But which have been good deals or not? In this report, we analyze the...
Viisights Raises $10 Million, Behavior Analytics Company Profile on Dec 09, 2019
Viisights, an Israeli AI analytics startup marketing "Behavioral Understanding Systems", announced $10 million Series A funding. We spoke to...
Bosch Budget 3000i Cameras Tested on Dec 05, 2019
Bosch has long had a hole in its lineup for, as it describes, "competitively-priced cameras". Now, Bosch has released its 3000i series cameras...
Security Sales Course 2020 on Dec 05, 2019
This sales course is customized for the current needs and challenges specific to professionals selling video surveillance and access control...
AVTech ~$70 IP Cameras Tested Vs Dahua and Hikvision on Dec 04, 2019
Taiwanese manufacturer Avtech is taking direct aim at low cost leaders Dahua and Hikvision with ~$70 starlight and white light illuminator...
Ultinous European Analytics Startup Company Profile on Dec 04, 2019
European analytics-startup Ultinous pitches customers to "Have your own video analysis service!" We spoke to Ultinous to better understand their...
Access Startup Multi-Mount Aims To Streamline Reader Installs on Dec 03, 2019
Startup Multi-Mount claims it makes installing access readers 'Fast', 'Secure,' and fit 'any size frame.' The company states its bracket 'fits most...
Freebie Face-Off: Rise of ~$30 Giveaways Examined on Dec 02, 2019
The freebies are growing. Verkada started this (see The Fastest Growing Video Surveillance Sales Organization Ever - Verkada) and now has given...

Most Recent Industry Reports

ADT CEO Not Worried About DIY: "2 Discrete Markets" on Dec 13, 2019
ADT's CEO is not worried about DIY, characterizing DIY and ADT's DIFY as "2 discrete markets" at the Imperial Capital Security Investor's...
Hikvision CEO Alleged Illegal Activities Investigated on Dec 13, 2019
Hikvision's CEO Hu Yangzhong is under investigation for suspected illegal activities, according to the PRC's securities regulator. This has become...
Video Surveillance 101 Course Opened on Dec 12, 2019
IPVM is adding a Video Surveillance 101 course, designed to help those new to the industry to quickly understand the most important terms,...
Verkada Notification Outage on Dec 12, 2019
Verkada is suffering an event notification outage and analytic search failures. Inside, we examine what the issues are, what Verkada told IPVM...
Hikvision DS 2nd Gen Intercom Tested on Dec 12, 2019
With its newest IP intercom, Hikvision proclaims users can 'get full control over an entrance' regardless of where it is installed, home or office...
Honeywell 30 Series Cameras Tested Vs Dahua and Hikvision on Dec 11, 2019
Honeywell has infamously OEMed Dahua and Hikvision for years, but now they have introduced an NDAA-compliant line, the 30 Series, claiming "lower...
"Good Market, Bad Business Models" - Residential Security on Dec 11, 2019
Industry banker John Mack, at his company's annual event, took aim squarely at the problems in the residential security...
IP Camera Browser Support: Who's Broken / Who Works on Dec 10, 2019
For many years, IP cameras depended on ActiveX control, whose security flaws have been known for more than a decade. The good news is that this is...
Acquisitions - Winners and Losers on Dec 10, 2019
Most major manufacturers have been acquired over the last decade. But which have been good deals or not? In this report, we analyze the...
IP Camera Installability Shootout 2019 - Avigilon, Axis, Bosch, Dahua, Hanwha, Hikvision, Uniview, Vivotek on Dec 09, 2019
What are the best and worst cameras to install? Which manufacturers make it the hardest or easiest to install their cameras? We tested 35 total...