Wireless video surveillance is a tough business. Micropower sought to deliver a wireless, turn-key, professional video solution.
The most famous wireless failure is certainly Firetide, who after spending $50 million in VC funding, took a small buyout, and fell off the face of the Earth.
Micropower quietly raised and burned a lot of money itself, ~$20 million, including $6.5 million for Motorola in 2012, $7.5 million in 2013, $2 million in 2014, and nearly $5 million in 2015.
We look at what caused Micropower's downfall in this report.