Proxy Exiting Building Access Control Market

By Brian Rhodes, Published Mar 02, 2022, 09:49am EST (Info+)

While Silicon Valley's Proxy was making a run at mega-manufacturer HID, having raised $90+ million, the company is stopping production of its access control system, the company confirmed to IPVM.

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A year ago, Proxy touted growing sales, said it was not worried about HID threat after a few months earlier, HID warned against unauthorized "parasitic" devices such as Proxy's

In this report, IPVM shares feedback from Denis Mars, Proxy Co-Founder and CEO, about the company's exit from building access control.

Proxy ********* ****** ******* ****

*****'******** **************** *** **** *** ** ******** access *******:

** *** ******* **** *** ******** access ********, *** ** **** ** longer ** ************* *** ******* ******** access ******** (***** *******) *** ****** access *********.

** *** ******* ******** ** *** of *** ********* ********* *** ******** who **** ****** ** ** **** business ***** *** ***, *** ** will ******** ** **** ***** ***** and ******* ****.

**** ********* *** ****** *** ******* access ** ****:

******* ** ********-***** ******* ***** *** founding, *** ** **** ******* ******** products *** ******* ********, *******-********** ******** verification, ********** **********, *** ******** ******.Due ** ******* **** ********* *** ****** ***** ******, ** **** **** *** ******** ** **** **** **** *** ******** ****** ******** and double down in our other product areas where we increasingly see high growth.

** ******** *** ***** ** ******* identity *** ********** **********, ************** ********* ****-********** ** ******* ********** ** these *****.

** ***’* **** ******** **** ** add ******* ** ********* **** ****, *** *********, **** ******** **** context *** ******* *** ***. [******** added]

Supply ***** ********

** *** ************, ***** ***** ************ ********* ***** and ******-***** ****** ** * *********** factor ** *** ******** ** *********** access.

***** ********* ****** ********** **** **** an ***** ** **** *********, ********* access *******, **** ********* ******* ******* ******** ******* ********** *** altering ***** ** ******* ******** ** ******.

No ********** ******** ** ******** ******

* ******* ****** ** ***** *** the *********** ** ***** *** ******** access ** * ********/****é* ** *********** multiple ***** ** ******* *** *******.

***** ******* *** ******** ** ** identity/credential ******** *** * ***** ***** of ******* **** ** ********, ***, and *******; ** ********* **** ** pool ****** *** **** *******. *** approach **** ****** ******* ** ** introduction ** * ********, ***** *** company ***** *** ** *** * foothold.

***, **** *** ****** ****, **** said *** ******* **** **** *** new ******* ** ***** ***** ********:

** ******** ** ******* *** ******** to *** ****** *** ******** *******.

**** ****'* ******* *** ** ******** we've ********* *** *********** ***** ** include *** ******** ******* **** *** growing **** *** ** **** ** identity ********* *** **** ****** *** offline **********.

******, *** ******* *** **** **********, with******** ******** ************* **** **% **** *** **** six ******:

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TDK / ***** ***********

*****, **** ****,***** ********* **** *****'* *** ***********, * ************ ** ********** **********, sensors, *** *******-*** *********, ***** **** IPVM **** ***** *** "******* **** we *** ******** ** **** ***** at **** ****".

"Proxy ** ************* ** * **** *******"

***** **** "****" (*** **** ***** *** ********** future ***** ** *** **********) ** next *** *** *******:

** *** ****** *** ** *** lessons ******* **** ******** * ******** identity ******* *** **** ******** ** bring *** ******* ** ****, ****************, and ****-********* ******** ** ********. ** see ********* *** ***** ** ****** these ***** **** ******** ************, ** make **** **** ********** *** ** universally *******.

***** *** *** ****** **** *** details ** **** *** ** ****** speculate **** **** **** ** ** web3.

Win *** ******** ****** ***********

** ******** ****,*** ***** ***** ** * '********* device', ******* **** ********* ***** ***** with *** ********* ***** **** ******* warranty *** *******.

***'* **** *********** *********** ********* **** using *****, *** ******* ********** *** Mobile ******* *** *********** ** * safer ***********.

*** ****** **** *** ******* **** on *****'* ******** ** *** *****, but **** ***** ******* *** ******, HID *** *** *** ***** ****** competitor ** ******, *************** *** ***** *** *** *** challenges ** ******.

Comments (9)

Avatar

Brian Karas

Pelican Zero
03/02/22 03:21pm

"Proxy ** ************* ** * **** *******"

* ***** **** **** **** ** burn ******* ******** ******* **** **** left **** ******* "****" ** *** going ** ** ******** *** *** physical ******** ***** ** *** **** future.

Agree: 4
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John Honovich

IPVM | In reply to Brian Karas | 03/02/22 03:31pm

** ********, **** *** ****** ** do ******** ******* ** ******** ********. Whether **** **** **** *****, * have ** ****.

Agree: 1
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Avatar

Brian Karas

Pelican Zero
In reply to John Honovich | 03/02/22 03:47pm

****, *** **** ******** ******* ****** today **** *** ** ****** **** "web3" *** ** ***** *******, ** it ******* ** ******** ********/****** *******? So *** * **** *** ***** anything ** *** ****** ************* ***** web3 *** ******** ******** **** ***** out ******** ***** ***** ** ** actual ***** ***********.

**** ** ********* ******** ** ** the ************* ********, ***** ********** *** community ******* ** ***** *** ******** apps *** **** ************. **** ** the ***** ******** ** **** **** organizations **** **** ** ***** ** physical ********. * ***'* *** **** requests **** ******** ************* ****** ** have **** ******* *** ********* ** their ****, **** ** (***) **** of *** ****** *** ***** ******** has **** **** **** ** *** physical ******** ****** *******. * ***** we *** **** *** ******* ** the ***** **** ***** ***** ***** and ********** ***** ************ **** ****** to **** ******** ********* (***** *** still **** ********** "* ***'* **** cloud").

******* *** *** ******** ******** ** understand, *****, *** ***** ********** ***** on "****" ** **** ***** ** time ** * *** ***, ***.

Agree: 1
Disagree
Informative: 3
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Funny

John Honovich

IPVM | In reply to Brian Karas | 03/02/22 03:55pm

****, *** **** ******** ******* ****** today **** *** ** ****** **** "web3" *** ** ***** *******, ** it ******* ** ******** ********/****** *******?

* ** *** ********** ********* *** Proxy ** *** ********** **** ******, i.e., ****'* *** **** *** ********** away **** ******** ********/****** *******.

Agree
Disagree
Informative: 1
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Avatar

Brian Karas

Pelican Zero
In reply to John Honovich | 03/02/22 03:59pm

*** **, * ******* **** **** going ** *** ** ** **** kind ** **** ******** ******** **** as ** ***** **** ** *** strategy (**: * ********** ****** **********). It ***** **** **** *** **** trying ** *** ** *** ******* web3 ********* **** **** **** *********** about **** ******* **** **** ** do. ****** ***, ** ********** *** their ****** ** *** ****.

Agree: 2
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Undisclosed Integrator #1

03/02/22 10:56pm

* ****** **** ** ***** **** to ** ******* ** * ******* that ***** * ***** **** ****. It's **** *** ***** ** * different *****, *** **'* ********* ** the ******* ****** *** ******** ** once. *** ********* ** *** ******* get * **** ** **** ** do ** *** ** **** *** executives?

"* **** * ********** *** ** designing ******* ** **** ********* ****** OOPS *** * ****** ******** ** A ***** ***** **** *** 🌈🎶🌞."

Agree
Disagree
Informative
Unhelpful
Funny: 3

John Honovich

IPVM | In reply to Undisclosed Integrator #1 | 03/02/22 11:00pm

**** *** ************* ** *** *********, so **** ***** *** *** ******** and ********* *** ****** **** ** the **** **** ******* ** **** are *** ********* ** ***** ******* employer's ******.

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John Honovich

IPVM | 03/04/22 06:36pm

***** ** *** * "#**** ******":

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Agree
Disagree
Informative
Unhelpful
Funny: 2

Undisclosed #2

05/04/22 03:16pm

***** **** * *** ****** *** a ***** ****.

Agree
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