Sentry360 Bankruptcy

By: John Honovich, Published on Nov 30, 2017

Sentry360, a US-based video surveillance manufacturer, most well-known for its panoramic cameras, has filed for Chapter 7 bankruptcy.

In this note, we review the filing, share feedback from the company and analyze the issues the company faced.

*********, * **-***** ***** surveillance ************, **** ****-***** for *** ********* *******, has ***** *** ******* 7 **********.

** **** ****, ** review *** ******, ***** feedback **** *** ******* and ******* *** ****** the ******* *****.

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

Bankruptcy ******

********* ***** *** ********** (*** ****** ***'* ********** filing).** * ******* * bankruptcy, *********'* ****** **** be **** *** ** pay *** ******* (*********) unlike ** ******* **, where ******* ********* **** creditors ** ***** *** terms ** *** **** without ****** ** ********* assets.

Support ********

*** ******* **** ** direct ******* ******** *** existing ********* ** *** CEO, *** ********* ************@*********.***.

Cause ** *******

********* **** **** *** cause ** *** ******* was *** ** * development ******* **** **** apart ******** ** ** acquisition **** *** *** close:

********* **** * ***** investment ** ********** *** breed ** ****** (*****) **** ******** ********. This *** * **** project **** **** *** internal *********** *** ******** (hiring ** ******* *********** team) **** ********** **** apart. *** ******* *********** many ******** *** ***** with * ******* *** counter ******* **** *** outside *********** *******. ** the ****** ** **** Sentry360 *** ********** ** be ******** ** ******* named ******. *** *********** was ******* ** *** and ** *********** *** this *********** ** *** asked ** ****** *** Sentry360 ****** *** ******* lawsuit **** *** ******* development *******. *********** *** settlement *** ************* **** than *** *********** ***** it **** ***** ** the **** ** *** that ****** ** ******* no ********* ********* ******. Unfortunately, ****** ******* ** (after *** ******* *** settled) ******** *** *** indefinitely. ** *******, **** the ******** *** ******** investments ** *** *** technology, **** ** ***** fees *** ********** ********** Sentry360 ****** *********.

*******

*********'* **** ******* *** ~$1.8 *******, ********* ** just **** $*.* ******* in ****, ********* ** its ********** ******:

Largest ******** *-*********

*-*********, ** ********** *********** firm ******** **** ** ***** surveillance, *** ****** ** Sentry360's ******* ********.

** ******* **** *** the **** **** ********* describes ** ******* ** the ******* **** **** apart *** **** ************ sued **** (**** - above *** ****** **** the ***** *** *** claim ** * ***** judgment).

Intellectual ******** *** ****

*********'* ************ ******** *** not **** **** *** "is ** *** ***** of *** ********** ******* and *** ***** ******* is ***** ** *****."

Statement **** ********* ***

*********'* *** ******** *** following *********:

**** *** ******** ** any ******** **’* *********** to **** * **-**** run ****** ** *** a ******* *** ********** that’s ******* **** ** is. *’* *** ***** to ***** * *** story ** ***** ******* unfairly, *’* *** ***** to ***** *** ******* or *********** *** *’* certainly *** ***** ** blame *****. * ******* Sentry360 *** ** ** father’s ******** **** * was ** ***** *** with ** ********, ** family, *** ** ***********- only *** ******* ** change *** ***** ************ industry *** ****** ********* different **** *** ****. It ***** **** ******* laughed *** ** ** directors ******* ** *** suggestion ** ******* * Mjpeg ********* “**” ****** on ***** *******, ********* an ********* ** *** dark (** ****** ***** before ** *** *****) and ******* ** ***-**** after ***-**** ******* *** every ****** ** ********** they **** ****** **** their ******* ************ ******.

********** ** ***** *** blind-spot ******* **** *** fisheye ********* ********* *** several ********** **** *** years ********** ** *** Pre-Onvif & ***-******-**-*-**** (*********/*********) era. ***** **** *** days ***** ***’* **’** made ****** **** *******, ip ****’* **** ************ developed (*** ****-******) *** there *** ** ******** method ** ********* ********. Every *** ** ****** to ********* **** *** a *********** ********* ****-****, different ************ *** ****** us ** ***** *** re-write *** ********* *** (software-development-kit) ** *** ****** of ******** * ********** partner *** ******* *** gate ** **** *** 360-degree ******* **** ***** community ** ****** *******, system ***********, *** ************ channels. ******* ****- ***, this *** ***! * got *** *********** ** work **** *** ******** in *** ***** ************ world, ****** ****** ********** and **** ****** **** companies ** *******. ***** we *** ****** ***** camera ***** **** ** edge ********* ******* ****** and **** **** **** their ‘***’ ******-**** *********. Most ****** *** **** and *** *** **** actually ‘****’ ***** ******* are ******* **** ********* challenges *** *************- ***** isn’t *********** * ********.

** ****** ***** *** tech ** ***** * still **** ******** **** the **** *** ***** the ******** ***** ** the ***-***** **** ***. Whether ****’* **** ****** technical ******* *** ******* or ************ **** ****** security ***** **** ********** data **’* *** ***** the ********. * **** this ******** **** * passion *** *** ***** I ***** ***** ** change ** ** **** more ****** *** *** not ****** ** **** the ******** *** ******- even ** **** ****. Being ********* ***** ****** opinions ** * *** strategy (*’* ******).

*******, **** *’* **** proud ** *** ******* to ** **** *** technology ** ******* ** awards ** ********. *’* proud ** *** *** we ******, *** *** we ******** *** **** importantly *** *** ** treated *** *********, ********, and *********. ******** **** made **** *** ***** and * **** ******** that ** **** ** effort ** ***** **** them *** ***** ****** on *** ******* *** continued ** ******** ********* even ** *** **** year *********** ******** ******* and ******* **** ** launching * *** ******* (we ********* **-*****). ******* all ***** ********** *** more (**** ** ***** I’m ******* ***) ********* made * ******** ***** name *** ********* ** a ***** ******** *** in *** ***, *’* happy ** *** ** affected ******’* ***** *** the ******.

Analysis

***** ** ** *** know ****** ***** **** went ***** **** *** final *******, *** *** factor ************ *** ***** inability ** ******** ***** early ***** **** ********* cameras. ********* *** ** the ***** ****** **** et ** **** **** the ******* *** ***** broke ******* **** *** mainsteam (****** *** ******* and ******** - *** other ********* ******* ** non-fisheye ** ******* ** the **** ***). *** example,*** **** ********* **** results****** ******** ** **** performance.

******* ****** ******* ** their ******* *****, ********* pivoted * *** ***** (for *******, **** **** cameras), ****** **** ******* cameras *** **** ******** the ******** ******* **** mention. **********, ******, ** believe **** *** ********** of ***** ** *********** panoramic ********** *** *** much ** ** *** been *** * ****** of ****** *** ******** that *******.

Comments (13)

*-*********, ** ********** *********** **** ******** **** ** ***** ************, *** ****** ** *********'* ******* ********.

****** **** ******** **** *-********* ********** ** * *********** *******, I ***** **** * ****** ********** **** ********** ****** * would **** ***** ***** **** ** ******* * ******* **-**** and **-******.

** **** ** * *** *** *-********* ******* **** **** from * "*** ***** **** ******" *****, ** * "****, figures" ***** *** **.

*********** ****** 👇

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

**** * ***** **** **. ************* ** **** **** *'** been ******* ** **** **** **** ******* ** **** *******.

***, *** *** * *****, ***** ***** **** * *****, they ******** ****** **** ***** *** ***** ******** ******* **** what **** *** ** ***** *** ***** ********** *** ******** to ****** **********.

*’* *** ***** ** ***** * *** ***** ** ***** treated ********, *’* *** ***** ** ***** *** ******* ** competition *** *’* ********* *** ***** ** ***** *****.

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

***** ***.

*** ** ****** *****'* ******* **/*** **-*** **** *********'*?

*** ** ****** *****'* ******* **/*** **-*** **** *********'*?

* ** **** *****'* ******* ** * *** ****** **** Sentry360, ****** ******* **** **** ***** * ****** ** ********* (e.g.,******** ***** **). **** ** ** *** **** ****, **** ***** ***** have ** ******** *** **** **** $* ******* ** ******* that.

**** ****, * ***'* **** ** *****'* ******* ** $* or $** ** $** *******. **** ** **** ** ** winning **** ***** *** ***** *** ******* * ***** ******.

* **** ***’* **** *** ********* ***** ** *** ******* comparison. * *** **** ** ******* *** ******* (** ***** aspects ** *** *******) ** ******** *** ***** **** **.

**** *** **** ***** #’* ** ********** ******* (** ******* capital **** *********. **** ******* ***** *** ** *** *** of **** = ** ***** ****.)

****-**** *** * **** ***** **** **** ** ***** **** with ****** +*** ** *.** **** +****.

**** *** *** **** **** @ *.** +****

**** ** ****** ** *.** -***

"*’* *** ***** ** ***** *** ******* ** *********** *** I’m ********* *** ***** ** ***** *****"

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

********* ** ********* ** *** **** (** ****** ***** ****** it *** *****)

****** ***** ***-.*** *** * ******** ***** ** ** ******** with. *******.

* ***

** ***** "***** ***** ** ***** ** ** ******* ****"

** **** **

/***

:) ******. *** ***** ******* ** **** **** *** *********** of ******* ** ** * ******** *****...

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

** **** **

/***

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

ADT Eliminating Acquired Brands, Unifying Under 'Commercial' Brand on Jun 14, 2019
ADT is eliminating the brands of the many integrators it has acquired over the past few years, including Red Hawk, Aronson Security Group (ASG),...
Avigilon 32MP and 12MP H4 Multisensor Cameras Tested on Jun 11, 2019
Avigilon has released their H4 Multi-Sensor line of cameras claiming "broad scene coverage and high image detail" We bought and tested the...
OpenALPR Doubles Prices on Jun 06, 2019
There is no 'race to the bottom' in cloud / AI video surveillance. In May, Verkada increased their prices. Now, OpenALPR is doing the same with a...
"New" Arecont Fixes Failures "Without A Fight" on Jun 05, 2019
The "old" Arecont was infamous not only for its camera failures but for making their "partners" fight to get them fixed. IPVM drew the ire of...
Vivotek 20MP Multi-Imager Tested on May 30, 2019
Vivotek has released their latest repositionable multi-imager camera, the MA9321-EHTV, a 20 MP model claiming "Supreme Night Visibility", "Optimal...
Pelco Sold Off, Now Independent on May 28, 2019
Pelco has been sold off by Schneider Electric, completing Schneider's terrible tenure, but giving Pelco a chance at life. IPVM spoke with...
ASCMA / Monitronics Declares Chapter 11 Bankruptcy Plan on May 22, 2019
Monitronics is entering into Chapter 11 bankruptcy. The company, also called Ascent Capital Group Inc., aka ASCMA, aka Brinks Home Security,...
Panasonic 32MP Multi Imager Camera Tested (WV-X8570N) on May 16, 2019
Panasonic has released their first multi imager models including the 32MP (4x4K) WV-X8570N, claiming "Extreme image quality for evidence capturing...
San Francisco Face Recognition Ban And Surveillance Regulation Details Examined on May 14, 2019
San Francisco passed the legislation 8-1 today. While the face recognition 'ban' has already received significant attention over the past few...
Milestone Execs on Financials, China and Future on Apr 29, 2019
Milestone has released a 44-page annual report for 2018, an atypical and unrequired move for a subsidiary of a large company, however, Milestone...

Most Recent Industry Reports

Security Dealer 'Social Media Contractor' Program on Jun 25, 2019
A $20,000 video surveillance system can be yours for free if you are willing to post on social media about the security dealer. Good deal, bad...
Axis Live Privacy Shield Analytics Tested on Jun 25, 2019
Privacy is becoming a bigger factor in video surveillance, driven both by increased public awareness and by GDPR. Now, Axis has released Live...
Directory of 55 Video Surveillance Startups on Jun 25, 2019
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known. 2019...
Hikvision ColorVu Camera Tested on Jun 24, 2019
Hikvision says their new ColorVu line captures "vivid chromatic images in darkness", with unconventional white light illuminations whereas most...
China Subway Facial Recognition System Examined on Jun 24, 2019
A China city of 6+ million people has installed facial recognition-enabled gates in subways, allowing commuters to enter stations by simply showing...
HID Mobile Tested on Jun 21, 2019
HID Global is one of the largest access brands, but their mobile access has had challenges. Indeed, the company has already restructured their...
Genetec Beats Milestone For IHS #1 on Jun 21, 2019
For years, Milestone has touted that they are the #1 VMS. Now, Genetec has beaten them in IHS rankings. But what is this? Even other manufacturers...
Risk of Amazon Alexa Guard: No Battery Or Cell Backup on Jun 20, 2019
Amazon positions its Alexa Guard Service as a "smart home security system" and says it can help you "keep your home safe". However, the...
Exacq Remote Cloud Access Tested on Jun 20, 2019
Remote cloud access has been missing from most VMSes (including Exacq and Milestone). Now, Exacq, after releasing Cloud Drive Storage earlier in...
Briefcam Buys Frost Award* on Jun 20, 2019
Frost 'awards' are well-known and widely disrespected. Now Briefcam is touting their win. The way it has worked for many years is that Frost...

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