Turnover at Arcules

By John Honovich, Published Jan 24, 2019, 10:22am EST

Canon / Milestone are putting tens of millions into Arcules - their bet on the future of the VMS market (see IPVM's Arcules test report).

But over the past half year, Arcules has had a rocky road, with significant turnover including at the executive level. Is this self-proclaimed 'bold' company on the right path or has too much money too fast been a problem for the corporate spin-out?

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Inside this note, we examine:

  • The turnover at Arcules
  • Hiring trends at the company
  • Ex-Arcules startup
  • Arcules CEO resonse
  • 2 recent Arcules executive hires
  • Risks For Milestone
  • Difficulty of Spinout
  • Cautious Optimism

Turnover ** *******

******* ******** ** ******* includes:

  • **** **********- "*** *** *******", June ****, *** ********* himself ** * "**** powered *** ********* ******"
  • *** **** [**** ** longer *********] - ***, June ****
  • ***** ********** [**** ** longer *********] - ********* Product *******, **** ****
  • ****** ****** ***** **** laid *** ~******** ****
  • ***** ******- **** ** ********** and *********, ******** ****
  • **** ******- ********** ***** ******** North *******, ******** ****

** ****, * ** the **-******* ********* (*** former ***, *** *** principal ******* *******) **** started * *** ******* named******* ***, ***** ******* ** "********* *** ******* ** Cognitive ******* ** *********** Awareness", ****** ******* **** description, *******'* *** **** IPVM **** ***** *** be ********* **** *******, explaining:

** *** ** ******* mode, *** ** *** disclose *** ******* ******* information ** **** *****. We *** ******** * very ********* ******* *** I ** *** ******** being ** * *********** position ** ******* ** all.

** *** *******, ******** Insights ***** ***** ****** in **** **** ** mid-2018, **** ** ******* down *** **** ******** declining **** ********:

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Arcules *** ********

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

******* ** **** ******* about ***** ** *** and ***** ** *** going **** *** *******, service, *** ****. **** industry ** **** *** innovation *** ** *** in *** ***** ***** at *** ***** ****.

** * ********** **** company *** **** ****** start-up, ** ********** ******* and ***** ** ******. Utilizing ********** ******** **** partners/customers ** ****** *** service ******** ** **** as *** ******* ******. We **** ******** ****** advisors *** *********** ** help ** **** ******.

** ** *** ******* on ********** *******, *** we **** **** ********* will **** *** **. It ** * *********** job ****** ** **********, especially *** ********* *********. We **** * ****** foundation **** *** ******* us ** *** ***** we *** ***** **** occasional ******* ** *** team *** ******** ***** the ***, ***** ** to ** ******** ** a ***** ******* ****** quickly ** * *** market. ** **** * strong ****** ******* *** company **** **** *** course.

***CTO *** *** ******* ** ********

******* *** ********** ***** include * ********** *** to *** ******** / surveillance ********:**** ******* ***** ******* ******* and**** *********** ***.

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*****'* **** ****** ****** experience *** ** * fractional *** *** ***** to ****, ** *** a ** ** ********* at ***** *** * decade. *********'* **** ****** listed ********** *** * years ** *** ** POPin [**** ** ****** available], * ******* **** 35 ********* ********* ****** on ******** [**** ** longer *********], **** ******** 'anonymous *************' ******** *** internal ******* **************.

******* ** **** *** any ***** ************ ******** experience *** *** ***** credentials, ***** ** ********** given *** ***** ** funding **** ******* ** drawing ****. ***** *******' aggressive ******** *** *** time ** ***** ** get **********, ** **** be *********** ** *** how **** ***.

Glassdoor ********** *******

******* *** *******'* *********** turnover, ** *** ************* ******* ********* ********** *** ***** ******* glowing ******** *******.

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'****' ** ******* ** Arcules *******:

  • "**** *********, ****, ***-*****, cakes, *** ****** *** pose ****** *****, ********** for ******* *** ***** sweets."
  • "***** ** ****** ** much ***** *** **** available, *’** ********** ****** some ******. *** ** least ***** ** * nice *** ********** ****** the ********** **** ****** me ** ******** *** on * ***** ******."
  • "******* *** **** **** balls ***."

** * ****** *** report ********, "*** ********* ******** ***** Their ********* *******", **** ** *** unique ** ******* *** a **** ** ***** aggressive ********.

Relatively ****** *******

*** ** *** ********** that ******* *** ** because **** *** ********** so ************* ** ********* existing ********, *******' ***** offering ** *** ****** what * ******* ~*-****-*** startup ***** ** **** to ***** (*** **** **** ******* of *******). **** ***** ******* a *********** ********* ******* VSaaS ****** **** *** building ***** ******** ******** anew.

** *** ***** ****, Arcules ***** *** ** compete **** ********* *** software, ********* ****** *********, rivals *****, *******, *** numerous ***** ****** *** providers.

Aggressive ******** / ***** **********

******* *** ***** ** aggressive ********, ** ********* by *** **** ****** in *** **** ** months *** ** *** company*** ********* ******:

***** *** ********* **** realized **** ******* ***** require ** ************* ****** of ********** *** ***** to ************ ******, *******, and ****** *** ********. In ***** ** ******** that ***********, ** *** to ****** *** *** company, *** ***** * dedicated ******** **** *** ground **.

**** ******** **** **** the ******** *** *** new *** * *** of ******** *** ********** about *** ******. **** has **** **** ***** is *** ******* ** building *** ***** ************. This ** **** **** clear *** **** *** outside ***, *** ********* of ****** ********** ***** Director ***** ******* ****** and *** ******* ** the ****** ***** ****.

*** **** ******* *** grow ******* ******* ** be ****, ***** **** the ***** ************** ********** and ******* ********* *** challenges. ********* ****** **** many **** ***** ** relatively ****** *******. ** contrast, ******* '***********' ****-**, as *** ******* *** described ** ** **, may ** ********** ** the **** ********** ********* common ** *** ***** surveillance ********.

Risk *** *********

********* *** **** ******** from *******' ********. ****** all ** *********'* ***** competitors, ********* *** ******** to ******* *** *** VSaaS ********, ********* ** Arcules ** ******* (************ ******** ********* **** Arcules). ** ******* ********, Milestone ****** ******** **** be ******** **** *** it **** ** ****** by *** ***** ** its ********* ** *******. However, ** ******* *********, Milestone ****** ******** *** be **** ******* *********** with ***** *** ***** with ********* *** ****** any ** *** *** VSaaS ** *****.

*******, ********* ** ********** some ** **** **** by *** ******* ********* mentorship ** ******* *** an **-********* ********, ******* Petterson [**** ** ****** available], *** ** *** Arcules ***.

Difficulty ** *******

*** ** *** ******** of ** ********* ******** out * *** ******* is **** *** *** company ** *** ******** or ********** ** *** ways ** *** *********. However, *** ** *** big ******** *** ********** is **** **** **** mature ********** - ****** engineering, *********, *** *****. Arcules, ** ******, *** none ** ****. ***, at ***** *** ***, they *** ****** ** figure ***, ********* *********, how ** ***** *** of ***** ** *** same ****.

Cautiously ******** *******

***** *****'* ********* *** long **** *******, ** are ******* ********** ******** about *** ****** *** Arcules. ***** * ******* / ******* ** ***** to **** ******** ** work *******, **** **** likely ** ******** *** patience *** ***** ** work ****** *** ***** they **** *** ******* of * **** **** developed *******.

Comments (5)

I have heard their interview process is strange... senior people/positions being interviewed by junior people and admins to decision by entire company consensus.  It is good to see some "gray hairs" in building as adult supervision may be needed, however not having experience/connections in the surveillance industry is not going to help them scale faster.

Agree
Disagree
Informative: 3
Unhelpful
Funny

Update: in the past 6 months, Arcules headcount has been flat, according to LinkedIn insights:

This is a bit surprising for a company that at the end of last year was talking so much about hypergrowth.

Agree
Disagree
Informative
Unhelpful
Funny

And now Arcules headcount has started to decline:

It's unlikely that this will continue for long, at least in the short term, since Canon and Milestone are behind this but even this temporarily is notable for a startup that just year could not stop bragging about hypergrowth.

Agree
Disagree
Informative: 1
Unhelpful
Funny

Arcules ex-CEO has now released an intro video for his company Cognize and it does seem somewhat a competitor to Arcules:

Its clear AI-focused but has a management interface, screencap:

And shows their own cameras:

Agree
Disagree
Informative: 3
Unhelpful
Funny

The CTO listed on the Cognize website doesn't appear to be part of that organization anymore (per LinkedIn).

Agree: 1
Disagree
Informative: 2
Unhelpful
Funny
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