Evolv is one of the newest physical security unicorns, raising nearly $500 million earlier this year, and now rapidly expanding its sales organization. We spoke with Evolv's CRO A.J. De Rosa who declared that Evolv is a "channel first...
By Isabella Cheng and John Honovich - 1 day ago
While both sales and brand are important to businesses, often companies rapidly and happily grow sales while brushing off long-term damage to the company's brand. This might even be the 'rational' economic approach but often, years later, the...
By John Honovich - 4 days ago
With the NDAA ban and the impending FCC ban, long-time Hikua promoter ADI has been seeking alternatives. ADI USA added UNV (Uniview) recently but then removed them, hours after IPVM inquired. In this note, we examine this move, how it impacts...
By Ethan Ace - 6 days ago
20 Dahua partners have submitted comments to the US government, urging the FCC not to ban Dahua despite Dahua admitting 2 more major vulnerabilities this month. Dahua dealers join Hikvision ones petitioning the US government, though 50+...
By Robert Wren Gordon - 13 days ago
Agent Vi, one of the oldest video surveillance analytics developers, has been acquired by Irisity, a publicly-traded, though mostly unknown, Swedish company. Inside this note, based on feedback from Irisity CEO Marcus Bäcklund, we examine the...
By John Honovich and Sean Patton - 18 days ago
Dahua posted strong ~37% H1 2021 revenue growth, rebounding from 2020, when sales declined slightly as the pandemic progressed . In this report, we examine Dahua's H1 2021 financials, including: H1 2021 revenue Domestic v. Overseas...
By Isabella Cheng - 20 days ago
Having gone public earlier this year, raising nearly a half billion, Evolv released its first public financials, with Q2 2021 revenue up 590% year over year, though from a very low base. In this report, IPVM examines Evolv's Q2 2021...
By Isabella Cheng - 21 days ago
97 Hikvision partners have submitted comments to the US government, urging the FCC not to ban the PRC China government-controlled manufacturer. This comes shortly after Hikvision mass emailed partners urging them to submit comments to the FCC...
By Robert Wren Gordon - 21 days ago
One of the biggest names of a previous era has come out of retirement to join one of the most ambitious companies in video surveillance. Just a month after Turing Video raided Hikvision USA, hiring 30+ of their employees, Turing Video has...
By John Honovich - 22 days ago
While foreign companies are increasingly moving manufacturing to Vietnam, Bkav is the first domestic Vietnam company claiming to both develop and manufacture video surveillance in Vietnam, with its "AI View". We spoke with company VP Tommy Le...
By Ethan Ace and John Honovich - 26 days ago
Last month, Flock Safety received $150 million from mega VC firm A16Z and, at the same, installed 98 LPR cameras in a Florida county, free of charge, without the knowledge of key county officials and without proper permits. But despite the...
By Isabella Cheng - 26 days ago
SmartRent went public today, raising ~$500 million at a $2.2 billion valuation, bigger than Latch's SPAC earlier this year. SmartRent touts its open architecture and being hardware agnostic, as a differentiator vs Latch. In this report, IPVM...
By Isabella Cheng - 27 days ago
The owner of the Georgia integrator who sold 70 Hikvision fever cameras which were recently shut down spoke to IPVM at length and explained what happened, from his perspective. Inside this note, Billy Ray Griffith of Ultimate Security spoke...
By Robert Wren Gordon - 28 days ago
Hikvision USA employees were defiant, with the organization's longest-tenured employee, Brad Heckelman, delivering an impromptu 3-minute speech at the start of an ADI Philadelphia Expo presentation addressing rumors and declaring that Hikvision...
By Gurami Jamaspishvili and Donald Maye - about 1 month ago
Vivint's new CEO emphasized 'a few bad apples' and that 'no company' is 'perfect' responding to questions about US government actions against his company's unethical and illegal actions. In this report, IPVM examines the Vivint CEO's...
By Isabella Cheng - about 1 month ago
As bans against Dahua and Hikvision rise (from Taiwan's ban to the US NDAA ban to an impending FCC ban and a recommended UK ban), people around the world are looking for alternatives and to understand if and how global manufacturers can fill the...
By Ethan Ace - about 1 month ago
Verkada is falsely and manipulatively alleging its facial recognition is "not facial recognition" and is "very different from facial recognition" as legal bans and ethical concerns rise against facial recognition. This became a public issue...
By Isabella Cheng and John Honovich - about 1 month ago
A US security company was fined $9.85 million by the FTC in 2020 for calling consumers on the National Do Not Call Registry, demonstrating the FTC will enforce the law against abusive telemarketing. In this report, IPVM examines the case,...
By Isabella Cheng - about 1 month ago
Hikvision, Dahua, Huawei, ZTE, AnyVision, and NTechLabs are among more than a dozen industry companies named in a recent report by US-based NGO Access Now as having sold technology to Latin American governments “without sufficient transparency or...
By Robert Wren Gordon - about 1 month ago
Motorola Solutions has disclosed it paid $297 million for Openpath, the 5-year old access control startup, it announced acquiring last month. $297 million is a significant amount for a company with such a low revenue base but investors are...
By John Honovich - about 1 month ago
RaySharp has gone public driven by its manufacturing for partners such as Hanwha, Huawei, Lorex, and Swann. However, its financials were mixed as one of these customers declined sharply and another ramped up. In this report, IPVM examines...
By Isabella Cheng - about 2 months ago
Wyze has raised $110 million, more than 3 times its total previous VC funding, as the company, with fast top-line growth, has struggled with low gross margins. Inside this note, we examine this new round, the challenges the company faces,...
By John Honovich - about 2 months ago
Huawei, China's biggest technology manufacturer, has selected RaySharp, a far smaller surveillance specialist to manufacture surveillance cameras. In this report, IPVM examines the new partnership, the effect on RaySharp’s revenue, and the...
By Isabella Cheng - about 2 months ago
Huawei video surveillance overseas is typically project-based but Huawei is now expanding into the Russian mass-market sales. This fits with Huawei's intentions to enter the “Top Three Global Position” in video surveillance. Inside this...
By IPVM Team - about 2 months ago
Hikvision has financially rebounded from the pandemic when sales briefly declined with strong 40% H1 2021 revenue growth, led by its domestic market. Europe sales were strong while US sales shrank, says Hikvision. Inside this note, we examine...
By Charles Rollet - about 2 months ago
