3VR gets another $12m in funding

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08/19/2009
Seems people with money are still interested in betting on the future of video analytics and facial recognition. 3VR announced today another $12 million funding round, which brings their total raised to somewhere north of $40 million or so. This is what the new board member/investor has to say about it:
“In 3VR, you have a company that is offering new levels of innovation while continuing to provide its customers with the industry’s most sophisticated video management platform overall,” said Sonia Hoel Perkins, managing director at Menlo Ventures. “We have been impressed with 3VR’s incredible momentum, upside potential and ability to deliver completely unique technology in a broad and fast-growing market."
I'll have a story for the wire tomorrow, hopefully.