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More money for VideoIQ

 - 
Wednesday, January 11, 2012

VideoIQ yesterday announced it received $3.5 in funding from existing investors Atlas Venture, Matrix Partners and Tenaya Capital.
 
This is an expansion of a Series C funding round. In September, the company got $7.5 million in September from the above investors and another existing investor, Cisco.

Also in September, VideoIQ named Ed Bednarcik as its new CEO. Bednarchik, who is known for readying companies for IPOs, replaced Scott Schnell.

The company, which makes IP cameras and encoders with on-board storage and built-in self-calibrating analytics, said funding will be used to expand sales and product development teams. It also announced "record growth" over the past year. I’m currently enroute from the ESI Forum in Dallas to Maine, but am looking forward to getting more details from Ed Bednarcik during an interview tomorrow. I’ll have more on this deal, and the ESI Forum, in stories later this week.

Talking about new entrants in Dallas

 - 
Tuesday, January 10, 2012

I’m in Dallas at the ESA Leadership Conference and ESI Forum.

If you’re at the event, check out the educational session I’m moderating today. It’s called "What the Arrival of New Industry Entrants Means for your Business"

The panelists are Joe Nuccio, CEO of ASG Security, and John Loud, president of Loud Security. We’ll be talking about  the cable and telco companies that are playing in security now.

There are seven at last count, and they’re not all taking the same approach. We’re going to take a look at who the new entrants are, analyze their offerings and approach, and talk about what traditional security companies should keep in mind as the competitive landscape shifts.

The session begins at 1:45 today. See you there.