Tag: Eyewitness Surveillance
Eyewitness Surveillance merges with Watchdog Virtual Guard
August 30, 2017Spencer Ives
HANOVER, Md.—Eyewitness Surveillance, a provider of remote video monitoring and other security services based here, is merging security solution provider Watchdog Virtual Guard into its operations.Eyewitness and Watchdog will not be operating independently, they will be “merged as one synergistic platform,” Rush McCloy, CEO of Eyewitness Surveillance, told Security Systems News. “One of the things that the transaction helps us achieve is just an even deeper focus and knowledge...
Eyewitness Surveillance receives $25m line of credit
September 21, 2016Spencer Ives
HANOVER, Md.—Eyewitness Surveillance, a provider of video analytics and monitored video surveillance based here, received a $25 million five-year revolving line of credit from Capital One, the bank announced in mid-September. At the same time, Eyewitness received a separate investment from private equity firm LLR Partners, based in Philadelphia.“The debt financing [from Capital One] is to help fund the future growth as we invest in our current customers as they expand their operations...
Eyewitness Surveillance secures $15 million
September 2, 2015Martha Entwistle
HANOVER, Md.—Eyewitness Surveillance, a provider and installer of video monitoring solutions for auto dealerships and metal recyclers, has received $15 million in new financing from The PrivateBank. Rush McCloy, Eyewitness CEO told Security Systems News that the funding will be used to “build out into new markets, hiring [sales and customer support] people, product development and enhancement.”Eyewitness Surveillance has revenue north of $5 million, has attrition of less than...
ACA/My Alarm Center adds CFO to help handle growth
April 10, 2013Tess Nacelewicz
MEDIA, Pa., and NEWTOWN SQUARE, Pa.—Alarm Capital Alliance, which also does business as My Alarm Center, is growing so much that it has created a CFO position and hired industry finance veteran Scott Peterson for the job.Company President and CEO Amy Kothari told Security Systems News that she and COO Gary Welsh had been sharing CFO duties for the national alarm company, based in Greater Philadelphia. But in April 2012, the company gained a new private equity partner, Norwest Venture Partners,...