Tag: investment
Verkada reaches $5.8B valuation with investment from CapitalG
December 3, 2025SSN Staff
SAN MATEO, Calif. — Verkada, a provider of AI-powered physical security technology, has announced CapitalG is leading an investment at a $5.8 billion valuation - an increase of $1.3 billion since the announcement of its Series E in February.
Verkada expects the investment will accelerate its AI capabilities and may also enable liquidity for employees as the company surpasses $1 billion in annualized bookings.
"AI is fundamentally transforming how organizations protect people and...
RaySecur announces strategic investment from IQT
November 19, 2025SSN Staff
BOSTON — RaySecur, a provider of real-time 4D Terahertz (T-ray) imaging for concealed threat and contraband detection, has announced significant market momentum and investment from IQT, a strategic investor for the U.S. national security community.
The IQT investment comes on the heels of a breakthrough year for RaySecur, beginning with the launch of the MS400, the world's first commercial 400 GHz T-ray security imaging system. Powered by RaySecur's proprietary T-ray technology platform,...
Pimloc secures $5 million investment
July 7, 2025SSN Staff
SAN FRANCISCO, Calif. — Pimloc is fueling its global expansion across the United States, Europe, and beyond thanks to having secured a $5 million strategic investment.
The investment was led by Amadeus Capital Partners and Edge Ventures with Zetta Venture Partners, MD One, and Symvan Capital.
Pimloc called video the dominant form of data and recognizes that organizations must navigate increasingly complex demands around its transparency, compliance, and security. They noted that the global...
‘Artificial intelligence has been part of our DNA’ – says Becklar’s Bailey
January 17, 2025Ken Showers, Managing Editor
OGDEN, Utah — An investment by Graham Partners has led to a future full of possibility and opportunities, according to Becklar Enterprise Monitoring President Justin Bailey.
The announcement by Becklar in December 2024 called the investment “a significant step forward” for the 40+-year-old company that offers fire & security detection, critical event monitoring, live video intervention, remote guarding, personal emergency response systems (PERS), and lone-worker safety.
Security...
AE Industrial Sells Altus Fire & Life Safety to Apax Funds
September 3, 2024SSN Staff
NEW YORK — Altus Fire & Life Safety (Altus) has announced that it has received a strategic investment from funds advised by Apax Partners LLP (“Apax”), a global private equity advisory firm.
Financial terms of the transaction with AE Industrial Partners, a leading private equity firm specializing in national security, aerospace, and industrial services, were not disclosed. According to the company, Altus has grown rapidly in the past few years, both organically and via strategic...
Charlesbank makes investment in Quorum Cyber
June 7, 2024SSN Staff
EDINBURGH, Scotland — Quorum Cyber, a global cybersecurity firm, announced that it has received a strategic growth investment from Charlesbank Capital Partners (“Charlesbank”), a private investment firm with offices in Boston and New York.
Quorum said the new funding from Charlesbank will help them build on its success and accelerate its growth strategy, such as through talent recruitment and expanding its services to its global customer base.
"I am thrilled that Charlesbank...
Tyco invests in Qolsys
November 24, 2014Martha Entwistle
CORK, Ireland—Tyco International on Nov. 21 announced that it is making a strategic investment in Silicon Valley-based home automation solution provider Qolsys.
Launched at ISC West in 2013, Qolsys is a relative newcomer to the security industry.
“Qolsys has done some very interesting things,” David Grinstead, VP global sales for Tyco Security Products, told Security Systems News. He added that Tyco was drawn to Qolsys' “fresh, innovative approach to development.”
Grinstead...
FreightWatch raises $10m
July 26, 2010SSN Staff
AUSTIN, Texas—With an eye toward developing new technology and possible M&A activity, logistics security firm FreightWatch International announced this month a $10 million capital raise led by Bridge Investments, with help from Egis Capital and the Kroll family.
This is the first equity raise in the company's 12 years, said CEO Barry Conlon, and though it remains difficult to raise funds in this economy, "we see cargo theft really on the rise. We're seeing a demand and more and more requests...