Tag: JVAX Investment Group

PSIM provider VIDSys announced last week that it's raised $15.65 million in one equity financing. The investment was lead by NewSpring Capital. Previous investors Atlanta Equity, Flybridge Capital Partners, JVax Investment Group and Motorola Solutions Venture Capital also participated in the round. I have a call into VIDSys and hope to speak to someone tomorrow about what the company plans to do with the new funds. NewSpring Capital, is based in Radnor, Pa. It invested through its technology and...

VIENNA, Va.–VidSys, a major PSIM provider based here, announced today it has closed a recent round of funding that includes Cisco. A company spokesperson would not disclose the size of Cisco's equity investment, but said the funding would be used to accelerate the PSIM maker's growth. "The PSIM market is really taking off," Kelly Fiedler, VP of marketing at VidSys, told Security Director News sister publication of Security Systems News. "We're seeing growth in a lot of areas and the funding will...