Tag: Smartvue
Johnson Controls acquires cloud provider
April 4, 2018Paul Ragusa
MILWAUKEE—Johnson Controls announced this week that it has acquired Smartvue, an IoT and video provider that empowers cloud video surveillance and IoT video services. The addition of the Smartvue cloud-based video platform enhances Johnson Controls' offering of an end-to-end, cloud-based solution that can provide business data and intelligence to customers and added value to partners.“The addition of Smartvue's open API cloud architecture to the Johnson Controls portfolio bolsters our...
Smartvue gets $15m for IoTV play (Internet of Things Video)
April 29, 2015Martha Entwistle
NASHVILLE, Tenn.—Cloud video surveillance provider Smartvue announced this week that it secured $15 million in financing from Fortress Investment Group, a $67 billion firm.
I spoke to Martin Renkis, Smartvue founder and CEO, this morning and asked him what Fortress, which typically works with much larger companies, saw in Smartvue. Fortress likes Smartvue's vision of being "a major cloud platform in the video surveillance services business," Renkis said.
"[Fortress] saw what we saw,...