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IPVideo Corp. gets $12m investment

April 17, 2013Martha Entwistle

BAY SHORE, N.Y.—IPVideo Corp., a VMS and PSIM provider that is launching a new video surveillance “fusion center,” has received a $12 million investment from Westbury Partners, the company announced April 12. Westbury Partners, a Long Island-based venture capital firm, made the investment in Advance Convergence Group, parent company of IPVideo and a separate systems integration company A+Technology and Security Solutions. The funds will be used primarily for IPVideo, according...

A+ Technology & Security Solutions, Advance Convergence Group, David Antar, IPVideo Corp., PSIM, Security Systems News (SSN), Video Management System (VMS), Westbury Partners