Eagle Eye Networks raises $40 mn from VC firm Accel

Eagle Eye Networks, a leader in cloud video surveillance, has raised $40 million of Series E funding from venture capital firm Accel.
Eagle Eye NetworksEagle Eye is leveraging artificial intelligence (AI) on its cloud platform to reshape video surveillance and improve safety, security, operations, and customer service for businesses around the world.

Dean Drako, founder and CEO of Eagle Eye Networks, said: “Eagle Eye Networks now has the means and the technology to enable cloud video surveillance to transform how companies manage security and business operations, in the same way self-driving and electric cars are transforming transportation.”

Sameer Gandhi, partner at Accel, sai:, “Eagle Eye Networks pioneered the video surveillance industry’s move to the cloud, and AI applications will drive the industry’s next transformation. Eagle Eye is in the pole position to make this happen.”

Tens of thousands of companies in more than 90 countries moved their video surveillance to the cloud with Eagle Eye Cloud Video Management System (VMS), a smart cloud video surveillance solution.

Customers, including multi-family residences, smart cities, schools, hospitals, hotels, logistics, restaurants, and retail shops trust Eagle Eye for actionable business intelligence and proactive security.

Eagle Eye Cloud VMS offers central management, cloud reliability and redundancy, cost savings, and an open API video platform that provides a number of third-party integrations. Customers appreciate Eagle Eye’s inherent cyber secure design and extensive video encryption to protect their data and privacy.

The Eagle Eye Cloud VMS works with thousands of industry cameras and does not require customers to “rip and replace” their existing infrastructure.

Eagle Eye Networks, together with its partner Brivo, provide a seamless solution for cloud video surveillance and facility access control. Brivo is the worldwide leader in cloud facility access control.

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