"According to JP Freeman, companies spend $3.5 billion on physical security every year and yet the sector has seen minimal innovation even as threats have increased-leaving businesses vulnerable," said Ted Schlein, Partner at Kleiner Perkins Caufield & Byers. "3VR trumps traditional physical security methods through the application of some of the most innovative technology coming out of Silicon Valley today. For the first time, companies and organizations can prevent loss, reduce expenses and accelerate investigation and recovery by turning vast amounts of raw video into intelligent, searchable, actionable data using the 3VR Intelligent Video Management System. 3VR is delivering the IVMS technology that will set the standard for physical security in the future."
Tuesday, January 17, 2006
3VR Security Closes $10 Million From Top Investors to Fuel Growth of the Intelligent Video Management System Market: Financial News - Yahoo! Finance
"3VR Security, Inc., pioneer of Intelligent Video Management Systems (IVMS) that convert raw, unstructured video feeds from security cameras into compact, intelligently structured searchable information, today announced that it has raised $10 million in Series B funding led by technology heavy-weight Kleiner Perkins Caulfield & Byers (KPCB), an innovator in providing venture and relationship capital services to entrepreneurs to build important new companies."
"According to JP Freeman, companies spend $3.5 billion on physical security every year and yet the sector has seen minimal innovation even as threats have increased-leaving businesses vulnerable," said Ted Schlein, Partner at Kleiner Perkins Caufield & Byers. "3VR trumps traditional physical security methods through the application of some of the most innovative technology coming out of Silicon Valley today. For the first time, companies and organizations can prevent loss, reduce expenses and accelerate investigation and recovery by turning vast amounts of raw video into intelligent, searchable, actionable data using the 3VR Intelligent Video Management System. 3VR is delivering the IVMS technology that will set the standard for physical security in the future."
"According to JP Freeman, companies spend $3.5 billion on physical security every year and yet the sector has seen minimal innovation even as threats have increased-leaving businesses vulnerable," said Ted Schlein, Partner at Kleiner Perkins Caufield & Byers. "3VR trumps traditional physical security methods through the application of some of the most innovative technology coming out of Silicon Valley today. For the first time, companies and organizations can prevent loss, reduce expenses and accelerate investigation and recovery by turning vast amounts of raw video into intelligent, searchable, actionable data using the 3VR Intelligent Video Management System. 3VR is delivering the IVMS technology that will set the standard for physical security in the future."
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