Milestone Systems, with U.S. headquarters in Portland, Ore., is celebrating 25 years of providing the security industry with its open platform video management software (VMS).
The Danish-based company was founded in 1998 by engineers John Blem and Henrik Friborg Jacobsen. The pair started the business from a basement and had approximately $11,500 in seed funding. Today, Milestone has annual revenues over $140 million and employs more than 1,200 people globally.