Motorola Invests in BriefCam
Motorola Solutions Inc.,through its strategic investment arm Motorola Solutions Venture Capital, announced its investment in BriefCam, a developer and provider of video synopsis solutions for the rapid review, analysis and indexing of surveillance video. The funds will be used to expand BriefCam's worldwide marketing and sales activities.
BriefCam's patented video synopsis technology enables the rapid review of captured video — with an index to the original source, whether video feed or archival footage — for on-the-spot event tracking, forensics and evidence discovery.
BriefCam fulfills the need to browse video, investigate and identify incidents rapidly, and take action. Its award-winning video synopsis technology gives users the ability to review rapidly, compacting hours of events into a "brief" that takes minutes to view. The company's customers include police, military, border control and other Homeland Security agencies, as well as security operations at municipalities, transportation authorities, building and campus security offices, retail loss prevention and more.
This investment is Motorola Solutions' second in the Israeli market and third in the surveillance video space since 2011.
"We have been looking into various companies in the Israeli hi-tech industry, specifically in the area of public safety technologies," said Boaz Or-Shraga, managing director, Motorola Solutions Venture Capital. "We were happy to find a great investment like BriefCam to expand our exposure in the growing video space. The substantial growth in the amount of surveillance videos created each year provides new opportunities for public safety and other industries, and we're glad to seize such an opportunity."
"BriefCam is delighted to welcome Motorola Solutions Venture Capital as an investor and strategic partner," said Dror Irani, CEO and president of BriefCam. "It is our hope that Motorola Solutions' experience and global presence opens new opportunities for BriefCam in areas such as public safety, safer cities and law enforcement, as well as enterprise and retail. We expect Motorola Solutions' global presence will also assist BriefCam greatly in accelerating penetration of new geographic regions where we have not been active to date."