Cobalt Robotics is a physical security service provider that builds indoor autonomous robots to make security and facility operations more effective. Today, the company announced that it has raised $35 million in Series B financing. The financing was led by global technology investment firm Coatue, and is intended for geographic expansion of services throughout the domestic United States.
What does it take for a security business to grow in today’s environment of increased competition and staffing shortages? Brivo gets a lot of questions from security integrators about how to build a successful security business.
After acquiring ARD last April, VITAPROTECH Group, a European provider of access control and security systems and technologies for critical sites, is continuing its growth strategy with the implementation of its internationalization strategy, and has purchased TDSi, a manufacturer of integrated access control systems in the U.K.
Most integrators have gotten the message that product and installation revenues alone are not sufficient to support a healthy organization in the long term. It’s also clear that the value of your business can be exponentially increased if you derive significant revenue from recurring sources. As a result, many integrators are searching for avenues to increase RMR.
IntelliVision Technologies Corp., a subsidiary of Nortek Security & Control that provides AI and deep learning video and audio analytics software for smart cameras, has been identified as a “Hot Vendor in Image and Video Analytics” in a 2019 report by Aragon Research Inc.
Founded in 1999, Advanced Wiring Solutions (AWS), an Alsip, Ill.-based low voltage systems/solutions provider, started with only Mike Sanfratello. Today, it has grown in its 20 years as a specialized resource offering extensive cabling solutions to hundreds of clients every year.
The 2018 Future of Physical Security study conducted by Microsoft and Accenture found that the threat landscape has changed in recent years. “The digital revolution has transformed the world in a multitude of positive ways — but it has inadvertently created new threats,” the study noted in its introduction. The survey of 200 senior physical security leaders across multiple industries described the physical security industry “at various levels of maturity, and at worst a decade behind” when it comes to its response to the digital transformation.
Guardian Protection, a security solutions provider, today announced a new partnership with Minor League Baseball (MiLB) to become the “Official Smart Home Security Partner of MiLB” and the “Preferred Partner” of targeted Minor League Baseball teams across the country.
In our September issue, we present the "The Bigger Picture of Enterprise Access Control". See "Low Light Camera Performance Continues Its Rapid Rise" and find out how "Transformative Leadership: The Past Can Predict the Future" in this month's SDM Magazing.