BriefCam, a Neve Ilan, Israel-based developer and provider of Video Synopsis solutions for the rapid review, analysis and indexing of surveillance video, received an investment from Motorola Solutions Venture Capital, the strategic investment arm of Motorola Solutions, Inc. (NYSE: MSI).
The amount of the transaction was not disclosed.
The company intends to use the funds to expand worldwide marketing and sales efforts.
Led by Dror Irani, CEO and president, BriefCam has developed patented Video Synopsis technology that enables the review of captured video for on-the-spot event tracking, forensics and evidence discovery.
The technology gives users the ability to review rapidly, compacting hours of events into a “brief” that takes minutes to view.
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, etc.
The company operates a US subsidiary, BriefCam, Inc. and maintains sales offices in Connecticut, USA and Shanghai, China.
FinSMEs
13/03/2013