Eagle Eye Networks, Inc. (EEN) is an American company providing
cloud-based
Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mult ...
video surveillance
Closed-circuit television (CCTV), also known as video surveillance, is the use of video cameras to transmit a signal to a specific place, on a limited set of monitors. It differs from broadcast television in that the signal is not openly tr ...
products
[Wall Street Journa]
The Daily Startup: Barracuda Networks Co-Founder Launches Video Surveillance Startup
/ref>
for physical security
Physical security describes security measures that are designed to deny unauthorized access to facilities, equipment and resources and to protect personnel and property from damage or harm (such as espionage, theft, or terrorist attacks). Physica ...
and business operations applications.
History
Eagle Eye Networks was founded in 2012Dean Drako
Dean Drako is an American businessman and entrepreneur who has started more than five companies. Drako was founder, president and CEO of Barracuda Networks from 2003 to July 2012. Drako is currently President and CEO of Eagle Eye Networks, IC ...
, Barracuda Networks
Barracuda Networks, Inc. is a company providing security, networking and storage products based on network appliances and cloud services. The company's security products include products for protection against email, web surfing, web hackers an ...
' founder and former CEO. Drako said he started the company after frustrations with trying to deploy and use existing video surveillance systems for remote management while he was CEO of Barracuda
A barracuda, or cuda for short, is a large, predatory, ray-finned fish known for its fearsome appearance and ferocious behaviour. The barracuda is a saltwater fish of the genus ''Sphyraena'', the only genus in the family Sphyraenidae, which was ...
.
The company and its first product, the Eagle Eye Cloud Security Camera Video Management System, were announced in January 2014.[Dow Jone]
Serial Entrepreneur and Ex-Barracuda CEO Launches Eagle Eye Networks to Take Video to the Cloud
/ref> The company announced its channel partner program the following month.
Eagle Eye Networks announced a multimillion-dollar series B venture round
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among ...
investment in July 2014, including an investment by Michael Dell
Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and philanthropist. He is the founder, chairman, and CEO of Dell Technologies, one of the world's largest technology infrastructure companies. He is ranked the ...
's private family venture fund, MSD Capital
MSD Capital is an American private Investment company, investment firm that manages the capital of Michael Saul Dell, Michael Dell and his family. The firm, which is based in New York City, New York and has offices in Santa Monica and West Palm B ...
.Enrique Salem
Enrique Salem (born 1965) was the president and CEO of software company Symantec from 2009 until 2012, and was a member of the U.S. President's Management Advisory Board. Prior to being CEO of Symantec he was the COO of Symantec.
Salem joined Bain ...
, previous CEO of Symantec and Austin Ventures
Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus o ...
also invested in the round.
The company announced a new data center in Austin, Texas in September 2014.
In February 2015, Diebold
Diebold Nixdorf is an American multinational financial and retail technology company that specializes in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs and currency processing systems), point ...
, financial self-service, security and services corporation, and Eagle Eye Networks announced an alliance to deliver cloud-based video services which would stream and store live and recorded video, generate notifications and support real-time analytics. According to Diebold, EEN had developed the industry's first cloud-based video solution with an open API
An open API (often referred to as a public API) is a publicly available application programming interface that provides developers with programmatic access to a proprietary software application or web service. APIs are sets of requirements that go ...
.
CEO Drako bought Brivo cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
access control company for $50 million in June 2015. Drako said he saw the opportunity to accelerate the cloud technology shift underway in the physical security industry by integrating Brivo's cloud access control with EEN cloud video surveillance. The two companies continued to operate separately.
In April 2017, EEN and Swift Sensors announced a partnership to deliver cloud-based wireless sensor and video surveillance across multiple industries, enabling users to check video as needed, based on sensor data.
In 2020, EEN raised $40 million in Series E funding from Accel for a total of $100 million since the company was founded in 2012. The company said it planned to use the funding to further develop artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
(AI) analytics on its cloud-based video surveillance platform, and to continue its growth. In 2023, it partnered with Brivo to raise 192 million to focusing on the use of AI related to physical security.
In 2023, EEN raised $100M in financing from SECOM. Drako continues to own the majority of Eagle Eye.
Products
Eagle Eye Cloud Security Camera Video Management System is a cloud-managed video surveillance system that links analog and IP camera
An Internet Protocol camera, or IP camera, is a type of digital video camera that receives control data and sends image data via an IP network. They are commonly used for surveillance, but, unlike analog closed-circuit television (CCTV) camera ...
s with an on-site bridge or cloud managed video recorder appliance which transmit the encrypted video recording to Eagle Eye's cloud data center.
The system supports mobile apps
A mobile application or app is a computer program or software application designed to run on a mobile device such as a phone, tablet, or watch. Mobile applications often stand in contrast to desktop applications which are designed to run on des ...
for system installation, remote video viewing, and system management, with alerts for motion detection, system tampering and camera malfunction. It also handles bandwidth
Bandwidth commonly refers to:
* Bandwidth (signal processing) or ''analog bandwidth'', ''frequency bandwidth'', or ''radio bandwidth'', a measure of the width of a frequency range
* Bandwidth (computing), the rate of data transfer, bit rate or thr ...
management, and supports user adjustment of how much video is stored in the cloud or on-premises.
The Eagle Eye Video API is an open RESTful API for integrators and developers to integrate video into their applications
Application may refer to:
Mathematics and computing
* Application software, computer software designed to help the user to perform specific tasks
** Application layer, an abstraction layer that specifies protocols and interface methods used in a c ...
. It provides a set of storage, analytics, indexing, and interfaces for building or integrating applications with both live and recorded video
Video is an electronic medium for the recording, copying, playback, broadcasting, and display of moving visual media. Video was first developed for mechanical television systems, which were quickly replaced by cathode-ray tube (CRT) syst ...
.
The company's AI Video Search utilizes artificial intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...
to enable searches for people and objects across all security cameras; the customer types in the description and then narrow results by date, time, location, and camera.
Recognition
The Eagle Eye Networks company launch was discussed in many publications, including MarketWatch, Computerworld, and ''The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'',CRN Magazine
''CRN'' is an American computer magazine. It was first launched as ''Computer Retail Week'' on June 7, 1982, as a magazine targeted to computer resellers. It soon after was renamed ''Computer Reseller News''.
History and profile
Originally laun ...
top 25 emerging company in July 2014.
Eagle Eye's founder and Dean Drako was named to Goldman Sachs' 100 most intriguing entrepreneurs list for 2014.
In November 2019, the Deloitte Technology Fast 500
The Deloitte Technology Fast 500 Awards are run and moderated by international professional services group Deloitte Touche Tohmatsu Limited. They recognize the 500 fastest-growing technology companies in regions around the world. Winners include ...
ranked EEN #133 of the fastest growing technology companies in North America, with 936% growth from 2015 to 2018.
In November 2020, EEN made the Deloitte Technology Fast 500 list of fastest-growing technology companies in North America for the second year in a row. The company ranked #187, with 652% growth from 2016 to 2019.[Security Sales & Integratio]
Eagle Eye Networks Named Fastest Growing Video Surveillance Company by Deloitte
Retrieved November 19, 2020
Acquisitions
Timeline
External links
*
References
{{reflist, 35em
Companies based in Austin, Texas
Electronics companies of the United States
Video surveillance companies
American companies established in 2012