posted at 03:51
Author: Kia Kokalitcheva
Thu, 31 Jul 2014 10:00:07 +0000
Michael Dell is funding this company to move surveillance cameras onto the cloud
One company, Eagle Eye Networks, is working to get that process going, and it has just scored a second round of funding of an undisclosed amount from Dell Computers founder Michael Dell. Eagle Eye provides cloud-based software that companies can hook to their existing cameras, making it more flexible and accessible. Eagle Eye puts all the video footage in the cloud and lets its customers wring out whatever analytics they want through its API. While Eagle Eye is doing the indexing of the footage, the identification algorithm is not something the company is currently doing. Since launching in January, it has more than 100 active dealers in the U.S. Drako said that installation is the hurdle in the whole process, so selling through resellers is the most efficient strategy for Eagle Eye. "The major reason I invested in Eagle Eye was because I believe in Dean Drako's execution as founder and long-time CEO of Barracuda Networks," Dell told VentureBeat via email. Drako started Eagle Eye Networks in 2014, and the company has offices in Austin and San Francisco. Eagle Eye Networks makes video security a lot easier.

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