Eagle Eye Networks, Brivo Secure $192m Funding

$100 million will be put into Eagle Eye Networks and $92 million into Brivo. That's all the funding they're getting.

Eagle Eye Networks and Brivo got $192m in funding. These companies give security services to cloud infrastructure. They are from the US.

SECOM, a Japanese security services company, made the total equity investment.

$100m will go to Eagle Eye Networks, and $92m will go to Brivo.

Eagle Eye Networks and Brivo are different companies. They are both owned mostly by one person, Dean Drako. Eagle Eye Networks offers cloud video surveillance. Brivo focuses on cloud access control systems.

In 2012, Drako made Eagle Eye Networks and is now the CEO. He got most of the shares in Brivo in 2015 and is the chairman.

Eagle Eye Networks got money to boost AI and expand globally.

Brivo got money to boost sales and marketing, speed up making its product, and grow into important regions.

According to Drako, cloud and AI are the future for physical security. He said the SECOM investment reinforces this. Open platforms such as Eagle Eye and Brivo offer choice, efficiencies, and innovation. This investment will speed up these benefits for customers.

The businesses will also check out buying other companies. They will make their platforms smarter with AI.

Sadahiro Sato, a managing executive officer at SECOM, mentioned that the company has a long history of innovation that dates back to Japan's initial online security system designed for business purposes in 1966.

We invested in two market leaders, Eagle Eye Networks and Brivo. They provide cloud physical security. Our goal is the same as theirs: to keep businesses and communities safe. We want to offer the best technology possible to achieve this. That's why we invested in them.