# VideoIQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/videoiq

- Industry: Software
- Headquarters: Bedford, US
- Website: www.videoiq.com
- Total disclosed funding: $29M
- Latest round: Series C (Jan 10, 2012)
- Investors on record: 6

## About

VideoIQ, Inc. is a technology company providing advanced video analytics and surveillance solutions, enhancing security and operational efficiency across various sectors globally.Founded in 2006 in Bedford, US, VideoIQ, Inc. specializes in video intelligence systems. The company was acquired by Avigilon Corporation in December 2013 for USD 32 mn, marking a strategic pivot in its operational focus. The CEO is Scott Schnell.VideoIQ specializes in advanced video analytics and surveillance technology, delivering innovative solutions to enhance security and operational efficiency. The company's core offerings include AI-powered video intelligence systems that integrate seamlessly with existing security infrastructures, providing real-time analytics for threat detection and incident management. These products serve a diverse clientele, including government agencies, commercial enterprises, and critical infrastructure operators across various sectors, such as transportation, retail, and public safety. VideoIQ’s solutions are operational in key geographical markets including North America, Europe, and Asia-Pacific, demonstrating the company's global reach and commitment to addressing the evolving challenges of security and monitoring in urban environments.Revenue generation for VideoIQ stems from a structured model that includes direct sales of core products and subscription services for ongoing software updates and support. Transactions occur through partnerships with system integrators and security firms, facilitating the deployment of VideoIQ's technologies in large-scale projects. The company’s flagship products include proprietary video analytics software and integrated security systems, sold to clients on a B2B basis with tailored pricing reflecting the unique needs of each customer. Various service levels are offered, ranging from basic software solutions to comprehensive packages that include installation and continuous monitoring.VideoIQ plans to enhance its product offerings by developing new video analytics solutions with anticipated releases in the upcoming quarters, aligning with technological advancements in AI. The company is also targeting expansion into the Asia-Pacific and European markets to capitalize on growing security demands by late 2024. The recent acquisition by Avigilon Corporation for USD 32 mn provides capital to support these initiatives, enabling VideoIQ to innovate and scale operations effectively.

## Funding rounds

- Series C, Jan 10, 2012, $3.5M — Atlas Venture, Matrix Partners, Tenaya Capital, Accomplice
- Series C, Sep 12, 2011, $7.5M — Atlas Venture, Matrix Partners, Cisco Systems, Tenaya Capital, Accomplice
- Series B, Jul 9, 2008, $10M — Atlas Venture, Matrix Partners, Tenaya Capital, Lehman Brothers
- Series A, Sep 12, 2007, $0.2M — Atlas Venture, Matrix Partners
- Series A, Apr 11, 2007, $8M — Atlas Venture, Matrix Partners

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B, Series C
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B, Series C
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series B, Series C
- Lehman Brothers (https://capitalatlas.ai/funds/lehman-brothers) — Series B
- Cisco Systems — Series C
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series C
