Eagle Eye Networks, Brivo raise $192M in investment 

AUSTIN, TEXAS & BETHESDA, MARYLAND — Cloud-based security solutions providers Eagle Eye Networks and Brivo have announced one of the most substantial investments in cloud physical security. 

Japanese giant SECOM, a top security integration company, has injected $192 million into the firms, divided into $100M for Eagle Eye Networks and $92M for Brivo.

Dean Drako is the majority owner of both Eagle Eye Networks and Brivo. Drako is the CEO of Eagle Eye Networks, founded in 2012. He also serves as the chairman of Brivo, having acquired a majority stake in the company in 2015.

“Both Eagle Eye and Brivo will use a significant portion of the investment to further develop AI that dramatically improves the security of enterprises and businesses globally,” explained Drako.

Eagle Eye Networks will dedicate its portion of the investment to expanding its AI capabilities like Eagle Eye Smart Video Search, Smart Alarms, and Vehicle Intelligence, and for global operations expansion. Eagle Eye is headquartered in Austin, Texas, with offices in Amsterdam, Bangalore, and Tokyo.

Meanwhile, Brivo will direct its share of the funds to accelerate sales and marketing and evaluate strategic acquisitions. The firm also plans to extend its presence in Europe, Latin America, and Asia Pacific, and improve the smart spaces and AI functionality in the Brivo Access Platform.

“Our investment in Eagle Eye Networks and Brivo, the market leaders in cloud physical security, is an investment in the mission our three companies share: to provide the best technology possible to keep businesses and communities safe,” said Sadahiro Sato, SECOM Managing Executive Officer. 

SECOM is a $15 billion enterprise in Japan and one of the biggest security integration firms in the world. It has a wide range of business offerings that include security services, business process outsourcing, and information and communications technology (BPO and ICT) services.