Drako continues to own the majority of Eagle Eye. In 2023, EEN raised $100M in financing from SECOM. In 2023, it partnered with Brivo to raise 192 million to focusing on the use of AI related to physical security. The company said it planned to use the funding to further develop artificial intelligence (AI) analytics on its cloud-based video surveillance platform, and to continue its growth. 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. 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. The two companies continued to operate separately. 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. ĬEO Drako bought Brivo cloud access control company for $50 million in June 2015. According to Diebold, EEN had developed the industry's first cloud-based video solution with an open API. In February 2015, Diebold, 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. The company announced a new data center in Austin, Texas in September 2014. Enrique Salem, previous CEO of Symantec and Austin Ventures also invested in the round. Michael Dell stated that he made the investment primarily because of CEO Drako's earlier success with Barracuda Networks. Įagle Eye Networks announced a multimillion-dollar series B venture round investment in July 2014, including an investment by Michael Dell's private family venture fund, MSD Capital. The company announced its channel partner program the following month. ![]() The company and its first product, the Eagle Eye Cloud Security Camera Video Management System, were announced in January 2014. 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. History Įagle Eye Networks was founded in 2012 by Dean Drako, Barracuda Networks' founder and former CEO. ![]() ![]() (EEN) is an American company providing cloud-based video surveillance products įor physical security and business operations applications.
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