VideoIQ Raises $8 Million in First Round - Waltham, MA

VideoIQ, a Waltham-based provider of video surveillance analytics software, has raised $8 million in its first round of venture capital, led by Atlas Venture and Matrix Partners. VideoIQ is a spinout company from GE Security. The company's software is designed to provider better detection accuracy and far fewer false alarms than traditional systems, requiring human response only when "a real event" takes place.

http://www.videoiq.net/