Wednesday, July 09, 2008

VideoIQ Raises $10 Million in Second Round of VC - Bedford, MA

VideoIQ, a Bedford-based maker of video analytics, storage and networking technology for IP security cameras, announced on Wednesday that it has raised $10 million in its second round of venture capital, which was led by Lehman Brothers Venture Partners. Other investors in the deal include Matrix Partners and Atlas Venture. Launched earlier this year, VideoIQ’s technology offers real-time analytics that warn of threats, the ability to search for a particular person or vehicle, and an architecture that maximizes storage quality and minimizes network bandwidth requirements.


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