Brivo, Inc. is a smart building company providing cloud-based access control and video surveillance products for physical security and internet of things applications.[1][2]
 | |
| Company type | Private |
|---|---|
| Industry | Physical security |
| Headquarters | , |
Area served | Worldwide |
Key people |
|
| Products | Cloud access control system |
| Website | www.brivo.com |
Executive Leadership
editSteve Van Till is an early Brivo hire (initially as CTO) and today serves as CEO.[3] Dean Drako is chairman of the board.[4]
History
editBrivo was co-founded in 1999 by Carter Griffin, Tim Ogilvie and Mark Stein.[5] After completing a series A financing round of individual investors, the company secured an investment from IDEO Ventures, whose affiliate IDEO product design became its development partner for Brivo's first product – a last mile delivery solution for unattended and asynchronous delivery of parcels. In 2002, Griffin, Ogilvie and Stein transitioned the company to what became Brivo's primary market with the introduction of Brivo's building access control SaaS platform. [6] In 2002, Brivo introduced cloud-based access control to the physical security market.[7][8][9] The physical access control system works with door card readers and similar devices, and locks or unlock things once an individual has been authenticated.[10]
Brivo released the ACS5000 access control system in 2005, with Ethernet and GSM cellular connectivity options.[8] In 2007, Brivo introduced its XML application programming interface (API).[11] In 2017, Brivo introduced the availability of two new door access controllers, the ACS6000 and the ACS300, to complement its existing product lines, as well as integration with the Authentic Mercury open platform.[12]
Brivo introduced its IP door controller (IPDC) in 2011, an Ethernet access control panel in a compact form factor, with power over Ethernet and FIPS 140-2 validated encryption. IPDC used standard network cabling to the door.[13] In 2013, Brivo announced Brivo Onair, a cloud-based access control and video surveillance physical security system for businesses that automates facility access from one interface.[14][15]
As of 2015, Brivo stated its cloud-based access control system serviced more than ten million users and more 100,000 access points, such as doors and windows.[9][16]
In November 2022, Runway Growth Capital announced the closure of a long-term senior secured credit facility of $75 million to Brivo.[17]
In 2023, Brivo raised $92M in financing from SECOM.[18]
Products
edit- Brivo Access. Smart building tool built into the cloud-based Brivo access control platform that organizes and structures data to see events, patterns, with custom reports and charts.[19]
- Brivo Snapshot. Video analytics & forensic product for facial and person detection, using machine learning on combined access control and video data streams.[20]
Private acquisition
editIn June 2015, Brivo was acquired by Dean Drako, Barracuda Networks founder and former CEO, and current president and CEO of Eagle Eye Networks. Drako will serve as Brivo's chairman.[21][22][23][14][24]
Drako said he saw the opportunity to accelerate the cloud technology shift underway in the physical security industry by combining Brivo's cloud access control with cloud video surveillance from his company Eagle Eye Networks.[9] The two companies will continue to operate as separate entities.[1]
Acquisitions
editIn March 2020, Brivo announced it acquired Parakeet IoT company as part of its expansion into smart buildings.[25][26]
Recognition
editGartner named Brivo a “Cool Vendor in Identity and Access Management" for 2014.[27] In the same year, Brivo also released its Social Access Management API.[28]
At the 2018 ISC West Conference, Brivo ACS300 Wireless Access Controller won best product in the “Access Control Software & Controllers” category.[29]
External links
editReferences
edit- ^ a b Xconomy Dean Drako Acquires Brivo Cloud Access Control Company for $50 Million
- ^ DCInno IoT Startup Brivo Systems Bought For $50M By Texas CEO
- ^ City Biz Citybiz Interview with Steve Van Till, CEO of Brivo Retrieved Aug 17, 2021
- ^ Channel Futures Eagle Eye’s Dean Drako Grabs Brivo In $50 Million Deal Retrieved Jun 11, 2015
- ^ Johnston, Nicholas (2000-12-18). "DEAL OF THE WEEK". The Washington Post. Archived from the original on 2022-05-09.
- ^ CloudWedge Dean Drako, Owner of Eagle Eye, Buys Brivo in $50M Deal
- ^ Integrated Solutions for Retailers Brivo Systems Celebrates 15 Years of Service and Innovation
- ^ a b Security World Mag Brivo Systems - IP-based Security Solutions
- ^ a b c TMCNet Wheelings and Dealings: Security Entrepreneur Nabs Brivo for $50 Million
- ^ Venture Beat With great data comes great responsibility
- ^ "Brivo Introduces ACS6000 And ACS300 Door Access Controllers". Retrieved 2018-01-30.
- ^ "Brivo Introduces ACS6000 And ACS300 Door Access Controllers". Retrieved 2018-01-30.
- ^ SSI Brivo IP Door Controller
- ^ a b SDMMag Dean Drako Acquires Brivo, Will Combine Solutions From Brivo & Eagle Eye
- ^ Security World Hotel Brivo introduces Brivo Onair
- ^ Security Info Watch Brivo acquired by Eagle Eye Networks Founder Dean Drako for $50M
- ^ Security Sales & Integration Brivo Receives $75M Credit Facility From Runway Growth Capital. Retrieved January 14, 2023
- ^ TechCrunch Eagle Eye Networks and Brivo raise $192M in a joint round to boost cloud security business. Retrieved May 17, 2022
- ^ SDM Mag Brivo Access Delivers First-of-its-Kind Data Analytic Capabilities for Property Management Retrieved 12/1/2020
- ^ Security Sales & Integration Brivo Unveils ‘Snapshot’ to Deliver AI-Enabled Facial Detection Retrieved June 30, 2021
- ^ BizJournals Bethesda access-control company Brivo acquired for $50M
- ^ IHS Technology Dean Drako purchases Brivo – What does this mean for the industry?
- ^ Security Systems News Drako pays $50m cash for Brivo
- ^ Talkin’ Cloud Eagle Eye's Dean Drako Grabs Brivo In $50 Million Deal Archived 2015-06-26 at the Wayback Machine
- ^ "Brivo makes first acquisition in 20-year history” Security Systems News, March 3, 2020 [1]
- ^ "Brivo Adds Smart Building Capabilities With Parakeet Buy” Security Sales & Integration, March 3, 2020 [2]
- ^ Gartner Cool Vendors in Identity and Access Management, 2014
- ^ Security Sales & Integration Brivo Unveils SAM API at SXSW Conference
- ^ "SIA announces New Product Showcase Award winners | Security Systems News". www.securitysystemsnews.com. Retrieved 2018-11-03.