Private | |
Industry |
Video surveillance Physical security |
Headquarters | Austin, Texas, United States |
Area served
|
Worldwide |
Key people
|
Founder & CEO Dean Drako |
Products | Cloud video surveillance system, Video API |
Website | www.eagleeyenetworks.com |
Eagle Eye Networks, Inc. is a company providing cloud-based video surveillance products for physical security and business operations applications.
Eagle Eye Networks was founded in 2012 by Dean Drako, Barracuda Networks' founder and former CEO. Drako said he started Eagle Eye Networks as a result of his frustrations with trying to deploy and use existing video surveillance systems for remote management while he was CEO of Barracuda.
The company and its first product, the Eagle Eye Cloud Security Camera Video Management System, were first publicly announced in January 2014. The company announced its channel partner program the following month.
Eagle Eye Networks announced a multimillion-dollar series B venture round investment in July 2014, which included an investment by Michael Dell’s private family venture fund, MSD Capital. Michael Dell stated that he made the investment primarily because of CEO Dean Drako’s prior success with Barracuda Networks. Enrique Salem, prior CEO of Symantec and Austin Ventures also invested in the round.
The company announced that it added a new data center in Austin, Texas in September 2014.
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. According to Diebold, Eagle Eye Networks had developed the industry's first cloud-based video solution with an open API.
Dean Drako, Eagle Eye Networks' CEO, wholly acquired Brivo cloud access control company for $50 million in June 2015. 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 Eagle Eye Networks’ cloud video surveillance. The two companies will continue to operate as separate entities.