Verkada
Funding for Physical Security Startups 2023 / 24
June 5th, 2024Why is SECOM Investing in Eagle Eye Networks & Brivo?
May 29th, 2023
The Top 20 Smart Building Startups by Total Funding
Our new research discloses the highest-funded startups in the smart buildings space in the last two years. All of these companies each attracted over $220 million in total disclosed funding. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the […]
Funding in the Smart Buildings Space Declined 11% in 2022
This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]
Mapping the Strategic Direction of Siemens in Smart Buildings – Part 2
This Research Note examines the emerging strategic priorities of Siemens in the smart commercial buildings space. We have mapped acquisitions, mergers, strategic partnerships and investment activity to ascertain the growth ambitions of the Siemens Smart Infrastructure division; categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 2 of a 2-part analysis, is […]
Exploring Motorola’s Acquisition of Ava Security & 2021 Financials
Motorola Solutions has added another company to its growing portfolio of Security brands, this time with the acquisition of Ava Security, a vendor of cloud video surveillance and analytics. Terms of the deal were not released at this stage, but in keeping with previous Motorola acquisitions, they will probably be released in a future financial […]
Verkada Hack “Exposes How Broadly We’re Being Surveilled & How Little is Put into Securing IoT”
A damning IoT security breach occurred this week as a hacker group gained access to video surveillance feeds, as well as company and customer data, of Silicon Valley security startup Verkada. The hackers gained access to over 150,000 cameras, including those in Tesla factories and warehouses, Cloudflare offices, Equinox gyms, hospitals, jails, schools, police stations, […]
Everybody Wants their Space in the Booming Occupancy Analytics Market
The use of occupancy analytics has been a rising trend for buildings in recent years, driving productivity by helping enterprises balance occupant health and comfort with occupant density. As we come to terms with the return to the office being a stop-start process, applying occupancy levels in line with public health guidelines, we begin to […]
Decline in Q1 VC Investment in Smart Buildings Offset by Increase in Transaction Values
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. The number of Q1-2020 funding rounds in the smart buildings space declined 27%, but there was an increase of 84% in transaction values compared to Q4-2019. Venture capital financing is undoubtedly being impacted by COVID-19 but it is too early to say by […]
“as a Service” Gaining Real Momentum in Access Control & Video Surveillance
Access Control as a Service (ACaaS) and Video Surveillance as a Service (VSaaS) have long been touted as the next big thing in security. In 2018 they finally realised substantial growth and in the case of VSaaS, we believe the market broke through the $1Bn barrier. Some are forecasting demand will grow at a Compound […]