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Pricing. Log In. Build Query: Funding Rounds . Save Search . Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved . Organization Name . Add Funding Rounds filter . 2020-07-31 Cisco announced that it acquired Modcam, a video analytics company headquartered in Malmӧ, Sweden.
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Today, Cisco announced that it has acquired Swedish For this reason, I am pleased to announce the acceleration of this evolution through Cisco’s acquisition of Modcam, a privately held, video analytics company headquartered in Malmӧ, Sweden. In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and cloud-managed cameras. ModCam will enable completely new types of computer vision applications across many different industries, while potentially challenging parts of the current network camera systems industry.
LISTA: Här är 9 techbolag från Malmö som du måste ha koll
Modcam raised $1568256 on 2015-06-25 in Seed Round. Search Crunchbase. Advanced Search. Try Pro free Solutions. Products. Resources. Resources.
Cisco acquired Meraki back in 2012 for $1.2 billion. Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside
Jul 31, 2020 According to Crunchbase figures, Modcam was founded in 2013 and raised $ 7.6 million. Cisco regained Meriki in 2012 for $ 1.2 billion. Share. Aug 9, 2017 Clarifai Source: CapitalIQ, Crunchbase 1.) AdasWorks 2.) Chronocam SAS 3.) Modcam 4.) Unispectral 5.) Movidius 6.) Pyreos 7.) TetraVue 1.
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Cisco acquired Meraki back in 2012 for $ 1.2 billion. Cisco Acquires Enterprise Wi-Fi Startup Meraki For $ 1.2 Billion In Cash. Fundings & Exits – TechCrunch. Share this: Companies in our listing of over 250 are predominantly building performance software focused, confirming that software is a key differentiator in intelligent buildings and has low entry barriers for new entrants.
Update: ArticStartup reports that the investment is “in the millions in Danish Kroner, but in the [hundred-]thousands in Euros”.
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Terms of the deal were not disclosed. Modcam, founded in 2013, has raised US$7.6 million in funding, according to Crunchbase. Cisco bought networking startup Meraki in 2012 for US$1.2 billion to go after the midmarket, the firm told Modcam has solved cross-camera tracking performed in the cloud by using a hybrid approach. The Modcam acquisition allows Cisco to bring this technology to the Cisco Meraki MV smart camera product set, enabling the scaling of the solution which will open it up to a broader customer base and bring additional capabilities to existing and future Cisco Meraki MV smart camera users.
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In the startup scene things have been moving. Besides Mapillary being acquired by Facebook, another acquisition has happened: Cisco scooped up Modcam. Founded in 2013, Modcam has developed a smart sensor for image analysis.