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Eagle Eye Networks
Eagle Eye Networks, Inc. is a company providing cloud-based video surveillance products〔Wall Street Journal (The Daily Startup: Barracuda Networks Co-Founder Launches Video Surveillance Startup )〕〔ProgrammableWeb (APICON 2014: Applying APIs To Video Surveillance )〕
for physical security and business operations applications.〔Security Info Watch (Eagle Eye Networks enters VMS market )〕〔Storage Switzerland (Eagle Eye Networks brings the Cloud to Video Surveillance )〕
==History==
Eagle Eye Networks was founded in 2012 by Dean Drako, Barracuda Networks' founder and former CEO.〔Texas TechPulse (Eagle Eye Networks Takes On Cloud-based Video Security )〕 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.〔Mercury News (Barracuda Networks Founder’s Next Act )〕
The company and its first product, the Eagle Eye Cloud Security Camera Video Management System, were first publicly announced in January 2014.〔Dow Jones (Serial Entrepreneur and Ex-Barracuda CEO Launches Eagle Eye Networks to Take Video to the Cloud )〕〔Biz Report (Eagle Eye Launches cloud platform with data )〕〔AS Mag (Eagle Eye Networks announces new camera VMS )〕〔Austin Business Journal (Barracuda Networks co-founder tackles video surveillance )〕〔Government Security News (Dean Drako, former founder and CEO of Barracuda Networks launches Eagle Eye Networks )〕 The company announced its channel partner program the following month.〔The VAR Guy (Eagle Eye Debuts Partner Program for Cloud-Based Video Surveillance )〕〔IT Web (Eagle Eye unveils global channel programme )〕〔Channel Vision (Eagle Eye Debuts Channel Program for Cloud-Based Video )〕〔Security Sales & Integration (Eagle Eye Networks Unveils Channel Partner Program )〕
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.〔Wall Street Journal (VCs On Pace to Break Late-Stage Record )〕〔Reuters PE Hub (Michael Dell’s MSD Capital backs Eagle Eye Networks )〕〔Dow Jones (Serial Entrepreneur and Ex-Barracuda CEO Launches Eagle Eye Networks to Take Video to the Cloud )〕〔ChannelWeb (Michael Dell taps personal piggy bank for Eagle Eye investment )〕〔CRN (Michael Dell Invests In Cloud Video Surveillance Specialist Eagle Eye )〕 Michael Dell stated that he made the investment primarily because of CEO Dean Drako’s prior success with Barracuda Networks.〔Venture Beat (Michael Dell is funding this company to move surveillance cameras onto the cloud )〕〔Security Director News (Dell makes multi-million dollar investment in Eagle Eye Networks )〕 Enrique Salem, prior CEO of Symantec and Austin Ventures also invested in the round.〔IT Business (Dell leads funding round for cloud video surveillance firm )〕〔Security Sales & Integration (Eagle Eye Networks Receives ‘Multimillion-Dollar’ Investment From Dell )〕
The company announced that it added a new data center in Austin, Texas in September 2014.〔Government Video (Eagle Eye Networks Announces Cloud Video Data Center in Austin, Texas )〕
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.〔ATM Marketplace (Diebold, Eagle Eye Networks team up to offer cloud-based video services )〕〔Security Systems News (Diebold and Eagle Eye: API advocates ally )〕
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.〔Xconomy (Dean Drako Acquires Brivo Cloud Access Control Company for $50 Million )〕〔Security Info Watch (Brivo acquired by Eagle Eye Networks Founder Dean Drako for $50M )〕〔CloudWedge ( Dean Drako, Owner of Eagle Eye, Buys Brivo in $50M Deal )〕
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