Dean Drako Acquires Brivo Cloud Access Control Company for $50 Million

  • Jun 11, 2015

Dean Drako and Brivo announced today that the company has been wholly acquired for $50 million by Dean Drako, entrepreneur, president and CEO of Eagle Eye Networks. As Brivo’s owner, Drako will serve as the company’s chairman, and Steve Van Till, Brivo’s president and CEO, will continue leading the company.

Brivo’s cloud-based access control system currently services over 6 million users and over 100,000 access points, providing feature-rich access control for small and medium businesses, along with unmatched scalability and centralized management for global enterprises.

“My goal was to acquire the physical security industry’s best access control system,” said Dean Drako. “Brivo’s true cloud architecture and open API approach put it a generation ahead of other access control systems. Cloud solutions provide exceptional benefits and Brivo is clearly the market and technology leader.  Brivo is also committed to strong, long-standing relationships with its channel partners, which I believe is the best strategy for delivering extremely high customer satisfaction.”

With this acquisition, Drako will apply the strategy and execution processes he used at his other successful companies, including Barracuda Networks, to leverage Brivo’s technology lead and growth trajectory.  In particular, Drako sees the opportunity to accelerate the cloud technology shift already underway in the physical security industry by combining Brivo’s cloud access control with his cloud video surveillance company, Eagle Eye Networks.

Immediate Business and Technology Acceleration following Acquisition

As a first step, Brivo will begin selling an integrated solution unifying Brivo OnAir cloud-based access control with Eagle Eye Networks’ cloud security camera system. The combined solution will offer a cloud based video surveillance and access control solution which is bi-directionally integrated using the open APIs from both companies. This will deliver:

  • Video verification of door events, with natively viewable and searchable video.
  • Door event visibility in video: Brivo OnAir door events will appear within the Eagle Eye Security Camera VMS.

Because Brivo and Eagle Eye are both cloud-based, the combined solution uniquely offers flexible deployment, with scalability and cyber-secure remote management. Sales will begin in July.

“We are extremely excited that Dean Drako has acquired Brivo and is serving as chairman. In addition to Dean's experience founding and leading Barracuda Networks to be a multi-billion dollar company, he has grown his latest company, Eagle Eye Networks, to be the technology leader in cloud video surveillance,” said Steve Van Till, president & CEO, Brivo.  “We both share the vision of delivering the tremendous advantages of cloud-based systems to our customers.”

Featured

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises. 3