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

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

  • Progressing in Capabilities

    Progressing in Capabilities

    Hazardous areas within industries like oil and gas, manufacturing, agriculture and the like, have long-sought reliable video surveillance cameras and equipment that can operate safely in these harsh and unpredictable environments. Read Now

  • A Comprehensive Nationwide Solution

    A Comprehensive Nationwide Solution

    Across the United States, manufacturing facilities, distribution centers, truck yards, parking lots and car dealerships all have a common concern. They are targets for catalytic converters. In nearly every region, cases of catalytic converter thefts have skyrocketed. Read Now

  • Planning for Your Perimeter

    Planning for Your Perimeter

    The perimeter is an organization’s first line of defense and a critical element of any security and surveillance program. Even if a building’s interior or exterior security is strong, without a solid perimeter surveillance approach any company or business is vulnerable. Read Now

  • The Key Issue

    The Key Issue

    It is February 2014. A woman is getting ready in her room on a cruise ship when she hears a knock on the door; it is a crewmember delivering breakfast. She is not presentable so she tells him to leave it by the door. Read Now

Featured Cybersecurity

New Products

  • Schlage RC reader controller

    Schlage RC Reader Controller

    This new innovative device combines the power of the Pure IP™ access control technology pioneered by ISONAS with Schlage’s intelligent hardware and credentials, delivering a comprehensive and cost-effective perimeter solution to customers. 3

  • Dahua 2-Wire IP Video Intercom System

    Dahua 2-Wire IP Video Intercom System

    Dahua Technology is introducing a new line of expandable 2-wire IP video intercom solutions for the North America market. The New 2-wire IP video intercom is more advanced, cost effective, and designed to help businesses increase their security. 3

  • Paxton10 CORE Cameras

    Paxton10 CORE Cameras

    The new CORE Series cameras feature edge processing for ultimate scalability, built-in edge storage, and plug-and-play installation. The addition of the CORE Series gives installers new hardware, better choice, and more value than ever before. 3