Eagle Eye, Brivo Get $192 Million Infusion

Let’s say you want to grow your company, expand your reach outside of North America, and into just about every market on earth; a first thought might be money. Drako companies, Eagle Eye Network and Brivo now have $192 million to enhance that worldwide dream.

Dean Drako

Dean Drako, CEO of Eagle Eye Networks, the companies have received a $192 million investment from SECOM Co., Ltd., who happens to be one of the largest security integration companies worldwide.

“The SECOM investment underscores that cloud and AI are the future of physical security,” said Drako. “Both Eagle Eye and Brivo will use a sizable portion of the investment to further develop AI that dramatically improves the security of enterprises and businesses globally. The Eagle Eye and Brivo open platforms provide customers with choice, efficiencies and innovation, all of which this investment will accelerate.”

Both companies will use the funding to further product development with an emphasis on AI. Drako said this is a game changer where AI will watch video surveillance all the time. Both companies plan to expand their sales force and place a bigger emphasis on marketing.

Steve Till

As part of the Drako company group, Brivo founder and CEO Steve Van Till said his focus will be an expansion into the international marketplace, as well as moving into the South American market, where they currently have a light presence.

“We’re pleased to be able to bring our security solutions to underserved areas of the world,” Van Till said. “We know the security integrators are very sophisticated. We currently integrate with many third-party technology providers, including property management and Proptech platforms.”

Eagle Eye Networks will use the investment for continued development of its AI-based analytics capabilities such as Eagle Eye Smart Video Search, Smart Alarms, and Vehicle Intelligence and to grow its worldwide operations. Drako said that Eagle Eye Networks has a strong presence in North American and Latin America, and he feels like they are good in most European countries but expects expansion to grow Europe and Asia/Pacific regions.

While this is considered a mega investment, it does come with its challenges as AI technology gains a stronger foothold in the industry. Drako said AI is not particularly worrisome to him, but it is the bigger picture, such as driving cars or design of buildings that may cause a pause. He said that people tend to get lazy and there are ample amounts of erroneous information associated with the development of AI.

“People who are calling for a pause in AI are misguided,” Drako said. “Those same people do not understand the forces that are at work. Asking for a development pause is a joke. The competition will crush you.”

Van Till added that every technology ever invented has been littered with bad people. He said we should never U.S. competition to pause. China and Russia do not pause their efforts. Every tool ever created has been misused.

The growth of AI must include a trust of AI use. A recent poll showed that 91 percent of those involved wanted AI to be carefully managed and built as a global organization, global in scale, governance and research.

About the Author

Ralph C. Jensen is the Publisher/Editor in chief of Security Today magazine.

Featured

  • Security Today Announces The Govies Government Security Award Winners for 2025

    Security Today is pleased to announce the 2025 winners in The Govies Government Security Awards. The awards honor outstanding government security products in a variety of categories. Read Now

  • Survey: 60 Percent of Organizations Using AI in IT Infrastructure

    Netwrix, a cybersecurity provider focused on data and identity threats, today announced the release of its annual global 2025 Cybersecurity Trends Report based on a global survey of 2,150 IT and security professionals from 121 countries. It reveals that 60% of organizations are already using artificial intelligence (AI) in their IT infrastructure and 30% are considering implementing AI. Read Now

  • New Research Reveals Global Video Surveillance Industry Perspectives on AI

    Axis Communications, the global industry leader in video surveillance, has released its latest research report, ‘The State of AI in Video Surveillance,’ which explores global industry perspectives on the use of AI in the security industry and beyond. The report reveals current attitudes on AI technologies thanks to in-depth interviews with AI experts from Axis’ global network and a comprehensive survey of more than 5,800 respondents, including distributors, channel partners, and end customers across 68 countries. The resulting insights cover AI integration and the opportunities and challenges that exist with regard to security, safety, business intelligence, and operational efficiency. Read Now

  • SIA Urges Tariff Relief for Security Industry Products

    Today, the Security Industry Association has sent a letter to U.S. Trade Representative Jamieson Greer and U.S. Secretary of Commerce Howard Lutnick requesting relief from tariffs for security industry products and asking that the Trump administration formulate a process that allows companies to apply for product-specific exemptions. The security industry is an important segment of the U.S. economy, contributing over $430 billion in total economic impact and supporting over 2.1 million jobs. Read Now

  • Report Shows Cybercriminals Continue Pivot to Stealthier Tactics

    IBM recently released the 2025 X-Force Threat Intelligence Index highlighting that cybercriminals continued to pivot to stealthier tactics, with lower-profile credential theft spiking, while ransomware attacks on enterprises declined. IBM X-Force observed an 84% increase in emails delivering infostealers in 2024 compared to the prior year, a method threat actors relied heavily on to scale identity attacks. Read Now

New Products

  • Mobile Safe Shield

    Mobile Safe Shield

    SafeWood Designs, Inc., a manufacturer of patented bullet resistant products, is excited to announce the launch of the Mobile Safe Shield. The Mobile Safe Shield is a moveable bullet resistant shield that provides protection in the event of an assailant and supplies cover in the event of an active shooter. With a heavy-duty steel frame, quality castor wheels, and bullet resistant core, the Mobile Safe Shield is a perfect addition to any guard station, security desks, courthouses, police stations, schools, office spaces and more. The Mobile Safe Shield is incredibly customizable. Bullet resistant materials are available in UL 752 Levels 1 through 8 and include glass, white board, tack board, veneer, and plastic laminate. Flexibility in bullet resistant materials allows for the Mobile Safe Shield to blend more with current interior décor for a seamless design aesthetic. Optional custom paint colors are also available for the steel frame.

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.

  • 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.