Eagle Eye Networks, Inc. (EEN) is an American company providing
cloud-based
Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...
video surveillance
Closed-circuit television (CCTV), also known as video surveillance, is the use of closed-circuit television cameras to transmit a signal to a specific place on a limited set of monitors. It differs from broadcast television in that the signal ...
products
[Wall Street Journa]
The Daily Startup: Barracuda Networks Co-Founder Launches Video Surveillance Startup
/ref>
for physical security
Physical security describes security measures that are designed to deny unauthorized access to facilities, equipment, and resources and to protect personnel and property from damage or harm (such as espionage, theft, or terrorist attacks). Physi ...
and business operations applications.
History
Eagle Eye Networks was founded in 2012Barracuda Networks
Barracuda Networks, Inc. provides security, networking and storage products based on network appliances and cloud services.
History
Barracuda Networks was founded in 2003 by CEO Dean Drako, Michael Perone, and Zach Levow, and the company int ...
' founder and former CEO. Drako said he started the company after frustrations with trying to deploy and use existing video surveillance systems for remote management while he was CEO of Barracuda
A barracuda is a large, predatory, ray-finned, saltwater fish of the genus ''Sphyraena'', the only genus in the family Sphyraenidae, which was named by Constantine Samuel Rafinesque in 1815. It is found in tropical and subtropical oceans worldw ...
.
The company and its first product, the Eagle Eye Cloud Security Camera Video Management System, were announced in January 2014.[Dow Jone]
Serial Entrepreneur and Ex-Barracuda CEO Launches Eagle Eye Networks to Take Video to the Cloud
/ref> The company announced its channel partner A channel partner is a company that partners with a manufacturer or producer to market and sell the manufacturer's products, services, or technologies. This is usually done through a co-branding relationship. Channel partners may be distributors, v ...
program the following month.
Eagle Eye Networks announced a multimillion-dollar series B venture round
A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture fundi ...
investment in July 2014, including an investment by Michael Dell
Michael Saul Dell (born February 23, 1965) is an American billionaire businessman and investor. He is the founder, chairman, and CEO of Dell Technologies, one of the world's largest technology infrastructure companies.
As of May 2025, accordin ...
's private family venture fund, MSD Capital
DFO Management, LLC (formerly MSD Capital) is an American family office that manages the capital of Michael Dell and his family. The firm, which is based in New York City and has offices in Santa Monica and West Palm Beach, was formed in 1998.
...
.Enrique Salem
Enrique Salem (born 1965) was the president and CEO of software company Symantec from 2009 until 2012, and was a member of the U.S. President's Management Advisory Board. Prior to being CEO of Symantec he was the COO of Symantec.
Biography
Sa ...
, previous CEO of Symantec Symantec may refer to:
* Gen Digital, an American consumer software company formerly known as Symantec
* Symantec Security, a brand of enterprise security software purchased by Broadcom
Broadcom Inc. is an American multinational corporation, ...
and Austin Ventures
Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on ...
also invested in the round.
The company announced a new data center
A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems.
Since IT operations are crucial for busines ...
in Austin, Texas in September 2014.
In February 2015, Diebold
Diebold Nixdorf, Incorporated is an American multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing ...
, 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, EEN had developed the industry's first cloud-based video solution with an open API
An open API (often referred to as a public API) is a publicly available application programming interface that provides developers with programmatic access to a (possibly proprietary) software application or web service. Open APIs are APIs that ...
.
CEO Drako bought Brivo cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles, suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may ...
access control
In physical security and information security, access control (AC) is the action of deciding whether a subject should be granted or denied access to an object (for example, a place or a resource). The act of ''accessing'' may mean consuming ...
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 EEN cloud video surveillance. The two companies continued to operate separately.
In April 2017, EEN and Swift Sensors announced a partnership to deliver cloud-based wireless sensor
Wireless sensor networks (WSNs) refer to networks of spatially dispersed and dedicated sensors that monitor and record the physical conditions of the environment and forward the collected data to a central location. WSNs can measure environmental ...
and video surveillance across multiple industries, enabling users to check video as needed, based on sensor data.
In 2020, EEN raised $40 million in Series E funding from Accel for a total of $100 million since the company was founded in 2012. The company said it planned to use the funding to further develop artificial intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
(AI) analytics on its cloud-based video surveillance platform, and to continue its growth. In 2023, it partnered with Brivo to raise 192 million to focusing on the use of AI related to physical security.
In 2023, EEN raised $100M in financing from SECOM. Drako continues to own the majority of Eagle Eye. In 2024, Eagle Eyes's CEO Dean Drako was named a winner of the Ernst & Young Entrepreneur of the Year Award for the Gulf South Region.
Products
Eagle Eye Cloud Security Camera Video Management System is a cloud-managed video surveillance system that links analog and IP camera
An Internet Protocol camera, or IP camera, is a type of digital video camera that receives control data and sends image data via an IP network. They are commonly used for surveillance, but, unlike analog closed-circuit television (CCTV) came ...
s with an on-site bridge or cloud managed video recorder appliance which transmit the encrypted video recording to Eagle Eye's cloud data center.
The system supports mobile apps
A mobile application or app is a computer program or software application designed to run on a mobile device such as a phone, tablet, or watch. Mobile applications often stand in contrast to desktop applications which are designed to run on d ...
for system installation, remote video viewing, and system management, with alerts for motion detection
In physics, motion is when an object changes its position with respect to a reference point in a given time. Motion is mathematically described in terms of displacement, distance, velocity, acceleration, speed, and frame of reference to an obser ...
, system tampering and camera malfunction. It also handles bandwidth
Bandwidth commonly refers to:
* Bandwidth (signal processing) or ''analog bandwidth'', ''frequency bandwidth'', or ''radio bandwidth'', a measure of the width of a frequency range
* Bandwidth (computing), the rate of data transfer, bit rate or thr ...
management, and supports user adjustment of how much video is stored in the cloud or on-premises.
The Eagle Eye Video API is an open RESTful
REST (Representational State Transfer) is a software architectural style that was created to describe the design and guide the development of the architecture for the World Wide Web. REST defines a set of constraints for how the architecture of ...
API for integrators and developers to integrate video into their applications
Application may refer to:
Mathematics and computing
* Application software, computer software designed to help the user to perform specific tasks
** Application layer, an abstraction layer that specifies protocols and interface methods used in a ...
. It provides a set of storage, analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data sc ...
, index
Index (: indexes or indices) may refer to:
Arts, entertainment, and media Fictional entities
* Index (''A Certain Magical Index''), a character in the light novel series ''A Certain Magical Index''
* The Index, an item on the Halo Array in the ...
ing, and interfaces
Interface or interfacing may refer to:
Academic journals
* ''Interface'' (journal), by the Electrochemical Society
* '' Interface, Journal of Applied Linguistics'', now merged with ''ITL International Journal of Applied Linguistics''
* '' Inter ...
for building or integrating applications with both live and recorded video
Video is an Electronics, electronic medium for the recording, copying, playback, broadcasting, and display of moving picture, moving image, visual Media (communication), media. Video was first developed for mechanical television systems, whi ...
.
The company's AI Video Search utilizes artificial intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...
to enable searches for people and objects across all security cameras; the customer types in the description and then narrow results by date, time, location, and camera.
Recognition
The Eagle Eye Networks company launch was discussed in many publications, including MarketWatch
''MarketWatch'' is a website that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, a property of News Corp, along with ''The Wall Street Journal'' and '' Barron's.''
...
, Computerworld
''Computerworld'' (abbreviated as CW) is a computer magazine published since 1967 aimed at information technology (IT) and Business computing, business technology professionals. Original a print magazine, ''Computerworld'' published its final pr ...
, and ''The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'',CRN Magazine
''CRN'' is an American computer publication. It was first launched as ''Computer Retail Week'' on June 7, 1982, as a magazine targeted to computer resellers. It soon after was renamed ''Computer Reseller News''.
History and profile
Originally l ...
top 25 emerging company in July 2014.
Eagle Eye's founder and Dean Drako was named to Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...
' 100 most intriguing entrepreneurs list for 2014.
In November 2019, the Deloitte Technology Fast 500
The Deloitte Technology Fast 500 Awards are organized and overseen by the global professional services firm Deloitte, Deloitte Touche Tohmatsu Limited. These awards recognize the 500 technology companies with the highest growth rates across vari ...
ranked EEN #133 of the fastest growing technology companies in North America, with 936% growth from 2015 to 2018.
In November 2020, EEN made the Deloitte Technology Fast 500 list of fastest-growing technology companies in North America for the second year in a row. The company ranked #187, with 652% growth from 2016 to 2019.[Security Sales & Integratio]
Eagle Eye Networks Named Fastest Growing Video Surveillance Company by Deloitte
Retrieved November 19, 2020
Acquisitions
Timeline
External links
*
References
{{reflist, 35em
Companies based in Austin, Texas
Technology companies of the United States
Video surveillance companies
American companies established in 2012