Brivo
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Brivo - overview
Established
1999
Location
Bethesda, MD, US
Primary Industry
IT Security/Cybersecurity
About
Founded in 1999 and based in Maryland, US, Brivo Systems LLC operate as a smart building company that provides cloud-based physical access control and video surveillance systems. The company was founded by Carter Griffin, Tim Ogilvie, and Mark Stein. In May 2023, SECOM acquired Brivo for USD 92 million. As of 2023, the company’s CEO is Steve Van Till, and its services are available to clients in the United States and the Netherlands.
Brivo Systems provides cloud-based security solutions such as physical access control and video surveillance systems, smart security cameras, smart readers, control panels, and smart locks for small businesses, real estate, healthcare, manufacturing, government, education, and retail sectors. Its offerings also include Brivo Access, a cloud-based access control platform that analyzes data to provide insights, custom reports, and charts, and Brivo Snapshot, a video analytics product that uses machine learning on video data streams to provide facial and person detection.
Current Investors
SECOM
Primary Industry
IT Security/Cybersecurity
Sub Industries
Security Services, Consumer Electronics, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.brivo.com
Verticals
Cloud Computing, IoT (Internet of Things), IoT (Internet of Things), Mobile Apps
Total Amount Raised
Subscriber access only
Brivo - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Eagle Eye Networks | - | ||||||||
| LP Direct | Completed | Brivo | - | ||||||||
| Buyout | Completed | Brivo | - |
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