Databuoy Corporation

Databuoy Corporation provides advanced security solutions specializing in gunshot detection technology. Its flagship product, SHOTPOINT®, enhances public safety through precise acoustic detection and localization of gunfire events. Databuoy Corporation, founded in 2007 in Vienna, US, focuses on developing advanced security solutions. The company has successfully completed 2 deals, with its most recent funding round occurring on January 1, 2017.

Databuoy raised USD 0. 25 mn from Quake Capital Partners, bringing its total funding raised to USD 0. 25 mn. Details about the founders or previous ventures are not available.

Databuoy specializes in advanced security and surveillance solutions, primarily through its flagship product, SHOTPOINT®, an integrated acoustic gunshot detection and localization system. This technology employs sound sensors to instantly detect and identify gunfire events both indoors and outdoors, and can accurately pinpoint the location of shots with a precision of less than 1 meter indoors and 2 meters outdoors. Databuoy’s systems also include a robust panic button feature, which captures incident details to assist first responders in emergency situations. Its target market comprises urban areas, public venues, educational institutions, and high-security facilities, with installations that have demonstrated effectiveness in areas characterized by high noise levels, such as entertainment districts.

Geographically, Databuoy's offerings cater to clients across North America, with growing interests in international markets where public safety is paramount. Databuoy generates revenue primarily through direct sales of its SHOTPOINT® system and associated services, which may involve subscription models for ongoing support and updates. The company engages in B2B transactions, providing its technology to government agencies, law enforcement, and private security firms that seek to enhance public safety measures in their jurisdictions. The structure of transactions typically involves installation fees, followed by recurring charges for maintenance and system integration with existing security frameworks.

Databuoy also offers its proprietary web-based application, KWIC, as part of its service package, which enhances communication and notification capabilities during active events. The revenue model is designed to ensure that clients benefit from continuous service improvements and reliability. Following the recent funding round in January 2017, Databuoy Corporation aims to expand its product offerings and enhance its market presence. The company is developing new features for the SHOTPOINT® system, targeting a release within the year.

Databuoy plans to expand its services into international markets, focusing on regions where public safety is a priority, with efforts intensifying over the next few years. The funding raised will be instrumental in supporting these initiatives, enabling the company to innovate and reach new customer bases.