Risk
7/31/2006
05:45 AM
50%
50%

Covi Lands $15M

Covi Technologies announced that it has secured $15 million in additional funding

AUSTIN, Texas -- CoVi Technologies, Inc., the high definition video surveillance company, today announced that it has secured $15 million in additional funding bringing the company's total equity financing to date to $46 million. The funding round includes CoVi original investors: Oak Investment Partners, Polycom, Inc., and Walden International, as well as the addition of Centennial Ventures. CoVi will expand its sales and support globally to address the increasing demand for the CoVi Crystal HD video surveillance system, as well as continue investment in advanced technology development.

CoVi introduced its first product CoVi EVQ-1000 High Definition video surveillance camera in April 2004, which was awarded the International Security Conference (ISC) New Product Showcase Award for CCTV. CoVi's flagship product Crystal HD was delivered in September 2005. As the recipient of the Technology Innovation Award in Video Surveillance by analyst firm Frost & Sullivan, CoVi Crystal HD is the world's first and only video surveillance system employing High Definition technology over IP networks. Unlike other surveillance systems, Crystal HD uniquely provides unparalleled image quality in both live and recorded video, combined with bandwidth management features for network efficiency and information accessibility so users benefit from clearly discernable, accessible video for forensics and prosecution.

"With Crystal HD, we've established solid traction in multiple markets and are ready to embark on the next phase of our company's growth," said Barry Walker, President and CEO, CoVi Technologies, Inc. "We will be further advancing our market position by expanding sales and support functions in Europe and well as North America where we have seen increasing demand."

"CoVi has evolved an industry that has seen little innovation for two decades by delivering up to 16 times higher video quality to the mission- critical application of security," continued Walker. "With the support of our investors we will continue to deliver this essential solution to security professionals worldwide."

CoVi Technologies

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: You should see what I wear on my work from home days!
Current Issue
The Changing Face of Identity Management
Mobility and cloud services are altering the concept of user identity. Here are some ways to keep up.
Flash Poll
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio

The cybersecurity profession struggles to retain women (figures range from 10 to 20 percent). It's particularly worrisome for an industry with a rapidly growing number of vacant positions.

So why does the shortage of women continue to be worse in security than in other IT sectors? How can men in infosec be better allies for women; and how can women be better allies for one another? What is the industry doing to fix the problem -- what's working, and what isn't?

Is this really a problem at all? Are the low numbers simply an indication that women do not want to be in cybersecurity, and is it possible that more women will never want to be in cybersecurity? How many women would we need to see in the industry to declare success?

Join Dark Reading senior editor Sara Peters and guests Angela Knox of Cloudmark, Barrett Sellers of Arbor Networks, Regina Wallace-Jones of Facebook, Steve Christey Coley of MITRE, and Chris Roosenraad of M3AAWG on Wednesday, July 13 at 1 p.m. Eastern Time to discuss all this and more.