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3VR

475 Brannan Street, Suite 430, San Francisco, CA, 94107, United States

Overview

3VR provides video intelligence solutions for real-time security and customer insights, used to protect employees, customers and assets and to improve store operations and shopping experiences. The company serves hundreds of global customers across financial services, retail, government, critical infrastructure and hospitality. Founded in 2002 and based in San Francisco, 3VR is privately held and has received funding from Kleiner Perkins Caufield & Byers, Menlo Ventures, DAG Ventures, In-Q-Tel, VantagePoint Ventures, and Focus Ventures. Management said 3VR is coming off a record year and is positioned for higher growth in 2015. Opus Bank provided $8 million of financing to support the company’s growth and global expansion plans. 3VR Security provides intelligent video search and analytics products used by banks, retailers, governments and law enforcement. Its core offerings include searchable video recorders (e.g., SmartRecorder ServerClass 100) and facial-recognition-enabled analytics. The company says it operates a large private video management deployment and has the most accurate facial recognition technology on the market. Founded in 2002 and based in San Francisco, 3VR serves hundreds of global customers and has partnerships with security-industry players such as PSA Network, Arecont Vision, Convergint Technologies, AFN Security, Sureview Systems, Fiserv and Hi‑Tech Solutions. The company recently added Aisling MacRunnels as chief marketing officer to support growth and expansion. 3VR intends to use new capital to continue developing its intelligent video search and analytics technologies, fight crime, improve safety and expand into global markets. 3VR Security builds video surveillance systems with a built-in search engine and advanced motion and facial recognition. Its image-recognition capabilities are marketed for use cases such as letting bank tellers identify known fraudulent check cashers. The San Francisco company serves about 600 clients across a wide array of sectors. 3VR plans to continue expanding its client base and diversifying its portfolio of surveillance products for different needs. In a fourth round of funding the company raised $12 million led by Menlo Ventures. It has raised $42 million to date from backers including DAG Ventures, Kleiner Perkins Caufield & Byers, In-Q-Tel and VantagePoint Venture Partners. 3VR Security provides video surveillance technology and is identified in filings as based in San Francisco. A regulatory filing cited by PE Week shows the company has secured $9 million of a planned $17 million Series C round. Return backers named in the filing include DAG Ventures, Kleiner Perkins Caufield & Byers and VantagePoint Venture Partners. The filing does not disclose use of proceeds, revenue, user metrics, or product roadmap. No additional financing instruments or deal terms were detailed in the article.

Total raised
$46M
Funding rounds
4
Latest round
Equity
Latest activity
Jan 2015

Industries

  • Analytics
  • Big Data
  • Data Integration
  • Enterprise Software
  • Security
  • Software
  • Video
  • Visual Search
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Recent funding

  1. Equity

    Jan 2015

    $8M

  2. Equity

    Dec 2010

    $17M

  3. Equity

    Aug 2009

    $12M

  4. Series C

    Sep 2006

    $9M

Team

No current team members are available.