DVTEL, VIDEO SURVEILLANCE PROVIDER COMPLETED $9 MILLION CAPITAL INFUSION

What does DVTEL do?

DVTEL Inc. is a video management and surveillance systems provider. It helps create multi-sourced surveillance systems over different IP networks and is a market leader and innovator.

It provides scalable security networks and is state of the art. As a developer of end-to-end video surveillance systems it is a market leader and continues to develop new systems for different markets.

It has enterprise grade systems that high performance storage efficient HD IP cameras and techniques like the video analytics for outdoor intrusion detection technology.

With sights set on the minimizing the cost of operation, investment and ownership it aims to provide solutions over operations in five continents.

How much DVTEL was funded?

Dvtel secured $9 million in Private equity on the 18^th of May 2015 from investors Sea Coast Capital and Aegis Capital.

 Previous funding:

The company had a history of securing $2.5 million through debt financing from Orix Venture Financing on 29^th June 2011.

What is next for DVTEL?

With the recent funding the company hopes to increase its research and development segments and thereby channel the proceeds to the corporate plans for growth thereby increasing its foothold around the globe.

It also hopes to expand its market towards cybersecurity firms and also provide cyber defense firms with enterprise class video surveillance technology. The CEO of the firm reiterates that the capital investment from the investors is a testimony to the fact that the company is heading towards a global market.

More about DVTEL:

Founded in 2001 and headquartered in Ridgefield Park, New Jersey it currently has as many as 130 employees. It also has a global presence with offices in India, Mexico, Australia, UK, China and Singapore.

With close to around 10000 installations around a range of vertical markets worldwide it hopes to increase its base further.