VidSys Raises $15.65M Equity Financing

Funding Rounds

▤ Summary

VidSys, a Vienna, Virginia-based provider of Physical Security Information Management (PSIM) software, raised a $15.65m equity financing.In conjunction with the funding, Marc R. Lederman, NewSpring General Partner, joined VidSys’ Board of Directors.Founded in 2005 and led by Michael P. Jackson, chairman and CEO, VidSys provides a PSIM software platform to run operations centers for public sector agencies and leading businesses globally.The platform continuously correlates vast amounts of data gathered from any number or virtually any type, brand or generation of physical security system or sensor, as well as from networked management applications to provide actionable intelligence that allows decision makers from a single organization or multiple entities – however geographically dispersed – to collaborate in real time.The company also has offices in Massachusetts, the United Kingdom, the Middle East and Brazil.

$ Funding

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Amount $15.7M Total raised
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Date July 25, 2013 Announcement date
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Investors NewSpring Capital, Flybridge Capital Partners Lead investors
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Company http://www.vidsys.com Funded company

▥ Classifications

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applications
Data Management

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▦ Linked Companies

VidSys
$5M to $10M