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Ron Nash named CEO of Pivot3

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11/06/2013

AUSTIN, Texas—Ron Nash is the new CEO of storage provider Pivot3.

Pivot3 gets $14m infusion

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10/30/2013

AUSTIN, Texas—Pivot3’s new $14 million credit facility will propel the storage provider’s move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.

BCDVideo expands West Coast presence

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05/08/2013

NORTHBROOK, Ill.—BCDVideo, a provider of IP security storage systems based here, has partnered with San Lorenzo, Calif.-based Premier IP Video Solutions to represent its IP video server products on the West Coast, according to a company statement.

Pivot3 eyes service and software for growth

CEO Rich Bravman calls goal 'imminently doable'
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02/27/2013

AUSTIN, Texas—Pivot3, a $31 million provider of storage appliances for video surveillance and virtual desktop infrastructure (VDI), plans to increase the percentage of its revenues that it derives from services to north of 25 percent, CEO Rich Bravman told Security Systems News.

Vivint in top 50 of Forbes’ top 100!

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Wednesday, February 20, 2013

Vivint made it into Forbes’ annual ranking of America's Most Promising Companies this year, marking the first time the Provo, Utah-based home automation/home security company was named to the exclusive list.

And with a ranking of 46 out of the 100 privately held companies listed, Vivint—which bills itself as the largest home automation services company in North America--actually made it into the top 50 of those successful businesses.

Revenue growth and hiring are two factors used to determine which companies make the list. Forbes lists Vivint’s revenues as $400 million and the number of its employees as 2,533.

Pivot3, an Austin, Texas-based provider of video surveillance storage solutions, is the other security company on this year’s list. Ranking #74, Pivot3 has $31 million in revenue and 92 employees, according to Forbes.

Vivint President Alex Dunn told Security Systems News, “It’s really nice to have third-party validation of what we're trying to accomplish … and it will help bring credibility to our strong management team and the company. But, in the end our success is not based on what awards we win and don’t win, but on how we take care of our customers and how we innovate around products and services [ensuring they’re] simple to use and affordable.”

Here’s more from Vivint’s news release on the Forbes’ list.
 

Vivint's inclusion on Forbes' list comes after a momentous year for the company, in which it crossed the threshold of $30 million in recurring monthly revenue--one of only three companies in its industry to achieve this milestone. Since 2007, the company has experienced a growth rate of 400 percent. Acquired in 2012 for more than $2 billion by Blackstone [http://www.securitysystemsnews.com/article/blackst..., Vivint was selected to the Forbes list for its growth (in both sales and hiring), the quality of its management team and its investors, product strength, margins, market size, and key strategic partnerships.

One metric never says it all. For the Most Promising list, Forbes strove for a holistic gauge of young, privately held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months, Forbes reviewed thousands of applications. Forbes turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that Forbes uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, Forbes produces a final ranking.

To view the complete 2013 list of America's Most Promising Companies, visit www.forbes.com.

 

Pivot3 named to Forbes list of most promising companies

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02/07/2013

AUSTIN, Texas—Pivot3, a provider of video surveillance storage solutions, has been recognized in Forbes’ annual ranking of America’s most promising companies, according to a company statement.

Genetec certifies Pivot3 storage solution

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12/11/2012

MONTREAL—Genetec, a provider of IP solutions for physical security based here, expanded its list of qualified storage solutions with the certification of Pivot3 vSTAC Watch storage and computer appliances, according to a company statement.

Pivot3 expands services to integrators

Following profitable year, storage provider restructures sales, offers IT consultations
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12/07/2012

AUSTIN, Texas—As it moves into its 10th year in business, serverless storage provider Pivot3 has restructured its sales force and added new services for integrators.

Samsung and Pivot3 team up on video surveillance solution

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11/27/2012

RIDGEFIELD PARK, N.J.—Samsung Techwin, a supplier of video surveillance and security products, announced a partnership with Pivot3 wherein the companies will offer a unified IP video surveillance solution, according to a statement from Samsung Techwin.

Samsung goes with FaceFirst

Samsung interested in making financial investments in technology partners
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10/10/2012

RIDGEFIELD PARK, N.J.—As part of its new strategic partner initiative, Samsung Techwin America is integrating megapixel cameras with facial recognition provider FaceFirst.

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