Tag: FST21
FST21's $5m earmarked for U.S. expansion
September 11, 2013Martha Entwistle
SOUTHBOROUGH, Mass.—The majority of the $5 million cash infusion FST21 received will be spent on marketing and sales in the U.S. market, Shahar Belkin, CTO for FST21, told Security Systems News.
“We want to be a big company in the field,” he said. “The next two years is a window of opportunity for us to grow in the U.S. market [before others copy the FST21 technology],” he said.
Israel-based seed and early-stage fund LV Holdings led the fundraising round, which...
With $5M, FST21 America wants to up U.S. distribution
August 29, 2013SSN Staff
SOUTHBOROUGH, Mass.—Biometric security company FST21 America has raised $5 million for facial- and voice-recognition surveillance systems, and hopes to use the money to increase distribution in the United States, various news organizations report. FST21, headquartered in Rishon Lezion, Israel, has a local office in the U.S., where it is already selling security products it says combine security and convenience. Security Director News recently reported on the installation of the FST21 SafeRise...
Smile for entry
August 27, 2013Amy Canfield
NEW YORK—Many of the 4,000 residents of the historic Knickerbocker Village apartments in Manhattan have tossed out their access cards. Soon all of them will, because the only thing they'll need to enter the 12-building, 1,600-unit complex is their face. No more keys, no more access codes.The sheer size of the complex, dating back to the 1930s, posed a challenge to 27-year general manager Vincent Callagy. “It's hard to know who are invited guests and who are people who should not be here....
Security cluster cultivated in Cleveland Heights
September 26, 2011Martha Entwistle
CLEVELAND HEIGHTS, Ohio—Officials here are at the beginning stages of a plan to establish a “security cluster,” in this city. They want to make Cleveland Heights a regional center for security technology development and installation expertise, and they've already got one security company onboard: intelligent access control company FST21.
Howard Thompson, economic development director for Cleveland Heights, has a vision of Cleveland Heights as a hub for security manufacturers and...
Chubb integrates intelligent building solution SafeRise
May 19, 2011Daniel Gelinas
LYNN, Mass.—Bob Sarsfield has been in the systems integration business for more than 30 years, beginning with Mosler Safe Company, and then Red Hawk, which was bought in 2006 by Chubb, a division of UTC Fire & Security. In that time and during that decades-long tenure, Sarsfield integrated a lot of intrusion, access control, video and other technologically advanced systems. His latest project is an installation of intelligent building solution provider FST21's SafeRise solution at a senior...
FST21 partners with HID for increased coverage, more secure access control
December 15, 2010Daniel Gelinas
FRAMINGHAM, Mass.—FST21, a provider of intelligent controlled access and automation solutions and services, in early November announced a new technology partnership with access control provider HID for integration of its RFID technology into FST21's intelligent building solution SafeRise.
When FST21 first expanded beyond its Israeli roots into the U.S., it billed itself as “the future of intelligent building safety and security solutions based on a fusion of second-generation video/voice...