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VideoIQ gets $7.5m and new CEO

September 14, 2011Martha Entwistle

BEDFORD, Mass.—VideoIQ's new CEO, Ed Bednarcik, who is known for readying companies for IPOs, outlined steps he'll take to take VideoIQ “to the next level,” during a Sept. 12 interview with Security Systems News. VideoIQ, a venture-backed producer of IP cameras and encoders with on-board storage and built-in self-calibrating analytics based here, announced Sept. 12 that Bednarcik had replaced Scott Schnell as CEO. It also announced that the company secured $7.5 million in series...

Atlas Venture, Cisco, Ed Bednarcik, Matrix Partners, Tenaya Capital, VideoIQ, Write Line