Tag: Vidsys
Vidsys appoints Maurice Singleton as president
April 24, 2019SSN Staff
VIENNA, Va.—Vidsys, a global leader in Physical Security Information Management (PSIM) and Converged Security and Information Management (CSIM) software, announced that the Board of Directors has promoted company vice president of product innovation Maurice Singleton as the new President of Vidsys.“With more than 20 years of experience in this industry and a proven track record of execution and delivery of top-notch service, we are confident that Maurice will immediately make a positive...
Vidsys gets $11 million
April 27, 2016Martha Entwistle
VIENNA, Va.—Software provider Vidsys on April 26 announced it closed an $11 million funding round, which Vidsys CEO James Chong told Security Systems News will be used for “global expansion and to provide the right level of customer support and engagement [for the Vidsys web-based platform.]”Vidsys, based here, originally known as a provider of PSIM (physical security information management) software, now refers to its software as CSIM, converged security information management...
Vidsys founder James Chong named CEO
February 17, 2015Martha Entwistle
VIENNA, Va.—The new CEO of VidSys is not new to the company. James Chong, who on Jan. 26 was named CEO of the PSIM provider, founded VidSys in 2005 and has also served as CTO.Chong replaced Michael P. Jackson who had served as CEO since 2013.In his new role as CEO, Chong said he plans to “help accelerate our strategic growth as well as product innovation and direction.”VidSys sees “the opportunity to enter other markets we may not have played in as aggressively before.”...
VidSys: Updated software gives flexibility, customization
September 18, 2013SSN Staff
VIENNA, Va.—Version 7.5 of VidSys' physical security information management software, released Sept. 17, offers enhanced operational features, including mapping and advanced search capabilities, the company said in a news release.
The latest of update of the program includes new geocoding, allowing users to identify locations based on addresses. Users are also now able to use the software to collaborate with other users.
“For operators and first responders, having actionable information...
PSIM providers raises $15.6 million
July 29, 2013Martha Entwistle
PSIM provider VIDSys announced last week that it's raised $15.65 million in one equity financing.
The investment was lead by NewSpring Capital. Previous investors Atlanta Equity, Flybridge Capital Partners, JVax Investment Group and Motorola Solutions Venture Capital also participated in the round.
I have a call into VIDSys and hope to speak to someone tomorrow about what the company plans to do with the new funds.
NewSpring Capital, is based in Radnor, Pa. It invested through its technology and...
VidSys PSIM software used by Houston during NBA All-Star Weekend
February 26, 2013SSN Staff
VIENNA, Va.—VidSys, a provider of PSIM software, today announced that the city of Houston deployed its software to manage potential security threats during the NBA All-Star festivities held Feb. 14-17, according to a company statement.
Using VidSys software, public safety personnel were able to fuse, view and share with multiple public and private agencies data used to protect visitors and participants during the weekend festivities.
The software integrated Houston's existing cameras and other...
VidSys gets $3m loan
January 16, 2013Martha Entwistle
FARMINGTON, Conn.—Horizon Technology Finance Corp. has provided a $3 million venture loan to PSIM provider VidSys.While the loan closed Nov. 15, Horizon did not announce the deal until Jan. 9. Horizon, which is based here, made a number of year-end deals and did not want to announce them all at one time, Gerald Michaud, president of Horizon, told Security Systems News.In business since 2003, Horizon does debt financing for development-stage technology companies that have equity sponsors.“All...
Former White House CSO joins PSIM provider
December 3, 2012SSN Staff
VidSys, a provider of PSIM solutions, has named John Gill, a former White House chief security officer, its vice president of business development, according to a company statement.
Gill, who served as White House CSO during the George Bush and Barack Obama administrations, has more than 30 years of experience in domestic and international security, law enforcement, intelligence and private sector contracting.
“John's extensive experience in both the public and private sectors give him intimate...
The PSIM potential
September 4, 2012Kenneth Z. Chutchian
YARMOUTH, Maine—If you are a vendor or integrator of PSIM systems, the chances are good that you consider this to be an exciting time in the security industry.
And the chances also are excellent that, regardless of your expertise and experience, your views on PSIM market trends will be challenged by others in the field.
PSIM (physical security information management) software and systems are only six or seven years old. That's young enough to generate the buzz of possibilities yet...
Study: PSIM market to grow to $2.8b by 2021
July 12, 2012Martha Entwistle
A couple days after PSIM maker VidSys touted one aspect of the new Frost & Sullivan PSIM study, F&S itself today sent out a release about this study.
The projections are most interesting part of the release, I think. F&S projects the global PSIM market is set to grow from a $142.9 million in 2011 to a $2.79 billion by 2021.
When I spoke to VidSys CTO James Chong the other day, he said that his company's commercial business is on the rise. The Frost & Sullivan study says that's the way it's going...