Vigilant Technology
 | |
| Industry | Video Surveillance |
|---|---|
| Headquarters |
Tel-Aviv, Israel Foxboro, MA |
Key people |
CEO: Avi Cohen Founders: Adi Pinhas Ronen Saggir |
| Slogan | Intelligent IP surveillance and security solutions |
| Website | www.vglnt.com |
Vigilant Technology makes surveillance and security systems such as digital recording systems, video content analysis and control centers. Vigilant supports tens of thousands of cameras in airports, governmental sites, financial institutions, correctional facilities, casinos, and city centers.[1]
History
Vigilant was founded in February 1999 by Adi Pinhas (currently in Superfish.com) and Ronen Saggir. Their vision was to establish a company to develop surveillance products based on digital video, which would convert analogue video into a digital format, allowing the user to compress it, store it and retrieve the images in electronic format. The Company was a pioneer in this technology of digital video recording.
Vigilant was the first company ever who performed video compression in DVD quality over DSP (Digital Signal Processor). The software that the company developed had two key advantages: - video compression with smart variable bit rate - once the video is in the processor, performing video analysis is doable
The Founders and a group of private investors provided seed capital for the Company which initially (during 1999 and 2000) focused primarily on research and development. The Company made its first sale in late 2000. Its development was significantly accelerated when it was selected by Pelco, a US-based leader in the design, development and manufacture of video security equipment for a broad range of industries and applications, as a supplier of high-end premium solutions to complement Pelco’s own equipment range.
The Company raised further capital in two rounds in 2000 and in 2002. The Company also received a US $2.1 million grant from the Chief Scientist Fund in Israel to assist with research and development costs.
In December 2005 the company raised £10 million and listed on the London Stock Exchange under the ticker symbol VGT.[2]
Since November 2008, Vigilant Technology is a wholly owned subsidiary of BATM Advanced Communications.[3]
Products
The company’s products include: Monitoring and Management solutions, Recording and Streaming hardware, Content Analysis software and IP Cameras.
External links
References
- ↑ Vigilant Technology Ltd. - Company Profile, Financial Times
- ↑ Announcement of £10 million Placing at a price of 43p valuing Vigilant Technology at £24.3 million, retrieved 2009-10-18
- ↑ Recommended Offer for Vigilant Technology Limited, BATM Press Release 08 July 2008