Tag: Growth

Phase 2: Scale

We started HiveWatch to solve the most difficult problems challenging physical security – at scale. We wanted to help big enterprises with multiple systems; bringing them all together to increase security, while reducing operational time and cost.

Since then, we have deployed HiveWatch to some of the largest companies in the world, protecting assets on every continent, and making their daily operations manageable through our accelerated incident response, and noise reduction technology.

We’re already embedded in everyday life: 95% of Americans have interacted with a product, service, or brand that is protected by HiveWatch.

Many have said that creating a manageable single pane of glass for enterprise security is already an impossible feat. We don’t think that’s enough.

The future of physical security is more than just the bridge between systems; it is truly creating the digital brain of your security program. With all of an organization’s security data in one place, our AI Operator has been able to automate massive portions of our customers’ response operations, fundamentally changing the way security teams operate. With over 90% of our new customer contracts including the AI Operator, it’s clear that the market agrees.

This is only the beginning. In the next 12 months, we are aggressively defining the “GSOC of the future” by releasing additional AI Operator capabilities that will take our platform into its next phase of growth.

Recognizing that this moment demands action, we’re excited to announce that HiveWatch has secured $33 million in an oversubscribed Series B funding round led by Anthos Capital, with participation from Harmonic Growth Partners, Across Capital, and existing investors to fuel our race toward the future. Since founding, HiveWatch has secured over $65 million in financing. We are continuing to fuel our expansion and our team in the heart of El Segundo, CA.

Together, we’re building what comes next. LFG!!

Want to learn more? Join the team. Become a customer.

Security Doesn’t Scale!

Security doesn’t scale!   

Now before you get offended and stop reading, consider where we are as an industry today and how much we’ve evolved over the past 5, 10, 15, 50 years. Sure, there has been great innovation across certain products:

  • Camera resolution is higher than ever, at a price point that security leaders probably couldn’t have fathomed fifteen years ago. Today, cameras are essentially IP computers that perform advanced edge processing and analytics. 
  • Analytics have progressed from being a buzzword thrown around to actually delivering on many of its promises.
  • Organizations are continuing to replace their analog camera fleets with new IP technology, albeit at an alarmingly slow rate.
  • Facial recognition, object detection & classification, biometrics, drones, counter-drone, access control, tailgate detection, weapon detection, gunshot detection, aggression detection…and the list goes on. 

Yet, with all the amazing product and technological innovation our industry has seen, we haven’t resolved a core problem. Security doesn’t scale.