BETHESDA, MD, June 11, 2015<\/p>\n
Dean Drako and Brivo announced today that the company has
\nbeen wholly acquired for $50 million by Dean Drako. As Brivo\u2019s owner, Drako will serve as the
\ncompany\u2019s chairman, and Steve Van Till, Brivo\u2019s president and CEO, will continue leading the
\ncompany.
\nBrivo\u2019s cloud-managed access control system currently services over 6 million users and over
\n100,000 access points, providing hassle-free access control for small and medium businesses,
\nalong with unmatched scalability and centralized management for global enterprises. Founded
\nin 1999, Brivo has maintained long-standing partnerships with Tyco Security, ADT, Protection
\nOne and Stanley Security among other industry leaders.
\n\u201cWe are extremely excited that Dean Drako has acquired Brivo and will serve as Chairman. In
\naddition to Dean previously leading Barracuda Networks to be a multi-billion dollar company,
\nhe has grown his latest company, Eagle Eye Networks, to be the technology leader in cloud
\nvideo surveillance,\u201d said Steve Van Till, president & CEO, Brivo Systems.\u00a0 \u201cWe share a mutual
\nvision in seeing the tremendous advantages of cloud-based systems.\u201d
\n\u201cMy goal was to acquire the physical security industry\u2019s best-in-class access control system,\u201d
\nsaid Dean Drako.\u00a0 \u201cBrivo\u2019s true cloud architecture and open API approach put it a generation
\nahead of other access control systems. \u00a0Cloud solutions provides exceptional benefits and Brivo
\nhas made tremendous inroads delivering those advantages for physical security.\u201d
\nIn April, Brivo Systems and Eagle Eye Networks, Drako\u2019s cloud video surveillance company,
\nannounced a strategic alliance to integrate Brivo OnAir\u00ae\u00a0and the Eagle Eye Security Camera
\nVMS, to deliver customers a unified cloud-based access control and video surveillance system.
\nThe combined solutions offer multi-location hosted services for fully integrated video and
\naccess control.<\/p>\n
About Dean Drako<\/strong> About Brivo Systems<\/strong> Brivo has been acquired outright for $50 million by Dean Drako, who becomes chairman as CEO Steve Van Till stays on. The cloud access platform already serves over six million users\u2026<\/p>\n","protected":false},"author":5,"featured_media":277859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"itsec_x_frame_options":"","footnotes":""},"categories":[105],"tags":[],"class_list":["post-278948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
\nDean Drako is a parallel entrepreneur, investor, and engineer. In addition to his role as owner
\nand Chairman of Brivo Systems, Drako is founder, President and CEO of Eagle Eye Networks,
\ndelivering the first on-demand cloud based security and operations video management system
\n(VMS) providing both cloud and on-premise recording.\u00a0Prior to forming Eagle Eye Networks,
\nDrako was founder, president and CEO of Barracuda Networks, where he developed the IT
\nsecurity industry\u2019s first spam filter appliance. From Barracuda\u2019s inception in 2003 through 2012,
\nDrako grew the company to be an IT security industry leader for mid-market businesses, with
\nmore than $200 million in annual sales and 150,000 customers. Barracuda Networks completed
\nits IPO on the NYSE in 2013. In 2007, Drako won the Ernst and Young Northern California
\nEntrepreneur of the Year. Goldman Sachs named Dean as one of the \u201c100 Most Intriguing
\nEntrepreneurs of 2014.\u201d<\/p>\n
\nBrivo, Inc. is a worldwide leader of cloud-based physical access control systems. \u00a0Currently
\nservicing over 6 million users, the company\u2019s award-winning Brivo OnAir provides unmatched
\nscalability and centralized security management for global enterprises, while retaining the ease
\nof use for small and medium sized customers. The Brivo OnAir security management system is
\nunique in providing combined access and video management in a single cloud platform.
\nHeadquartered in Bethesda, MD, Brivo was founded in 1999.<\/p>\n","protected":false},"excerpt":{"rendered":"