Cisco buys IP-based video surveillance company, BroadWare

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here!


Cisco Systems has agreed to buy BroadWare Technologies, a Santa Clara, Calif., provider of IP-based video surveillance software.

The deal amount was undisclosed. (Update: The Mercury News has a story about the nascent trend in the security industry, of convergence of traditional physical security with information-technology security, and Cisco’s recent record of buying security related companies, such as e-mail security start-up IronPort. BroadWare helps businesses “manage the huge amounts of digital video produced when companies use cameras to record what’s happening in office parks or other corporate locations.)

Broadware has raised about $33.85 million in VC funding since 2000, from Dali Hook Partners, Defta Partners, Hitachi, mc3 Ventures, New Vista Capital and Sigma Partners.

Here’s Reuters story.

VentureBeat’s VB Insight team is studying marketing analytics... Chime in here, and we’ll share the results.