Brivo Systems

Brivo Systems operates as a provider of cloud-based access control and smart building technology, establishing its market presence by pioneering this category. Founded in 1999 by Carter Griffin, Tim Ogilvie, and Mark Stein, the company initially focused on a logistics solution for unattended package delivery with a product called the 'Smart Box'. Recognizing the potential of their core technology, the founders pivoted in 2002, introducing a Software-as-a-Service (SaaS) model for physical access control to the security industry, a significant shift from the on-premise servers that dominated the market at the time. Steve Van Till, who joined early on and now serves as CEO, brought extensive experience from the technology and satellite communications sectors, guiding Brivo's strategic growth.

The company's business model is centered on recurring revenue through multi-tiered subscriptions sold via a network of over 1,500 channel partners, such as security system integrators. This approach targets a wide array of clients, from small and medium-sized businesses to large enterprises and multifamily residential properties, including Fortune 500 companies. Revenue is generated through monthly or yearly fees for its access control services, with pricing tiers based on the number of doors and desired features. In June 2015, Brivo was acquired for $50 million by Dean Drako, founder of Barracuda Networks, who now serves as chairman, with the goal of accelerating the shift to cloud technology in the physical security sector.

Brivo's core offering is a comprehensive security platform that integrates access control, video surveillance, visitor management, and mobile credentials into a single, unified system. Key products include the Brivo Access platform, various access control panels like the ACS6000 and ACS300, smart readers, and mobile pass capabilities that allow users to access secured areas with their smartphones. The system is designed for scalability and remote management, eliminating the need for on-site servers and reducing maintenance costs for clients. Its open API allows for extensive third-party integrations, creating a customizable ecosystem for users. The company has continually evolved its product line, introducing its IP door controller in 2011, the Brivo Onair platform integrating video in 2013, and more recently, the Brivo Security Suite, which adds AI technologies and visitor management.

Keywords: cloud access control, physical security, SaaS security, smart building technology, property technology, PropTech, access management, commercial real estate security, multifamily residential security, enterprise security solutions, mobile credentials, video surveillance integration, visitor management system, security as a service, IoT security devices, security system integrators, building security platform, remote access management, smart locks, unified security platform, security data analytics