
RSI Video Technologies
Manufactures Videofied, a wireless alarm system that sends a short video clip over 3G/4G cellular or Ethernet.
Date | Investors | Amount | Round |
---|---|---|---|
€6.5m | Series D | ||
Total Funding | 000k |
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RSI Video Technologies, operating under the brand name Videofied, carved a specific niche within the security industry by focusing on video-verified intrusion detection. Founded in 2000, the company established its headquarters in Strasbourg, France, while also maintaining significant operations in Minnesota, USA. The founding team originated from InfoRéalité, leveraging their expertise in radio transmission and compressed video technologies.
The company's core business revolves around designing and manufacturing security systems for both residential and commercial clients. Its flagship product line, Videofied, addresses a critical pain point in the security market: the high rate of false alarms that burden law enforcement resources. The system is engineered around wireless, battery-powered motion detectors integrated with cameras. Upon detecting an intruder, the device does not just trigger an alarm; it records and transmits a short video clip over a cellular or IP network to a central monitoring station or directly to the property owner. This immediate video evidence allows for alarm verification, enabling monitoring stations to confirm a real crime-in-progress and request a priority police response.
Videofied's business model targets security dealers and central monitoring stations, offering a solution that can be installed as a new standalone system or as an upgrade to existing traditional alarm systems. This approach provided an incremental revenue opportunity for dealers through enhanced monitoring services. The product's features include its completely wireless nature, with a battery life of up to four years for all components, making it suitable for locations without mains power like construction sites or remote facilities. By March 2016, RSI had achieved a significant milestone, with over one million of its systems installed across more than 60 countries. This success culminated in its acquisition by Honeywell for approximately $123 million in March 2016, integrating RSI into Honeywell's Security and Fire division to bolster their video verification offerings.
Keywords: video verification, intrusion detection, security systems, alarm verification, wireless security camera, motion detector camera, central monitoring station, professional security, commercial security, residential security, false alarm reduction, remote site security, construction site security, battery-powered security, Videofied, Honeywell Security, alarm systems, security technology, physical security, priority police response, asset protection, security dealer solutions