By Bryan Menell September 17, 2007 Leave a Comment

Covi_2
CoVi Technologies, an Austin-based company focused on creating an integrated, comprehensive video surveillance system, has raised an additional $4.1 million in equity financing.  The company, which has raised nearly $60 million in equity financing since 2003, designs, develops and manufactures high-definition, television-quality systems, as well as offering a systems-based approach to high-definition video surveillance.  Given the size of this round, and the fact that each of the last few rounds have  been around $15 million, this funding may be an amount which the investors hope will be enough to push the company to either be acquired or go public. 

About

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

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