Company Overview
Snapshot
Founded in August 2000, DVTEL operated with 11–50 employees, securing $9M in total capital across two funding rounds from investors including Egis Capital Partners and Seacoast Capital Partners. The company was acquired by Teledyne FLIR in November 2015, marking a significant exit in the video surveillance market.
Business overview
DVTEL specializes in providing enterprise-grade, integrated IP video network solutions, catering to small, mid-size, and enterprise applications. Its core offerings include high-performance, storage-efficient HD IP cameras and advanced video analytics for outdoor intrusion detection and tracking. The company delivers ONVIF-compliant solutions, offering high-quality services, custom application development, and seamless integration of third-party products to ensure interoperability and performance across global markets. DVTEL operates within the Security and Safety Technologies sector, serving B2B and B2C business models.
Strategic signal
The acquisition of DVTEL by Teledyne FLIR in November 2015 for $92 million signaled a strategic consolidation within the video surveillance and security technology market. This move allowed Teledyne FLIR to expand its portfolio with DVTEL's enterprise-grade IP video solutions, indicating a market trend towards integrated security offerings and advanced analytics. For investors, this acquisition highlighted the value of specialized video surveillance technologies and the potential for exits in this sector.
Company Intelligence Q&A
- When was DVTEL acquired and by whom?
- DVTEL was acquired by Teledyne FLIR in November 2015.
- What was the acquisition amount for DVTEL?
- Teledyne FLIR acquired DVTEL for $92 million in November 2015, as reported by MarketWatch on December 6, 2015.
- What was DVTEL's total capital raised before its acquisition?
- DVTEL raised a total of $9M across two funding rounds before its acquisition by Teledyne FLIR in November 2015.
- Which investors participated in DVTEL's May 2015 funding round?
- In May 2015, DVTEL received investment from Egis Capital Partners and Seacoast Capital Partners.
- What was a key leadership appointment at DVTEL in 2014?
- In October 2014, DVTEL appointed Jack Meltzer as Senior Director, Global A&E Program.