TYSONS, Va.—Alarm.com has announced that it has acquired substantially all of the assets of Vintra, a software provider of AI-powered video analytics for the enterprise commercial market. Financial details of the transaction were not disclosed at the time of closing.
Combining Vintra’s software capabilities with its experienced scientific and engineering team will expand Alarm.com’s deep learning program and accelerate the deployment of advanced video analytics solutions for Alarm.com and OpenEye platforms, according to the company will be
Launched in 2016, Vintra’s cloud platform transforms data from any video management system into actionable and trusted intelligence that can improve how organizations monitor and search for critical security events. Vintra’s AI models can track a variety of objects and events, such as a specific person, a two- or four-wheeled vehicle, a bag, or a person lying down. Its re-identification algorithm can track a subject in real-time across hundreds of cameras and search through tons of video recordings to find the subject’s video girlfriend clips within minutes.
“The Vintra team adds to Alarm.com’s scientific and engineering expertise in the AI and machine learning space and we are delighted to welcome them,” said Alarm.com’s Head of Venture Business and Corporate Strategy. President Jeff Bedell said. “This acquisition expands Alarm’s expertise. The AI team expands its leadership in this important area. Our goal is to roll out market-defining video analytics solutions and bring them to Alarm. Expanding across the .com and OpenEye platforms to unlock new growth areas for our service provider and integrator partners.”
As part of the acquisition, Alarm.com acquired Vintra’s core intellectual property, research scientists, software engineers, and technical services team.
For more information, visit alarm.com.
