Funding: $3 million in Series A funding from IDG Ventures Boston.
Big idea: VidSys makes software that integrates analog and digital video streams used by command centers and allows users to manage, control and redistribute video. VidSys allows customers to keep their existing infrastructure instead of scrapping the older analog systems. "We integrate analog and digital and work with you as you transition to new technology," said Michael S. Mancuso, president and chief executive.
Example of use: Federal, state and local command centers use VidSys technology to coordinate the many video cameras monitoring their jurisdictions, videoconference in real time and forward video clips to other command centers. Traffic command centers use it to respond to incidents and reroute traffic. A hospital in Boston is using VidSys technology in operating rooms in an effort to improve surgery and provide better training. The product has also been installed in jury boxes in courtrooms, where video screens give jurors a close look at documents and witnesses.
Big-name customers: Caltrain in San Francisco, City of Chicago, New York City Transportation Department, the Army, the Navy, the Air Force.
Price: A small installation could cost $100,000, while a large city installation could be $3 million to $4 million.
Founded: VidSys began as a division of Dynamic Technology Solutions five years ago and was spun off last month.
Who's in charge: Mancuso; James I. Chong, vice president of operations and chief technology officer; and Harlan Plumley, vice president of finance.
Employees: 13. Mancuso hopes to double that number by the end of the year.
Web site: www.vidsys.com
Partners: Dynamic Technology Solutions, Northrop Grumman, Electronic Data Systems, ADT Security Services. "Our partnerships have been on the government and transportation side," Mancuso said. "One of the areas we want to look at is taking our technology and moving it to commercial and industrial areas."
Where will you be in five years?: "We'll probably have a blend of customers not only in the government and transportation markets but also in the commercial marketplace," Mancuso said. "Today we're focused mostly in the U.S. and there's a huge amount of security needs around the world."
Quote: "The idea that video historically has been for security and surveillance and is only used by law enforcement or quasi-government agencies . . . most people think that," said Mancuso. "We prefer to think outside of the box and think of video everywhere."
-- Andrea Caumont