Avaak, a company that develops video monitoring and networking products, has raised $10 million in Series B funding led by Qualcomm with existing investors Trinity Ventures, InterWest Partners and Leapfrog Ventures participating. This brings total Avaak’s funding to $17 million.
Avaak recently launched its Vue system, which allows users to use a webcam to monitor their homes or businesses via the Internet and access a live video feed through a mobile device. The system features a network of small, battery-powered cameras that can be placed anywhere.
The Vue’s personal video system is $299 and is sold on Avaak’s site and on Amazon. The new funding will be used to further distribute the Vue system into retail outlets and for product development.
Avaak is a provider of wireless video networking technology. Their applications are used in a variety of environments, from businesses to the military. The company is venture backed, and initially developed its wire-free video networking technology with sponsorship from DARPA and the Office of Naval Research (ONR).
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