Stealthy Prism Skylabs Seeks To "Bring Physical Spaces Online"

Erick Schonfeld

Erick Schonfeld is a technology journalist and the executive producer of DEMO. He is also a partner at bMuse, a product incubator in New York City. Schonfeld is the former Editor in Chief of TechCrunch. At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily... → Learn More

Wednesday, July 13th, 2011
prism skylabs

A couple weeks ago, a stealthy startup called Prism SkyLabs was formed in San Francisco. Already it’s creating buzz among angel investors. It’s site is not much more than a place holder right now with this vague description:

We are pioneering ways to bring physical spaces online, creating new places for people and businesses to understand and engage each other.

A few more clues can be uncovered by looking at the two co-founders: CEO Steve Russell and president Ron Palmeri. Russell previously founded 3VR, a digital video security company where he is currently chairman. But Prism Skylabs is his new full-time gig.

Palmeri was Halsey Minor’s right-hand man at Minor Ventures, where he backed and incubated GrandCentral (now Google Voice), OpenDNS, and Scout Labs, a social CRM and brand-monitoring service sold to Lithium Technologies (which turned into a lawsuit)

So you’ve got a video surveillance expert and a Silicon Valley investor with a background in the consumer Web and social media analytics, and they want to “bring physical places online.” My bet is that they do that through video. Beyond that, we’ll have to keep digging. But it sounds like this startup is aiming squarely for the ever-expanding online-to-offline market.

We’ll keep our own video cameras trained on this one.

Disclosure: Michael Arrington has committed to invest in Prism Skylabs.

Company: Prism Skylabs
Website: prismskylabs.com
Launch Date: July 2011
Funding: $10M

Prism Skylabs is the global leader in managing, analyzing, and optimizing offline commerce. Its unique cloud service transforms any video camera into a visual merchandising, auditing, and business intelligence tool that can be accessed from any device. Through Prism, businesses can measure offline conversion, understand long-term trends, and dig in to powerful analytics — from dwell to footpaths to product lift — using the cameras they already have. Prism Skylabs condenses customer interaction and movement into stunning imagery and reports...

→ Learn more

As an early stage product and markets guy, Ron launched a number of highly innovative companies, including Grand Central/Google Voice, OpenDNS, Scout Labs and Swivel as managing director of Minor Ventures. As founder of MkII Ventures, Ron cofounded Prism Skylabs which is working to brings physical spaces online, creating new places for people and businesses to understand and engage each other.

→ Learn more

Steve Russell is a Silicon Valley veteran with 15 years of experience in building and managing disruptive content networking, video search, and video intelligence technology companies. Steve is CEO and Founder of Prism Skylabs, a San Francisco technology company that brings physical spaces online, creating new ways for people and businesses to understand and engage each other. Prior to Prism Skylabs, Steve served as the CEO and Chairman of 3VR, the world’s leading video intelligence company, which he founded...

→ Learn more