The company intends to use the funds to refinance debt and expand its growth efforts.
DVTel’s software solutions are deisgned to enable enterprise clients to leverage their existing network infrastructure for surveillance and monitoring of physical assets and facilities.
The company, which also offers a range of security IP cameras and video encoders, recently launched a comprehensive mobile app which provides a real-time monitoring and recording platform that is highly controllable from the field.
It is available for the Apple, Android and Windows operating systems with Google Earth integration.
DVTel is led by CEO Yoav Stern.