Smartvue Raises $15M

Smartvue Corporation, a Nashville, Tenn–based cloud surveillance and Internet-of-Things Video (IoTV) technology company, secured $15m in financing.

Backers included funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG).

The company intends to use the funds to scale operations and systems to support new and existing customers.

Founded in 1998 and led by Martin Renkis, Founder & CEO, and Toby Cahoon, CTO, Smartvue Corporation provides video surveillance technologies in both the commercial and residential markets and provides these services embedded into IoT devices such as televisions, game consoles, point of sale systems, and home automation solutions.



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