Dvtel Completes $9m PE Investment

dvtelDvtel, Inc., a Ridgefield Park, NJ-based video surveillance solutions provider, completed a $9m investment.

Backers included new shareholders Seacoast Capital and EGIS Capital Partners.

The company intends to use the proceeds to fund its corporate growth plans including R&D efforts such as the continued evolution of its global enterprise-class Latitude Network Video Management Systems (NVMS), mid-market scalable Horizon and Meridian NVMS, dcVMS (distributed cloud-based-VMS systems), and Cyber Defense technologies and expand its vertical marketing strategies worldwide.

Led by Yoav Stern, CEO, Dvtel is a developer of open-standard, end-to-end video surveillance solutions with its advanced technology R&D department providing enterprise-grade integrated IP video networks available for small, mid-size and enterprise applications.




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