US-based video surveillance technology company VideoIQ secured $7.5m in series C funding on Monday as consumer electronics conglomerate Cisco joined existing backers in investing.
The other investors in the round were venture capital firms Atlas Venture, Matrix Partners and Tenaya Capital. VideoIQ obtained $6m in funding in January 2010 with Tenaya making its investment under its former name of Lehman Brothers Venture Partners, while board members from Atlas and Matrix were also among the signatories when the funding was filed.
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