Tech Company Financing Transactions

Westec Intelligent Surveillance Funding Round

On 2/23/2009, Westec Intelligent Surveillance raised $20 million in investment from Egis Capital Partners and Argonaut Private Equity.

Transaction Overview

Announced On
2/23/2009
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Egis Capital Partners (Lead Investor) (Robert Chefitz)

Argonaut Private Equity (Steven Mitchell)

Proceeds Purpose
The funding will be used to support the company's organic growth, as it continues to penetrate the retail, restaurant and hospitality markets.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
6340 International Pkwy. 100
Plano, TX 75093
USA
Email Address
Not Recorded
Overview
As an industry leader and innovator in the field of Intelligent Video Surveillance, Westec has helped a wide range of businesses in the restaurant, convenience, jewelry and retail industries do a better job of protecting their employees and their profits.
Profile
Westec Intelligent Surveillance LinkedIn Company Profile
Social Media
Westec Intelligent Surveillance Company Twitter Account
Company News
Westec Intelligent Surveillance News
Facebook
Westec Intelligent Surveillance on Facebook
YouTube
Westec Intelligent Surveillance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Shaw
  Michael Shaw LinkedIn Profile  Michael Shaw Twitter Account  Michael Shaw News  Michael Shaw on Facebook
Chief Financial Officer
Ken Obermeyer
  Ken Obermeyer LinkedIn Profile  Ken Obermeyer Twitter Account  Ken Obermeyer News  Ken Obermeyer on Facebook
Chief Marketing Officer
Chuck Moeling
  Chuck Moeling LinkedIn Profile  Chuck Moeling Twitter Account  Chuck Moeling News  Chuck Moeling on Facebook
Chief Operating Officer
Michael McLeod
  Michael McLeod LinkedIn Profile  Michael McLeod Twitter Account  Michael McLeod News  Michael McLeod on Facebook
VP - Operations
Matt Stopa
  Matt Stopa LinkedIn Profile  Matt Stopa Twitter Account  Matt Stopa News  Matt Stopa on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/23/2009: Intelligent Bio-Systems venture capital transaction
Next: 2/24/2009: Rivulet Communications venture capital transaction

 

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