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Brivo Secures $75M Loan From Runway Growth Capital

Nov 09, 2022about 3 years ago

Amount Raised

$75 Million

Bethesda

Description

Brivo, a provider of smart building technologies, will use the capital for continued product development.

Company Information

Company

Brivo

Location

Bethesda, Maryland, United States

About

Brivo is the global leader in mobile, cloud-based access control for commercial real estate, multifamily residential, and large distributed enterprises. Our comprehensive product ecosystem and open API provide businesses with powerful digital tools to increase security automation, elevate employee and tenant experience, and improve the safety of all people and assets in the built environment. Having created the category over twenty years ago, our building access platform is now the digital foundation for the largest collection of customer facilities in the world, trusted by more than 23 million users occupying over 300M square feet of secured space in 42 countries. Our dedication to simply better security means providing the best technology and support to property owners, managers, and tenants as they look for more from buildings where they live, work, and play. Our comprehensive product suite includes access control, smart readers, touchless mobile credentials, visitor management, occupancy monitoring, health and safety features, and integrated video surveillance, smart locks, and intercoms. Valued for its simple installation, high-reliability backbone, and rich API partner network, Brivo also has the longest track record of cybersecurity audits and privacy protections in the industry. Brivo is privately held and headquartered in Bethesda, Maryland. Learn more at www.Brivo.com

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Funding Insights

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Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech