The number of surveillance cameras in the world is estimated in the tens of millions, with almost all these cameras recording 24 hours a day of footage. New York alone manages 1,500 surveillance cameras, and that number is expected to reach 3,000 next year.
But it is difficult, if not close to impossible, for camera operators to sift through all this footage because it requires countless hours to find a single moment on a camera’s tape.
3VR Security, based in San Francisco, Calif., says it has solved that problem with technology that automatically catalogs video footage so that it can be searched at a later date, just like looking up a query on Google. And some technology investment companies seem to agree; 3VR closed a $17 million round of financing on Tuesday.
“We extract information from the video including face recognition, license plates, colors and more, that can all be searched at a moment’s notice,” explained Al Shipp, 3VR’s chief executive officer, in a phone interview.
via Video Search Company Gets Investor Attention – NYTimes.com.
