Cernium
Cernium Corporation, a software company based in Reston, Virginia, develops and delivers video analytics-enabled products
About Cernium
Cernium, now a part of Constant Technologies, carved out a significant niche in the video surveillance market by developing real-time video analysis and behavior recognition software. The company established itself as an early entrant in the video analytics space, introducing its notable ExitSentry product in 1996, which saw deployment in airports across North America. From 2001 to 2005, the company was led by President & CEO Sean Patty, a figure with a diverse background in mergers & acquisitions and venture development who steered the company through crucial productization, channel development, and financing phases.
The firm's business model centers on providing intelligent video analytics solutions that integrate with existing surveillance infrastructure. Revenue is generated through the sale of its software products and by forming strategic partnerships with security system integrators and alarm monitoring companies. This approach targets a diverse client base, including educational institutions like The Johns Hopkins University and Mount Holyoke College, municipalities such as the city of Seattle, and a network of alarm service dealers.
Cernium's product suite is designed to automate monitoring and enhance the effectiveness of security personnel. Its flagship offerings included Perceptrak®, an advanced software that integrates with IP video management systems to analyze video feeds for 16 distinct, pre-defined behaviors like fallen individuals, loitering, or abandoned objects. Another key product, CheckVideo™, caters to the alarm industry by providing intelligent video verification. This system performs real-time analysis to help central station operators distinguish between false alarms and genuine security events, thereby improving response efficiency. Following its acquisition, Cernium's technology and expertise have been incorporated into the mission-critical command and control solutions offered by its parent company, Constant Technologies, a global integrator of 24/7 operations centers.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Dec 2007 | $10M | $40M | Undisclosed | — |
| SERIES D✓Equity / VC | Nov 2005 | $7.5M | $30M | Lurie Investment Fund | — |
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Series B and later1 investor entered at this stage
- LFLurie Investment Fund
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