IP Video Systems

About IP Video Systems

IP Video Systems Inc. operated from Sunnyvale, California, carving a niche in the high-definition video-over-IP market. The company was established in 2000 and focused on the design and manufacturing of specialized hardware and software for enterprises, government agencies, and other organizations requiring real-time, high-resolution video streaming and collaboration capabilities.

The firm was guided by President Johan Pirot, with Yogesh Khare serving as Director of Marketing. Khare, an engineering graduate from UC Santa Barbara with further studies at San Jose State University, brought experience from previous marketing roles at tech companies like Sigma Designs and Silicon Image, Inc. before joining IP Video Systems in 2007.

IP Video Systems successfully navigated the competitive landscape of Silicon Valley, securing significant venture capital. It raised $16.0 million in an early-stage VC round in June 2000 from investors including Labrador Ventures and Merrill Lynch. This was followed by a substantial $32.4 million Series C funding round in March 2001, with participation from Raza Venture Fund and Satwik Fund. A major milestone in the company's history occurred in February 2012 when it was acquired by the Belgian technology corporation Barco, which specializes in digital projection and imaging technology.

The company's business model was centered on the B2B sale of its proprietary hardware and software solutions. Its core product was the Video to Data (V2D) family, a line of encoders and decoders designed to stream high-definition video and graphics over standard IP networks. The V2D XP 200, for instance, could handle ultra-HD resolutions up to 2560x1600, enabling real-time sharing of complex visual data. This technology allowed multiple users to view and interact with a source application remotely, using just a display, keyboard, and mouse. The product portfolio also included Digital Media Servers (DMS) and Management Software (IMS) for capturing, recording, and distributing multiple HD streams across local and wide area networks. Key markets included defense for simulation and training, oil and gas exploration for remote monitoring, and the medical field for remote training and surgical procedures.