Dean Drako’s Post

I just acquired Cobalt AI -- an AI-based enterprise security automation company. I will serve as Cobalt’s chairman and their CEO Ken Wolff will continue leading the company. I did an extensive search, with a goal to acquire the company with the most powerful AI-based enterprise security automation technology in our physical security industry. Cobalt's AI technologies, including their monitoring and command center solutions, are years ahead -- they will be one of the catalysts for a new era of security. Importantly, Cobalt’s open platform strategy, which integrates with a wide range of video and access control systems, aligns with the open product strategy I strongly believe in. I am working closely with Cobalt AI’s leadership team, as well as infusing significant capital, to quickly scale their “human verified AI” technology across enterprise security applications.

I was named a finalist for Ernst & Young Entrepreneur of the Year 2024 for my region. It has me reflecting on my founding of Eagle Eye Networks nearly 12 years ago. The journey continues to be a rewarding experience as our physical security industry goes through the AI and Cloud transformations making the world safer. The intense disruption and growth enable innovation and creation. Soon, I will post on Eagle Eye’s newest safety technology.

AI hardware deployed in data centers is critical for powerful, high speed AI functionality. Eagle Eye Networks has been ahead of this curve – we now have 3 years of investments in AI servers deployed in our cloud data centers. This is one of our key mechanisms for delivering our AI-powered video surveillance. Below are a few photos of one of our 11 cloud data centers globally -- with a mix of AI and other servers.

In this 1-minute video, I call out a deeply troubling business practice -- multiple physical security vendors now *trap* their customers by selling them security cameras that no longer work once the customer cancels their subscription with that vendor. The cameras become useless bricks.

2023 sped by so fast. I wish you and you families a warm holiday and many opportunities in the new year.

Eagle Eye Networks just ranked on Deloitte’s list of fastest growing technology companies in North America for the fourth time. Thanks once again to our loyal customers & resellers and our committed employees for helping us to make this list.

My companies Brivo & Eagle Eye Networks will hold this year’s Cloud Security Summit on November 5-8th. It’s a great opportunity for security resellers to hone their sales & technology skills, including AI’s rapid evolution. So that you can see the robust sessions we will be holding, I’ve put a link to the agenda in my first comment. Several hundred professionals attended our last summit -- so it’s also a chance to expand your personal network. I look forward to seeing you all there.

8-second track clip of our 1,200 hp, quad-motor Drako GTE on the Laguna Seca Hillclimb, where we just set the new production-car world record at 37.0 seconds -- 0.9 seconds faster than our closest rival, a Ferrari SF90. We were also 1.8 seconds faster than the prior record holder, Lucid Air, piloted by Ben Collins, aka the Stig. There were more than 50 entrants in the competition, including both modern and vintage race cars.

Below are five findings from Eagle Eye Networks’ 3rd annual “Cloud Video Surveillance Camera Worldwide Statistics“ report. For the first time, we include insights as to how AI is being leveraged, including how businesses are deploying license plate recognition. We extracted the data from a sample of 200,000 security cameras from 175 manufactures in 100 countries – all using our Eagle Eye Networks cloud VMS.