CoVi Secures Addtional Funding

CoVi Technologies, an Austin-based company focused on creating an integrated, comprehensive video surveillance system, has raised an additional $4.1 million in equity financing. The company, which has raised nearly $60 million in equity financing since 2003, designs, develops and manufactures high-definition, television-quality systems, as well as offering a systems-based approach to high-definition video surveillance. Given the size of this round, and the fact that each of the last few rounds have been around $15 million, this funding may be an amount which the investors hope will be enough to push the company to either be acquired or go public.
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