The Russian Venture Company-sponsored venture funds that are managed by S-Group Ventures and Leader Innovations have agreed to invest in video monitoring and audio registration solutions provider Vocord. The new funding will go to develop 3D-vision solutions and video analytics as well as for international business expansion.
Vocord was founded in 1999 by the graduate students of the Moscow Institute of Physics and Technology.
Vocord develops and markets video surveillance solutions VOCORD Tahion, phone call recording systems and communication lines monitoring systems VOCORD Phobos, road traffic moitoring solutions VOCORD Traffic and face recognition systems VOCORD FaceControl.
Vocord, which sells its hardware and software solutions via system integration partners, provides training, consulting and marketing services.