Alarm Financial Services Inc. (AFS) provided a senior debt facility to Sentinel Security Solutions of Grover Beach, Calif. Sentinel will use the $750,000 credit facility to consolidate existing debt under more favorable terms, as well as to provide capital to meet the growth demands of the company. The credit facility includes both term loan and revolving line of credit components with increased borrowing ability as Sentinel’s business grows.
Defendify, an all-in-one SaaS-delivered cyber security platform developer, announced it has raised $1.6 million in pre-seed funding led by private investors with participation from Maine Technology Institute (MTI) and early stage cyber security industry investor 3dot6 Ventures.
Banner Solutions, a national wholesaler of security opening hardware products, announced the acquisition of Berg Wholesale, an Oregon-based distributor of door and bath hardware.
An awards program from the National Center for Spectator Sports Safety and Security, sponsored by SDM, recognizes excellence in system integration at sporting venues. These are the 2019 finalists.
June 20, 2019
More and more, there is a massive spotlight on the security industry and its ability to prevent tragedies from happening at large sporting venues.
The Vistacom team is celebrating its 65th year in business in 2019. Originally named the Daveland Company, Vistacom was founded in Allentown, Penn. in 1954 with a staff of six people, led by founder Jack Ferlino.
The 2018 Future of Physical Security study conducted by Microsoft and Accenture found that the threat landscape has changed in recent years. “The digital revolution has transformed the world in a multitude of positive ways — but it has inadvertently created new threats,” the study noted in its introduction. The survey of 200 senior physical security leaders across multiple industries described the physical security industry “at various levels of maturity, and at worst a decade behind” when it comes to its response to the digital transformation.
More than one in five (22 percent) of Americans say they have cancelled plans or considered cancelling plans to attend large scale public events due to concerns about physical attacks and the safety of their data, according to the new 2019 Unisys Security Index.
Vector Security — a provider of residential and commercial security and automation solutions — announced today that, effective June 3, it has entered into a $450 million credit agreement.