About Milestone systems
Milestone systems is a company based in Copenhagen (Denmark) founded in 1998 was acquired by Canon in June 2014. Milestone systems has raised $41.79 million across 7 funding rounds from investors including Canon, European Union and Index Ventures. The company has 23 employees as of April 05, 2024. Milestone systems has completed 1 acquisition, including Brighter AI.
- Headquarter Copenhagen, Denmark
- Employees 23 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Milestone X-Protect India Private Limited
- Date of Incorporation 16 Jan, 2015
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$1.47 M (USD)-0.36as on Mar 31, 2023
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Net Profit
$14.65 K (USD)-96.31as on Mar 31, 2023
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EBITDA
$127.19 K (USD)25.59as on Mar 31, 2023
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Total Equity Funding
$41.79 M (USD)
in 7 rounds
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Latest Funding Round
$1.07 M (USD), Grant
Sep 01, 2018
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Investors
Canon
& 2 more
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Employee Count
23
as on Apr 05, 2024
- Investments & Acquisitions
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Acquired by
Canon
(Jun 13, 2014)
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People of Milestone systems
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Software Development Team
103 people
Sales and Marketing
59 people
Channel Team
44 people
Senior Team
15 people
Product Management Team
15 people
Leadership Team
14 people
Finance and Accounting
12 people
Inside Team
6 people
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Funding Insights of Milestone systems
Milestone systems has successfully raised a total of $41.79M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $1.07 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Milestone systems
Milestone systems has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Canon, European Union and Index Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology startups and entrepreneurs.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Optical, imaging, and industrial products are provided worldwide.
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Locked | Locked | Locked |
Investor details for Milestone systems
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Investments & Acquisitions by Milestone systems
Milestone systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brighter AI.
Investment portfolio details for Milestone systems
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Video analytics are developed for automotive and retail sectors.
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Locked | Locked | 2017 | Locked |
Complete acquisition details for Milestone systems
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Financial Statements - Milestone systems
Detailed financials for Milestone systems
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Milestone Systems Comparisons
Peer comparison for Milestone systems
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Competitors of Milestone systems
Detailed competitors of Milestone systems
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Latest news on Milestone Systems
Complete news archive for Milestone systems
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Frequently Asked Questions about Milestone systems
Milestone systems was founded in 1998 and raised its 1st funding round 4 years after it was founded.
Milestone systems is headquartered in Copenhagen, Denmark.
Milestone systems is a funded company, having raised a total of $41.79M across 7 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Milestone systems is 23.
Annual revenue of Milestone systems is $1.47M as on Mar 31, 2023.
Milestone Systems was founded in 1998 in Copenhagen, Denmark, within the security technology sector. AI and cloud-based video management software is developed, along with network video recorders. Features such as facial recognition, voice recognition, smoke detection, motion detection, and video tracking are integrated into the platform. Risk management, asset protection, process optimization, and real-time people identification are supported through these solutions for various organizations.
Milestone systems has made 1 acquisition, including Brighter AI.
Milestone systems has 3 investors. Key investors include Canon, European Union, and Index Ventures.
The valuation of Milestone systems is $95.18M as of Dec 2013.