PRESS RELEASE: Realwave Announces Seed Round Funding

Software Startup Focused On Intelligent Video Surveillance Cloud Platform Announces Seed Round Funding

Carlsbad, CA – April 8th, 2021 — Realwave Inc, a software company offering cloud-based enterprise-class applications for retail, transportation, healthcare, financial and campus environments, announced it has raised seed round funding totaling $2,100,000 from private investors.

The company was founded in 2016 by John Sullivan after serving years providing integrated video solutions to retail. John has been a founder in several video software solutions for retail, financial and transportation verticals. Later John was joined by Jimmy Hinshaw & Manish Sethi and incorporated Realwave Inc. in December 2019. Jimmy has decades of experience providing integrated video solutions to retail and campus environments. Manish Sethi ran his previous company for more than a decade that specialized in creating enterprise software solutions focused on compliance, scalability and cloud for healthcare and education verticals.

Realwave has created the industry’s first cloud based intelligent video surveillance platform. Influenced by today’s top consumer platforms, Realwave is leading the third wave of digital video surveillance offering an intuitive platform to stream, search and share video in real time, while in the background, analyzing every video and related operational data stream to ensure that interesting events are not missed. The platform provides end users the ability to increase safety, automate workflow, reduce shrink and drive revenue. Today many users have video surveillance systems in place yet 99% of that video is never viewed. Realwave mines this “dark data” to extract critical events. The platform integrates with IoT & data devices (like Point Of Sale, Access Control, Alarm systems) to create video “clips” of these important events to automate response & reconciliation tasks. Realwave further mines the “dark data” with advanced Artificial Intelligence to recognize safety threats, out of stock items, improve customer experience and reveal specific items of interest. “We start with a Cloud-Native platform that analyzes almost any legacy and new camera feed to automatically find and tag interesting events using our algorithms. Realwave is the first firm to provide a solution for Dark Data by embedding Deep Learning at the Edge to analyze surveillance video and related operational data to learn, tag, and alert on operational exceptions” said John. “Today users have an increasing number of screens they have to maintain to solve for business problems. We combine their data and video to provide enterprise reporting and automate workflows”. 

Prior to Realwave John was a founder at Agilence & 360iQ. Manish was President & CTO of Universal Integration Solutions. Jimmy was the Vice President & General Manager of Image Vault, LLC a division of FireKing Security Group.

About Realwave Inc:

Headquartered in Carlsbad, California, Realwave provides an intelligent video surveillance cloud platform accessible from anywhere on any connected device The company is privately funded and maintains a web presence at http://goRealwave.com.

For More Information:
Realwave, Inc.
5857 Owens Ave, Ste 300
Carlsbad, CA 92008

(888) 714-WAVE
info@realwave.io 

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Innovation Forum: Artificial Intelligence, Cloud Technology & Its Impact on Convenience at Outlook Leadership Community

Realwave brings decades of experience in an Innovation Forum hosted by Outlook Leadership Community. Join the online discussions that can improve your operations. As a Gold Sponsor of the 2020 Outlook Leadership Community Realwave is working in this new world to continue to bring quality information to your fingertips.

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Artificial Intelligence and Retail

Outlook Leadership Community drives the convenience store industry to better business intelligence. This virtual trade show is setting the standard for engagement and learning with 30+ webinars and editorial interviews as well as discussion boards with key community leaders.

Running August – December 2020 hear from key players in the industry, including Realwave.

Realwave is looking ahead with Outlook Leadership Community

We are excited to be a Gold Sponsor of the 2020 Outlook Leadership Community! We will miss visiting with you all in person but cannot wait to share how Realwave’s cloud solution can improve operational efficiency, provide solutions for Covid-19 challenges, maximize marketing efforts and of course provide intelligent video surveillance.

Gold Sponsor - Outlook Leadership Community

Outlook Leadership Community drives the convenience store industry to better business intelligence. This virtual trade show is setting the standard for engagement and learning with 30+ webinars and editorial interviews as well as discussion boards with key community leaders.

Running August – December 2020 hear from key players in the industry, including Realwave.

Realwave, Inc. chosen as one of San Diego’s Cool Companies for 2020

PRESS RELEASE

CARLSBAD, CA / NEWS and PRESS / May 28, 2020 / Realwave, Inc. a Video Surveillance as a Service platform at the forefront of Intelligent Video Surveillance Cloud, today announced that they were selected as one of San Diego’s “Cool Companies for 2020” by Connect with San Diego Venture Group.

Cool Companies is an annual capital program designed to match San Diego’s best technology and life sciences startups ready to raise Series A — with quality venture capital.  The program selects top tier, local entrepreneurs raising institutional funding, and grants them opportunities for direct access to capital providers. The program regularly attracts over 200 VCs to the region annually. Since 2016, Cool Companies have raised over $400M, in just Series A institutional funding. 

“We’re excited to be recognized as a Cool Company for 2020,” said John Sullivan, Founder and CEO of Realwave, Inc.  “We’re looking forward to helping America get back to work. Together with the support of Connect, we’re using our platform to help operators have a safe and profitable re-opening, saving time and adding some peace of mind.”

“We received a record number of applications from extraordinary companies for the ‘Cool Companies’ program this year,” Mike Krenn, CEO of Connect.

About Realwave Inc.

Realwave, Inc. is leading the next wave of digital video surveillance by uniquely leveraging video analytics, data from integrated devices, and Artificial Intelligence to curate interesting events and insights that improve business execution across the enterprise. Realwave, Inc. provides an intuitive platform to stream, search and share video in real-time and while in the background, analyze every video and related operational data stream to ensure that interesting events are never missed.  Realwave, Inc. is headquartered in Carlsbad, California. For more information, please visit www.realwave.io.

About Connect

Connect is a community nonprofit organization passionate about helping tech and lifesci entrepreneurs build great companies. Connect serves entrepreneurs throughout their growth journey with a suite of curated programs aimed to help companies grow, gain access to capital, and scale.  The national venture capital community is annually presented with ‘Cool Companies’, San Diego’s top-performing startups, selected neutrally by our elite community of VCs, angel investors, entrepreneurs, executives, market influencers, and community leaders.

Investor Contact:

John Sullivan
CEO
john@realwave.io