Qognify is an independent company that was spun out from NICE Systems’ Physical Security Business Unit, following its acquisition by Battery Ventures. Qognify’s solutions focus on the physical-security and mission-critical operations markets. The company helps clients capture, analyze and leverage big data to anticipate, manage and mitigate security and safety risks, as well as to maintain business continuity and optimize operations; customers include banks, utility companies, airports, seaports, city centers and transportation systems, as well as venues hosting sporting events and major tourist attractions.
In December 2018, Qognify acquired OnSSI Group.
Jesse Feldman, General Partner at Battery Ventures
Battery Ventures General Partner Jesse Feldman shares the reasons behind the acquisition of Physical Security Business Unit (PSBU), part of the security division NICE Systems, at the time of the transaction in August 2015. PSBU, which provides video-management, video-analytics and situation-management solutions, was spun out into an independently operating business, now Qognify.