Summary is AI-generated, newsdesk-reviewed
  • HiveWatch appoints James Segil to board, following $33M Series B funding for AI security platform.
  • Segil brings expertise from Openpath, expected to drive HiveWatch's accelerated growth.
  • HiveWatch integrates security tools into single dashboard, reducing false alarms with AI technology.

HiveWatch, a platform integrating artificial intelligence into physical security solutions, has announced the appointment of James Segil to its board of directors.

This development occurs as the company is poised to expand following a successful $33 million Series B funding round, spearheaded by Anthos Capital alongside contributors Harmonic Growth Partners, Across Capital, and existing investors.

Segil's Strategic Influence

The inclusion of Segil on the board provides HiveWatch with the expertise of a leader known for transforming the physical security landscape by incorporating smartphones as security credentials.

His extensive experience in enterprise sales, partner networks, and market strategies is expected to drive HiveWatch's post-investment expansion efforts.

Career Background

Segil, a seasoned entrepreneur and technology leader, boasts a history of establishing and scaling ventures

Segil, a seasoned entrepreneur and technology leader, boasts a history of establishing and scaling ventures in sectors such as access control, security, and enterprise infrastructure. Recently, he held the position of President and Co-Founder at Openpath Security, a provider of advanced physical access control solutions that was acquired by Motorola Solutions in 2021.

During his time at Motorola, Segil was instrumental in overseeing marketing and inside sales for the Video Security & Access Control division, promoting global growth and product integration.

Successful Ventures

Before his tenure at Openpath, Segil was involved in founding and leading several tech companies to successful acquisitions, including EdgeCast Networks (acquired by Verizon), KnowledgeBase Solutions (acquired by Talisma), and Virtualis Systems (acquired by Allegiance Telecom).

Reflecting on his new role, Segil remarked, "Physical security is at an inflection point, and HiveWatch is at the forefront of defining what the modern GSOC should look like." He expressed enthusiasm about collaborating with HiveWatch's leadership, including Ryan, Jordan, and the board, as the company embarks on its next growth phase.

HiveWatch's Integrated Security Solutions

HiveWatch amalgamates previously isolated security components—such as video, access control

At its core, HiveWatch amalgamates previously isolated security components—such as video, access control, alarms, sensors, and threat intelligence—into a unified dashboard. This platform is driven by the company’s AI Operator, designed to understand each client's environment, thereby minimizing false alarms and improving incident response efficiency.

HiveWatch's technology is widespread, safeguarding assets worldwide, with approximately 95% of Americans engaging with products or services protected by its solutions.

Meeting Enterprise Demands

"James has built category-defining companies across multiple verticals, and we welcome his valuable insights as we enter our next phase of growth," stated Ryan Schonfeld, Co-Founder & CEO of HiveWatch.

Schonfeld views Segil's proven track record in scaling organizations as crucial for meeting the growing demands of complex global enterprises to ensure the security of their personnel and operations.

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