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Monroe Capital Expands Credit Facility to Qognify

February 26, 2019, 08:00 AM
Filed Under: Security Systems

Monroe Capital LLC announced an increase in its credit facility to Qognify to support the acquisition of On-Net Surveillance Systems, Inc. (OnSSI) and the OnSSI Company, SeeTec GmbH. Qognify is an existing portfolio company of Battery Ventures.
Based in Pearl River, New York, OnSSI was founded in 2002 with the goal of developing comprehensive and intelligent IP video management software (VMS). Today, the company has an established presence in more than 100 countries, where its Ocularis and Cayuga VMS solutions are relied upon by education, gaming, government, healthcare, manufacturing, retail, public safety, transportation and utilities organizations. SeeTec GmbH is a pioneer of IP video technology and today a leading provider of VMS software in Europe. In bringing these technology solution portfolios together under one roof, including Qognify, NiceVision, VisionHub and FAST, OnSSI Ocularis and SeeTec Cayuga, Qognify becomes one of the largest VMS, Video Analytics, PSIM and critical incident management companies in the world.

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