Security Sales & Integration November 2022 - 22

MARKETS
VIEW, Calif. -
Knightscope announces the signing of
a definitive agreement to acquire CASE
Emergency Systems and was expected to
close on the transaction during October.
The acquisition is planned to boost the
company's revenues while increasing its
positive impact on the safety of communities
nationwide, according to the announcement.
CASE
is said to be a leader in blue
light emergency phones and an innovator
in next-generation wireless emergency
communications technology, providing
Knightscope with a strategic entry into a
nationwide market.
Audited full year results reflect CASE
generated more than $5.4 million of
profitable revenue in 2021. The accretive
transaction provides a significant increase
in physical presence to Knightscope with
in excess of 7,000 devices currently deployed
across the U.S., nine production
and logistics facilities spread throughout
VERTICALS
MONITORING DISTRIBUTION
Knightscope Scoops Up Blue Light
Provider CASE Emergency Systems
▶ MOUNTAIN
The transaction will strengthen Knightscope's
already 7,000+ strong devices
currently deployed.
California, Texas and New York, and a
seasoned team located across four states,
according to the company.
Knightscope states that the acquisition
is planned to contribute to its sales strategy,
given CASE's relationships with numerous
key clients, including major airports, top
law enforcement agencies, universities,
municipalities, rail, healthcare, parks and
the U.S. federal government. These relationships
will complement and strengthen
Knightscope's growing autonomous secuDoorDash
Enlists Cobalt Robotics
for More Office Security
▶ FREMONT, Calif. - Cobalt Robotics has announced a partnership
with DoorDash. The customer has implemented Cobalt's AI
automated robots to increase security for its corporate offices
and help its employees transition back to the office safely. This
is the first time DoorDash has deployed AI robots in its office for
securing the workplace.
" DoorDash is fully committed to the safety and security of
its employees and workplaces. By placing leading technologies
and data at the center of our workplace strategy, we have
been able to achieve our safety and security objectives while
simultaneously fostering the curated experiences that drive
human connection and innovation, " says Chris Cherry, head
of global safety and security for the company. " The same
ingredients that went into building DoorDash into a multicategory
leader are present in how we approach safety and
security at DoorDash. "
As more employees returned to the office, DoorDash began
using Cobalt robots to perform routine security tasks including
22
Security Sales & Integration NOVEMBER 2022
rity robot business with a comprehensive
product portfolio and broadened physical
footprint, the company says.
" In order to achieve our long-term mission
of making the United States the safest
country in the world, we must drive a massive
upgrade to our nation's public safety
infrastructure. Knightscope intends to do
that by leveraging our current and future
technologies in a major overhaul and expansion
effort nationwide working closely
with our clients - building on what
CASE has built. We welcome the CASE
team to the Knightscope family, and together
we will accelerate our journey to
a safer, brighter future with innovative
technologies and comprehensive public
safety solutions, " says William Santana
Li, chairman and COO of Knightscope.
As part of the transaction, Sebastian
Gutierrez, founder, president and CEO
of CASE, is joining Knightscope as senior
V.P. of public safety infrastructure
development.
patrols for hazard and threat identification, perimeter control,
security escorts and alarm response.
Dynamark Monitoring Secures $20M Credit Line
▶ BOSTON - Rockland Trust's Security Alarm Lending Group
announces it has provided a multiyear, $20 million revolving
line of credit to Dynamark Monitoring.
Headquartered in Hagerstown, Md., Dynamark provides
wholesale security monitoring services for more than 500
security alarm dealers and retail security services for in excess
of 13,000 customers across the United States.
" The Security Alarm Lending team at Rockland Trust has
developed a solid working relationship with the executive
leadership team at Dynamark. We look forward to strengthening
this partnership and assisting Dynamark in their continued
success, " says Joe Herzog, senior vice president of specialized
lending at Rockland Trust.
Proceeds from the revolving line of credit will be used to support
the monitoring provider's steady acquisition strategy as it
expands its growing footprint, according to the announcement.
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Security Sales & Integration November 2022

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