9/6/2023 0 Comments Liveview technologies careersWhile theft-related savings and real-time site awareness are a significant benefit for many of our customers, preventing violent crime and saving lives are the most important goals of our company, and at the forefront of everything we do,” said LVT Co-founder and CEO, Ryan Porter. “LVT’s mission is to make the entire world safer and more secure. For Asset Protection leaders, this is the most important outcome because employee and customer safety is our top priority.” Since partnering with LVT over a year ago, it dropped to zero. “LVT doesn’t just record incidents, they help prevent and deter them entirely,” said Mike Lamb, Vice President Asset Protection & Safety at Kroger. “They are currently supporting one retail location that averaged 15 incidents of gun violence per year. Just the physical presence and visibility of LVT’s on-site security towers outside retail locations have helped many customers reduce theft by over 65%, and theft-related shrink costs by more than 85%. With active discovery, deterrence, and defense, LVT customers see a more than 60% reduction in violent crimes on their properties. LVT customers like the Kansas City Chiefs, Marathon Oil, the City of Camden, and thousands more use its proprietary systems to ensure public, employee, customer, and facility safety. LVT will use the funds to power even more advanced product research and development, continue recruiting top technical, manufacturing, and business talent, and drive expansion into the international security market. With demand for LVT’s rapidly deployable commercial security systems increasing across both public and private sectors, the company has grown 514% from last year's valuation. LVT’s user-friendly, enterprise-grade solutions quickly secure any physical environment using intelligent automation and actionable, real-time data. Rob Rueckert, Partner at Sorenson Capital, will join LVT’s Board of Directors. Miller Group and previous investment partners, Lead Edge Capital and Pelion Venture Partners. The company’s recurring revenue has grown 133% in the last year, and averaged over 100% in the last five years. The Utah Governor’s Office of Economic Opportunity (Go Utah) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that LiveView Technologies, Inc.SALT LAKE CITY, J(GLOBE NEWSWIRE) - LiveView Technologies (LVT), the leader in intelligent safety and security ecosystems, today announced that it has raised $50M in Series B funding in collaboration with growth investment firm Sorenson Capital. (LVT) will expand its Orem headquarters bringing up to 3,400 new high-paying jobs in the next 10 years. Capital expenditures associated with the project are $328.2 million. “We’re excited they have decided to expand in Utah, and we wish the company continued success.” “LiveView Technologies has a unique business model that has allowed the company to grow rapidly,” said Dan Hemmert, Go Utah’s executive director. LVT provides a cloud-based software platform that collects, stores, and organizes data from various sensors via cellular networks. The primary source of this data comes from proprietary solar-powered portable trailers equipped with cameras and other sensors, typically providing safety and security services in a wide variety of industry verticals. These systems provide condition-based automated responses, including pre-recorded and live two-way audio communication, lighting functions, law enforcement notifications, and more. “We’re excited to align with the Office of Economic Opportunity,” said CEO and Founder Ryan Porter. These incentives will make it easier for us to stay competitive and attract top talent to Utah while we help make the world a safer place.” “We started in Utah, and it’s part of who we are as a company. LVT may receive up to 20% of the additional state taxes it will pay over the 10-year life of the agreement in the form of a Utah Legislature-authorized Economic Development Tax Increment Finance (EDTIF) tax credit. #Liveview technologies careers portable.
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