Hungarian startup Vidarex Kft. received a 125 million forint investment from Hiventures to advance its cloud-based video surveillance technology in a growing market.
Target Information
Vidarex Kft. is a Hungarian startup specializing in the development of cloud-based video surveillance software systems. This innovative company aims to adapt and implement advanced security technologies within its region, where such solutions remain relatively underutilized.
The startup’s offerings are designed to cater to a growing demand for modern surveillance systems that enhance security across various sectors, including retail and public safety. By leveraging cutting-edge technology, Vidarex is positioning itself to address evolving market needs and to improve security measures effectively.
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Industry Overview in Hungary
The video surveillance market in Hungary has been evolving, characterized by a gradual shift towards cloud-based solutions. Cloud technology p
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Hiventures
invested in
Vidarex Kft.
in 2022
in a Seed Stage deal
Disclosed details
Transaction Size: $0M