Vigilant Solutions Funding, Investors & Competitors

Vigilant Solutions has raised $113M across 2 funding rounds, most recently a $110M undisclosed-stage round in April 2015.

Last Vigilant Solutions funding round

$110M

Undisclosed stage · Apr 2015

Cumulative funding Vigilant Solutions raised

$113M

across 2 funding rounds

Key investors in Vigilant Solutions

  • Morgan Stanley Expansion Capital

Vigilant Solutions Overview

About Vigilant Solutions

Vigilant Solutions is a Livermore-headquartered provider of automatic license plate recognition systems and vehicle intelligence for law enforcement agencies in North America. The company supplies LPR cameras, fusion databases with over 10 billion reads, and investigative search tools like HotList alerts. Acquired by Motorola Solutions in 2019, Vigilant integrates with body cams and CAD systems. Originating from semiconductor imaging tech in the 1990s, it supports narcotics and stolen vehicle investigations.


Founded

2005

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2G

Revenue model

Product sales, Subscription

Vigilant Solutions Funding History

Vigilant Solutions has raised a total of $113M across 2 funding rounds.

Vigilant Solutions' first fundraising round was a $3M seed round in August 2014. The most recent completed round was a $110M undisclosed-stage round in April 2015.

Vigilant Solutions funding rounds

Vigilant Solutions funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2015Undisclosed stageMorgan Stanley Expansion Capital$110MVigilant Solutions received its first institutional investment from Morgan Stanley Expansion Capital in March 2015. The company provides license plate recognition and facial recognition products and solutions for law enforcement and security applications. This investment aligned with Morgan Stanley Expansion Capital's strategy of targeting late-stage growth equity in technology companies with established products seeking capital to scale operations. Morgan Stanley Expansion Capital typically invests $20-60 million in such transactions, focusing on first institutional rounds, growth carve-outs, or follow-on opportunities without seeking controlling stakes. The platform emphasizes partnerships with management teams to drive value through revenue growth and capital efficiency. Vigilant Solutions fit this profile as a U.S.-based technology firm in the surveillance sector. The investment realized in January 2019 through a strategic purchase, consistent with the fund's approach to late-stage companies nearing profitability or exit.
Aug 2014Seed-$3M-

Who has invested in Vigilant Solutions?

1 investor has backed Vigilant Solutions across its funding rounds, including Morgan Stanley Expansion Capital.


Vigilant Solutions Investors

Investors in Vigilant Solutions by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Vigilant Solutions

Vigilant Solutions has acquired 1 company to date.

Last acquisition by Vigilant Solutions was on June 13th 2018. Vigilant Solutions acquired Shotcaller Global for undisclosed valuation.


Latest Acquisitions by Vigilant Solutions

Shotcaller Global
Description
-
HQ CountryUnited States
HQ City
Los Angeles, CA
Deal Date13 Jun 2018
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Vigilant Solutions Competitors

Vigilant Solutions competitors include listed companies like Cellebrite, Secunet, Tyler Technologies and TechnologyOne, and private ones like Govini and ReliaQuest.

Public and private companies comparable to Vigilant Solutions
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CellebriteIsraelIsraelPublicly listed$476M$79M$3B4.8x
SecunetGermanyGermanyPublicly listed$528M$86M$1.5B2.6x
GoviniUnited StatesWashington, DCPrivate$100M-$1B10.0x
Tyler TechnologiesUnited StatesUnited StatesPublicly listed$2.3B$543M$14B5.8x
TechnologyOneAustraliaAustraliaPublicly listed$426M$182M$6.7B13.7x
ReliaQuestUnited StatesTampa, FLPrivate$300M-$3.4B11.3x

Vigilant Solutions Public Comps

Vigilant Solutions is still privately-owned, but its public comps include Palantir, Palo Alto Networks, CrowdStrike, IBM, Fortinet, Cloudflare, Constellation Software, Okta, Zscaler and F5.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Palo Alto Networks$11B$1B26.7x25.9x301.1x76.9x
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
IBM$68B$17B4.2x4.0x16.9x14.6x
Fortinet$6.8B$2.3B18.1x15.9x53.7x41.9x
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Okta$2.9B$245M10.6x10.0x126.4x36.4x

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Common questions about Vigilant Solutions

When was Vigilant Solutions founded?Vigilant Solutions was founded in 2005.
Where is Vigilant Solutions headquartered?Vigilant Solutions is headquartered in San Francisco, CA, United States.
Is Vigilant Solutions publicly listed?No, Vigilant Solutions is a private, VC-backed company.
How much funding has Vigilant Solutions raised?Vigilant Solutions has raised $113M across 2 funding rounds.
What was Vigilant Solutions' last funding round?Vigilant Solutions' last funding round was a $110M undisclosed-stage round in April 2015.
Who are Vigilant Solutions' investors?Vigilant Solutions' investors include Morgan Stanley Expansion Capital.
Which companies are comparable to Vigilant Solutions?Companies comparable to Vigilant Solutions include Cellebrite, Secunet, Govini, Tyler Technologies, TechnologyOne and ReliaQuest.
How many companies has Vigilant Solutions acquired?Vigilant Solutions has acquired 1 company, including Shotcaller Global.

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