Dropcam

Software engineers Greg Duffy and Aamir Virani founded Dropcam in 2009.[6] Duffy served as Dropcam’s CEO and Virani served as COO.[7] They originally developed software for cameras made by Swedish company AXIS. Wanting to develop a less expensive camera, the two companies parted ways and Dropcam started producing its own cameras that primarily provided video monitoring for homes and small businesses.[8] Duffy and Virani credit Duffy’s dad with at least part of the inspiration for Dropcam.[9] He wanted to identify the neighbor who was letting their dog poop on his lawn but they were having trouble finding a security camera that made it easy to record, stream and monitor large amounts of data.[10][11]

Dropcam received early funding from technology investor Mitch Kapor,[12] and in June 2012, Dropcam secured $12 million in venture capital funding led by Menlo Ventures and previous investors, Accel Partners and Bay Partners.[13] Dropcam has also received funding from Felicis Ventures and Kleiner Perkins Caufield & Byers.[14][15] The following year, it received $30 million more in funding led by Institutional Venture Partners, bringing the total raised to $47.8 million.[16][17] Duffy said Dropcam’s revenue grew 500 percent year over year.[16]

Dropcam hosts cloud data through Amazon Web Services[18] and Duffy says that Dropcam presently records more video than YouTube.[8][19]

Dropcam has become popular in families watching their children,[20] through monitoring pets at home, at pet stores[21] and in adoption centers. Users have also reportedly caught home-burglaries in progress.[22] Duffy has said, “Moms are using it to catch their babies' first steps when they're not around, checking that older kids have arrived home safely; contacting children who are ignoring their cell phones; and sharing footage from birthday parties.”[23]

Due to the success of Dropcam, several companies launched similar products and services in 2014 and 2015, such as SpotCam and simplicam.[24]

In June 2015, the parent company Nest has introduced Nest Cam as a successor to Dropcam Pro.[25]

Dropcam provides optional encrypted digital video recording through the cloud. The Cloud Recording service automatically saves video on a rolling basis, so users can review the past week or month of footage, depending on their plan. All users, with or without the service, can still view the live feed.[26] Dropcam allows users to download the video and create video clips while also allowing for the creation of a public stream. About 40% of Dropcam users sign up for the cloud service.[22]

As part of Dropcam's Cloud Recording service, markers are placed on a user's video timeline when motion or audio is detected, so a user may go back and view those specific events rather than watch the whole feed to search for notable activities.[26] Dropcam introduced a beta version of its Activity Recognition feature for Cloud Recording, which learns typical motion patterns in a user's video stream, allowing for customized motion alerts.[27]