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Surveillance video systems are virtually everywhere, but they're mostly used for investigating malfeasance after the fact. But a startup called 3VR Security is giving companies the ability to tap into the video feeds to identify criminal behavior before it happens.
San Francisco-based 3VR, which earlier this month received a $15 million investment from DAG Ventures, Palo Alto, Calif., sells a software-based appliance that plugs into IP-based video surveillance systems, extracts biometric facial recognition data from the feed and converts it into searchable information.
Organizations such as banks can aggregate video data into a...