But, anyways, it's a centralized physical security application (think automated video monitoring on steroids).
I'm still playing with getting a proof-of-concept off the ground at this point - the math involved is pretty challenging for me.
I can confirm on this one. It's amazing how much money I've seen shelled out for utter crap surveillance / software combined systems, where the individual components are relatively inexpensive commodity stuff; the majority of the price is for simply having a passable bit of software that ties it together in a way that is useful from a surveillance standpoint.
But don't be surprised if you get a strange email in a few months from 'that guy' you won't remember from YC ;-)
Its astounding how little expertise they have in Internet Protocol, encryption, non-repudiation, codecs and RAID.