Brown and White Ventures Invests $200,000 in Bounce Imaging as Startup Expands $11 Million Defense Business
Updated
Updated · Buffalo News · Jul 10
Brown and White Ventures Invests $200,000 in Bounce Imaging as Startup Expands $11 Million Defense Business
2 articles · Updated · Buffalo News · Jul 10
Summary
$200,000 from Brown and White Ventures will help Buffalo-based Bounce Imaging expand production of its tactical 360-degree cameras and speed ties with law enforcement and defense customers.
Bounce Imaging already landed $11 million in new U.S. Department of Defense contracts this year, including work with special operations units, giving the funding a clear growth target.
The company makes many of its cameras in Buffalo and employs 20 people, with eight based in Western New York, anchoring the investment in local manufacturing.
Brown and White Ventures, launched a year ago by St. Bonaventure alumni Chuck O’Neill and Jim Aroune, has also pledged 10% of net profits to the university’s business school.