When was Milestone systems founded?

Milestone systems was founded in 1998 and raised its 1st funding round 4 years after it was founded.

Where is Milestone systems located?

Milestone systems is headquartered in Copenhagen, Denmark. It is registered at Lake Oswego, Oregon.

Who is the current CEO of Milestone systems?

Thomas Jensen of Milestone systems.

Which legal entities is Milestone systems associated with?

Milestone systems is associated with Milestone Systems A/s and 6 others.

How many employees does Milestone systems have?

As of Jul 31, 2026, the latest employee count at Milestone systems is 1678.

Is Milestone systems a funded company?

Milestone systems is a funded company, having raised a total of $41.8M across 7 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Dec 19, 2002.

How much is Milestone systems worth?

The last known valuation of Milestone systems was $***** as of Dec 05, 2013.

When was the latest funding round of Milestone systems?

Milestone systems' latest funding was a $***** Grant (prize money) round on Sep 01, 2018, with participation from 1 investor.

Where does Milestone systems rank among its competitors?

Milestone systems ranks 1st amongst 2 active competitors, none of which are funded.

Milestone systems - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of AI and cloud-based video management software. It provides users with a platform that offers both software and NVRs and incorporates facial recognition, voice recognition, smoke detection, motion detection, and video tracking. It also provides solutions to enable organizations to manage risks, protect people and assets, optimise processes, and real-time identification and authorization of people.

Website: www.milestonesys.com/
Social
Email ID: *****@milestonesys.com
Phone Number: +45 **********
Registered Address: Lake Oswego, Oregon

Key Metrics

Founded Year

1998

Location

Copenhagen, Denmark

Stage

Acquired

Total Funding

$41.8M in 7 rounds

Latest Funding Round

Grant (prize money), Sep 01, 2018, $*****

Last Known Valuation

$***** as on Dec 05, 2013

Investors

Index Ventures & 3 more

Ranked

1^st among 2 active competitors

Employee Count

1,678 as on Jul 31, 2026

Investment & Acquisitions

Brighter AI

Similar Companies

Boring Lab

Exit Details

Acquired by Canon (Jun 13, 2014)

View Milestone systems' full profile

Milestone systems is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Milestone CIN: 40203297600 , Latvia, Active	Mar 03, 2021	€0 - €1M (As on Dec 31, 2024)	2 (As on Dec 31, 2022)	-
Milestone Company ApS CIN: 39916282 , Denmark, Active	Oct 01, 2018	-	-
MILESTONE CIN: 40003875023 , Latvia, Deadpooled	Nov 17, 2006	€0 - €1M (As on Dec 31, 2015)	2 (As on Dec 31, 2015)	-
Milestone Systems A/s CIN: 20341130 , Denmark, Active	Jul 31, 1997	-	1471 (As on Dec 31, 2024)
MILESTONE X-PROTECT INDIA PRIVATE LIMITED CIN: U74140DL2015PTC275602 , India, Active	Jan 16, 2015	₹10 - ₹50 Cr (As on Mar 31, 2025)	23 (As on Mar 31, 2024)
MILESTONE SYSTEMS, INC. CIN: 202338847 , United States, Active	Dec 26, 999	-	290 (As on Dec 31, 2024)	-
Milestone Integration Services ApS CIN: 38582208 , Denmark, Active	Apr 11, 2017	-	18 (As on Aug 31, 2024)

Milestone systems got acquired by Canon on Jun 13, 2014.

Click here to take a look at Milestone systems's acquisition in detail

Milestone systems has raised a total funding of $41.8M over 7 rounds. Its first funding round was on Dec 19, 2002. Its latest funding round was a Grant (prize money) round on Sep 01, 2018 for $*****. 1 investor participated in its latest round. Milestone systems has 4 institutional investors.

Here is the list of recent funding rounds of Milestone systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2018	9414002	Grant (prize money)	1884501	2019624	7211237	3924414
Dec 05, 2013	2969581	Series B	9563655	5110430	5344889	2578397
Apr 12, 2011	7969792	Series B	8750940	3004029	8710080	9536785

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View details of Milestone systems's funding rounds and investors

The founders of Milestone systems are Henrik Friborg Jacobsen and John Blem.

Here are the details of Milestone systems' key team members:

Henrik Friborg Jacobsen: Co-Founder of Milestone systems.
John Blem: Co-Founder of Milestone systems and founder of 1 other company.
Contact Info: 1 email address
Thomas Jensen: CEO of Milestone systems.
Contact Info: 1 email address

Milestone systems' Board of Directors

Milestone systems's board has 1 active member. Steen Andersen is independent board member.

Here is the list of Milestone systems' board of directors:

Name	Type	Representing	Status	Duration
Steen Andersen	Independent board member	-	Current	4y 8m

View details of Milestone systems's Founder profiles and Board Members

Milestone systems' employee count trend

Milestone systems has 1,678 employees as of Jul 26. Here is Milestone systems's employee count trend over the years:

Employee count trend for Milestone systems

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Top competitors of Milestone systems include Boring Lab. Here is the list of Top 10 competitors of Milestone systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Milestone systems 1998, Copenhagen (Denmark), Acquired	Developer of AI and cloud-based video management software	$41.8M	Index Ventures, LNC Partners & 2 others	65/100
2nd	Boring Lab 2018, El Segundo (United States), Unfunded	Cloud based platform offering camera management software for safety	-	-	27/100