TimeSight Systems receives additional venture funding

Video storage solutions provider TimeSight Systems announced Tuesday that it has accepted additional funding from new and existing investors.

According to a statement, New York-based Contour Venture Partners will join existing TimeSight investor New Venture Partners in providing the company with funding.

The company said that it will use the funds to pursue market expansion opportunities domestically and internationally.

"This is an exciting time of growth for us, both in market presence and customer base," said Charles Foley, CEO and chairman of TimeSight Systems. "Over the last two years we’ve added significant feature/function to the base product, and are positioned extremely well for expansion. We’re pleased to have Contour Ventures join our team, and we look forward to working with them as well as our existing investors to aggressively drive deeper into this market."