Westec InterActive Receives $20 Million Boost
IRVINE, Calif.
Alarm monitoring firm Westec InterActive has received a $20 million cash infusion. Equity firm Clarity Partners recently announced it has invested $17.5 million in Westec. Westec CEO/Owner Gerald T. Vento invested an additional $2.5 million.
The capital will be used to expand development of Westec’s advanced technologies for intelligent business monitoring and to allow the company to aggressively grow through acquisitions.
“Clarity’s investment in Westec reinforces our belief in Jerry Vento’s vision of intelligent business monitoring that goes beyond traditional security,” said Clarity partner Clint Walker. “Westec is leading the frontier in the application of these intelligent technologies, and we look forward to a successful partnership.”
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