What is Select Engineered Systems?
Select Engineered Systems, Inc., founded in 1976 and based in Hialeah, Florida, operates within the Security and Investigations industry. The company specializes in a comprehensive suite of access control and communication solutions. Their product portfolio includes advanced systems for gate entry, telephone entry, and elevator control, integrated with card access and digital keypad technologies. Furthermore, Select Engineered Systems offers robust intrusion detection systems, emergency communication stations, and RF transmitters/receivers. Their innovative offerings extend to wireless Ethernet bridge technology and 'no phone bill' communication systems, alongside Windows-compatible software for communication and access control management. The company's focus on building communication systems without traditional phone lines and providing voice-enabled on-site monitoring for high-rise residential security highlights their commitment to modern security challenges.
How much funding has Select Engineered Systems raised?
Select Engineered Systems has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Select Engineered Systems?
Given the 'large-scale late-stage funding' context, Select Engineered Systems is likely poised for significant expansion and market penetration. This strategic financing will probably fuel advancements in their product development, particularly in areas like integrated security software and wireless communication technologies. The company may also look to broaden its geographical reach and enhance its sales and support infrastructure to capitalize on the growing demand for sophisticated security solutions in both residential and commercial sectors. Further investment could also be directed towards strategic acquisitions to consolidate market position or integrate complementary technologies.
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