Priority 5 takes aim at security threats with data analysis
AMES, Iowa — Priority 5 has been awarded a $250,000 loan from the Innovation Acceleration Fund to help bring to market the company’s software product.
Founded in 2006, Priority 5 recognized the need for a platform that enables government and business organizations to quickly respond to security threats with decisions based on true situational awareness.
At that time many technology solutions increased the data available to operators within specific information silos, such as camera feeds, sensors and alarms, radar and sonar, video analytics and 911 calls. To help decision makers assimilate and understand the impact of these expanded data streams, the company developed the platform that would become the Touch Assisted Command and Control System (TACCS).
The Iowa Innovation Acceleration Fund promotes the formation and growth of businesses that engage in the transfer of technology into competitive, profitable companies that create high-paying jobs. The funds are designed to support commercializing research, launching new startups and accelerating private investment and industrial expansion efforts that result in significant capital investment. Priority 5 will use its funds for market planning and entry activities and key personnel.