Realwave

What Realwave does

Realwave, Inc. is a Carlsbad, California-based technology company that sells an Intelligent Video Surveillance Cloud built around its proprietary DIVE (Deep Learning Integrated Video Engine) autonomous monitoring framework. The platform combines cloud-native video management (RealCloud VSaaS), embedded deep learning at the edge on Realwave-branded AI Edge Recorders (REX series), and a suite of analytics modules under the Real-Intelligence sub-brand, including VaxALPR (license plate recognition at claimed 99.6%+ accuracy, 150+ countries), VaxOCR Genesis (99%+ OCR accuracy), VaxContainer (ISO 6346 shipping container recognition), and the Helix global LPR database. The DIVE engine analyzes video streams alongside structured data from integrated IoT devices (POS, access control, environmental and temperature sensors, safes, RTLS, and panic buttons) to detect operational exceptions, automatically generate 15-second pre/post-event video clips, and dispatch alerts. Founded in 2016 and incorporated in December 2019, Realwave sells to enterprise customers across six primary verticals (retail, healthcare, transportation, hospitality, public sector, and broader enterprise) through a direct enterprise sales motion supplemented by a Technology Partner Program and Channel Partner Program that includes Axis, Genetec, Nvidia, Hanwha, Vaxtor, and Milestone. Revenue is generated through VSaaS subscriptions, AI Edge Recorder hardware sales, and software licensing of Vaxtor-derived analytics modules, with quote-based annual pricing. In September 2025, Realwave's operating assets were acquired by ePlus Inc. through its subsidiary OneCloud Consulting.

Name

Realwave

Legal name

Realwave, Inc.

Website

https://realwave.io

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

11–50 employees

Short description

Realwave provides a cloud-native intelligent video surveillance platform powered by its proprietary DIVE deep learning engine, combining edge analytics, IoT data correlation, and ALPR/OCR modules to serve enterprises across retail, healthcare, transportation, hospitality, and public-sector verticals.

Ownership category

akta.pro rank

Product category

Intelligent Video Surveillance Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cloud Video Surveillance (VSaaS) Setup & Management (HSAHACAE)

akta.pro secondary industries

AI/Analytics Video Surveillance (Detection, LPR, People Counting) (HSAHACAF), Remote Video Monitoring Services (Live/Virtual Guard) (HSAHACAB)

Keywords

• Intelligent video surveillance
• Cloud video management
• AI video analytics
• License plate recognition
• Edge deep learning

Headquarters

HQ city

Carlsbad

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Video Surveillance as a Service (VSaaS): Cloud-based subscription model for intelligent video surveillance services providing secure video access, operational intelligence, and real-time exception monitoring accessible from any device.
2. AI Edge Hardware Sales: Sale of AI Edge Recorders (REX-Mini-AIB, REX-3200H, REX-1600) with embedded analytics software for on-premise video processing.
3. Software Licensing (Vaxtor Products): Licensing of specialized OCR/ALPR software including VaxOCR Genesis, VaxContainer, and VaxALPR engines integrated into the Realwave platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Realwave provides an Intelligent Video Surveillance Cloud powered by its proprietary DIVE (Deep Learning Integrated Video Engine) that analyzes video and integrated IoT device data 24/7 to detect operational exceptions and generate real-time alerts with pre/post-event video clips. Its offering includes the RealCloud VSaaS platform, the AI Edge Recorder hardware line (Rex-Mini-AIB, REX-3200H, REX-1600), and the Real-Intelligence suite (VaxALPR, VaxOCR Genesis, VaxContainer, and Helix global LPR database) sold to enterprise customers in retail, healthcare, transportation, hospitality, public sector, and general enterprise verticals.

Product overview

Realwave offers an Intelligent Video Surveillance Cloud platform centered on its DIVE autonomous monitoring engine. The core RealCloud (VSaaS) platform provides cloud-based video streaming and management, while the DIVE engine powers real-time exception monitoring by combining video analytics with integrated IoT device data. The Real-Intelligence sub-brand includes specialized modules: VaxALPR for license plate recognition (99.6%+ accuracy, 250+ km/h operation), VaxOCR Genesis for multi-function OCR, VaxContainer for shipping container recognition, and Helix as a global LPR database. AI Edge Recorders (Rex-Mini-AIB, REX-3200H, REX-1600) provide on-premise hardware with embedded deep learning analytics. The platform targets dark data elimination from enterprise video surveillance across retail, healthcare, transportation, hospitality, enterprise, and public sector verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• RealCloud (VSaaS) Cloud-based Video Surveillance as a Service (VSaaS) platform that delivers ultra-low latency, secure video streaming, playback, and centralized management accessible from any browser or mobile device without VPN or port forwarding. Designed for enterprise customers in retail, healthcare, transportation, hospitality, and public sector verticals.
• DIVE Engine Proprietary autonomous monitoring engine that applies deep learning with integrated device data and image processing to continuously monitor for real-time exceptions, acting as a virtual 24/7 surveillance agent. Uses an event-driven, non-blocking I/O architecture for distributed real-time processing across edge and cloud, generating workflow outputs, alerts, and 15-second pre/post event video clips.
• VaxALPR Automatic License Plate Recognition engine providing 99.6%+ accuracy in independent trials, operating at speeds up to 250 km/h (above 125 mph) across 150+ countries with Latin, Arabic, and Thai font support. Includes multi-lane detection, black/white lists, Make/Model/Color recognition (470+ makes, 7500+ models), vehicle classification, speed measurement, and red-light enforcement.
• VaxOCR Genesis User-programmable multi-function OCR engine with 99%+ recognition rate for uppercase Latin characters and numbers. Reads horizontal and vertical codes, ID cards, passports, shipping labels, VIN plates, and various document types, with triggered and free-flow operational modes and complex scenario filtering.
• VaxContainer Specialized OCR module for ISO 6346 shipping container code recognition in the logistics industry. Provides control digit validation, directional filtering, and real-time reporting for ports, terminals, and transit areas.
• Helix - Global LPR Database Centralized back-office management system for storing and managing license plate reads from multiple LPR cameras. Scales from 1 million to 50+ million reads (Ultimate version), supports multi-tenancy with granular permissions, exposes a REST API, and provides Grafana visualization along with whitelist/blacklist management.
• AI Edge Recorders Hardware edge recording platforms including Rex-Mini-AIB (with Nvidia Orin Nano 8GB GPU), REX-3200H (32-channel hybrid), and REX-1600 (16-channel IP) models. Pre-loaded with the Realwave embedded media server and RealVue analytics for on-premise deep learning video processing.

Quantifiable outcome

• Intelligent video is 20x more efficient than traditional video-only monitoring
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability11 records

Feature8 records

Partnerships

One partnership is on record.

• VaxtorcoreTechnology or Integration · 27 September 2024Realwave became an Elite Technical Partner for Vaxtor, combining Vaxtor's ALPR, Container recognition, and OCR technologies with Realwave's intelligent video surveillance platform. The partnership integrates VaxOCR Genesis, VaxContainer, and VaxALPR with Realwave's serverless and hybrid deployment capabilities. Vaxtor provides recognition rates above 99% for OCR and 99.6% for ALPR, supporting over 150 countries. Partnership extends support to Vaxtor's technical partners in North America including Axis and Genetec.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rhombus Systems: Cloud-based physical security platform combining cameras, access control, and AI-powered video analytics for enterprise — comparable vertical breadth and recurring SaaS model.
• Eagle Eye Networks: Pure-play cloud VSaaS provider offering centralized video management with AI analytics layered on top — directly comparable to RealCloud and the DIVE engine approach.
• Milestone Systems: Open-platform VMS vendor widely deployed in retail, transportation, and public sector — overlaps directly with Realwave's enterprise video management positioning and partner ecosystem.
• Genetec: Major enterprise VMS provider with native ALPR, access control, and analytics. Realwave integrates with Genetec as a technology partner and competes with its Security Center platform.
• Verkada: Cloud-native video surveillance platform combining cameras, VMS, and AI analytics in a unified subscription. Closest direct competitor to Realwave's VSaaS-plus-analytics model, though at far greater scale and capital base.
• OpenEye (Alarm.com): Cloud-managed video surveillance platform for enterprise and multi-site operators — directly comparable VSaaS model targeting retail, healthcare, and hospitality verticals.

Others

• Axis Communications: Network camera and IP video infrastructure vendor with an analytics partner program — Realwave integrates with Axis hardware and is part of its technology partner ecosystem.

Emerging players

• BriefCam: Video content analytics platform focused on rapid video review, object classification, and operational intelligence — overlaps with the DIVE engine's analytics layer for retail and public safety customers.
• Vaxtor: ALPR, OCR, and container code recognition vendor; Realwave is its Elite Technical Partner and resells Vaxtor's recognition engines inside its platform.

Broad incumbents

• Avigilon (Motorola Solutions): Motorola Solutions' video surveillance and analytics business — broader security portfolio with comparable AI analytics capabilities competing in the same enterprise verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/GoRealwave
• YouTubeyoutube.com/channel/UCYiERmy5BqaRjIw-bNAQQIA
• LinkedInlinkedin.com/company/realwave

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Realwave