Genetec was founded in Montreal in 1997 and remains privately held and Canadian-owned. No PE event, no take-private and no parent-company churn - a notable contrast against Bosch (Triton PE 2025), Verkada (IPO track), LenelS2 (Honeywell carve-out), Avigilon (Motorola Solutions) and Milestone (Canon). Founder Pierre Racz is still CEO. Holds approximately 27.94% cloud-VMS market share per the IPVM 2025 surveys.
The product portfolio runs three cloud lines plus the on-prem flagship: Security Center (on-prem, the airport / transit enterprise gold standard), Security Center SaaS (launched 2024, with September 2025 natural-language AI search added), and Stratocast (the legacy multi-tenant SMB cloud). Unified-security platform spans Omnicast video, Synergis access, AutoVu LPR (number-plate recognition), Sipelia communications and Mission Control event management.
Sold through certification-gated partners only. Per-camera licence + mandatory annual Software Maintenance Agreement (15-22% / year typical) is the commercial model. IPVM's 2025 integrator-adoption survey scored Genetec at +9, the most resourced Western incumbent still gaining channel adoption. The manufacturer's site is the authoritative source for current product status.