Smith, Gambrell & Russell, LLP (SGR) is pleased to announce the firm served as legal counsel to Utility Associates, Inc. (Utility) in the venture funding round that secured capital from private investment vehicle Hicks Holdings, LLC (Hicks). The venture capital will support the expansion of Utility’s BodyWorn™ product and position the company for growth within the first responder industry. BodyWorn is the only smart solution that incorporates GPS, motion sensors, real-time communications, live video streaming and Artificial Intelligence (AI) to meet the ever-evolving needs of law enforcement.
The BodyWorn camera system is combined with Utility’s Ecosystem of solutions, which includes advanced in-car video and 4G-LTE communications to provide first responders with enhanced situational awareness and coordination ability. The Ecosystem delivers one fully-integrated solution, resulting in reliability far better than competing systems made up of several different vendors.
In addition to Hicks Holdings, Braemar Energy Ventures and Treeter Holdings participated as investors in Utility’s venture funding. Proceeds from the investment will be used to expand Utility’s marketing and sales team in the U.S. and internationally, while also providing working capital for a rapidly expanding order base.
The SGR Atlanta legal team included John C. Ethridge, Jr. and Nicholas Rueter in the Mergers & Acquisitions Practice.
About Utility, Inc.
Utility, Inc. provides law enforcement officers with an intuitive platform for effectively capturing, managing and releasing video evidence. Utility’s BodyWorn™ camera and Rocket IoT™ in-car video system incorporates real-time communications, policy-based automatic recording functionality, and real-time GPS positioning for the best situational awareness possible during critical times. Meanwhile, it’s AVaiL Web™ cloud-based digital evidence management solution securely stores captured evidence and offers Smart Redaction™ – the only automatic video redaction software on the market today. For more information, visit www.utility.com.
About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s more than 200 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, construction and employment law. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Munich, New York, Southampton, and Washington, D.C.