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Ironplanet CEO joins 3VR board

IronPlanet's Owens

Gregory Owens, chairman and chief executive of online heavy equipment auctioneer IronPlanet, has joined video intelligence provider 3VR, Inc.'s corporate board of directors.

Owens has led IronPlanet through significant domestic and international expansion, said an Aug. 21 statement by the companies and offers unique expertise as both a venture capitalist and corporate executive.  Previous to IronPlanet, Owens was managing director of RedZone Capital and was chairman and chief executive of Manugisitics Group, Inc., a global enterprise software company.

"3VR brings a truly unique product to an industry that is in need of innovation," Owens said.  "Combining a seasoned leadership team with a defined product roadmap, 3VR is set to change the way businesses look at their video assets."

3VR  said it is the video surveillance standard for hundreds of global customers, including leading banks, retailers, governments and law enforcement agencies and owns CrimeDex, an online community of more than 3,000 fraud, loss prevention and law enforcement professionals dedicated to stopping crime.

"Greg's significant leadership experience with global software companies will provide our team with a tremendous opportunity to leverage his guidance," said Al Shipp, CEO of 3VR.  "As 3VR's video intelligence offerings continue to evolve, we look forward to Greg being an active member of our board of directors."

San Francisco-based 3VR said it provides technology that allows organizations to record, search, and manage video to better serve customers, bolster security, and to identify and mitigate fraud. 3VR's Video Intelligence Platform (VIP) allows video systems to reach their true potential and deliver a measurable return on investment.  3VR owns CrimeDex, an online community of more than 3,000 fraud, loss prevention and law enforcement professionals dedicated to stopping crime. The company is privately held with funding from DAG Ventures, Focus Ventures, In-Q-Tel, Kleiner Perkins Caufield & Byers, Menlo Ventures and VantagePoint Ventures. 

IronPlanet said it is an online marketplace for heavy equipment where sellers achieve more profitable sales through low transaction costs and better price realizations through a global audience of buyers. The company said its guaranteed inspection reports and IronClad Assurance enables buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo.


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