FAIRFIELD, Conn. – For the last 14 years, the crew at TVEyes has been working in obscurity in Fairfield. But when the opportunity arose, Founder/CEO David Ives made the move to new offices in a more visible space downtown.
A 20-year resident of Fairfield, Ives started the company in his basement in 1999. That's when he and an engineer from his previous company, Victory Systems, came up with the idea for TVEyes.
After the two men had been day-trading for some time, Ives said they thought it would be great to have a program keep an eye on the companies they owned stock in around the world.
The company was built from there. It catches key phrases said on audio platforms and sends the information in real time back to the client.
TVEyes now works with politicians, Fortune 500 companies and even the White House. But it was only after the company built in a subscription model three years that it started to make money, Ives said. That has allowed them to expand the company from a few channels in the United States to over 1,500 television channels in 16 countries and in six languages.
At a ribbon-cutting Monday morning, Ives along with his entire staff celebrated the grand opening of their own office building on the Post Road.
“We wanted to stay in Fairfield,” Ives said. Moving from 2100 Post Road, where they had been for 14 years, not only gives employees more space but it also gets them walking in the community.
“The roar of the computer fans was deafening,” Ives said of their old offices. “Here, everyone can spread out and hopefully be more productive.”
The move downtown has prompted several employees to start taking the train, rather than drive. It is only a 10-minute walk from the Fairfield Station.
For First Selectman Michael Tetreau, keeping TVEyes in Fairfield is a great opportunity for the town.
“This is an exciting business,” Tetreau said. “It’s about new technology that really speaks well to the future of Fairfield.”
Ives said they bought the building, originally built in 1938 as a print shop, last July. They gutted it completely and rebuilt the inside to include more glass for natural light and an open floor plan.
“We are a cool company, but we’ve always been hidden,” Ives said. “And it’s cool to be sort of rediscovered and that people know what we do.”