The NI-1407 is designed to work with EIA RS-170 and CCIR cameras. If your camera follows either of those specs, then the 1407 will work.
RS-330 is a standard recommended by EIA for signals generated by closed-circuit TV cameras scanned at 525/60 and interlaced 2:1. The standard seems similar to RS-170, but H-sync pulses are absent during V-sync.
With that said, I don't think an RS-330 camera will work with a 1407, but I've never tried it... The 1407 requires H-sync signals so we know where to separate lines. Without those signals, the 1407 will not be able to sync with the camera.
Kyle V.