Verkada has only been selling its products for two years, but it has already boomed to a $540 million valuation and more than 1,200 customers. A lineup of cloud-connected security cameras equipped with AI-driven features like object and movement detection has driven growth at Verkada.
Read moreVerkada, which sells enterprise security systems that include cameras and an intelligent, cloud-based software platform, increased its employee headcount from 35 to 175 globally this past year, a jaw-dropping 400% expansion. Learn more about the San Mateo startup.
Read moreWhile many startups have tackled the “smart home” with varying degrees of success, Verkada has exploded in shy of two years on the market by offering big businesses, municipalities and schools a cloud-based system that combines hardware and software to detect movement and easily store and share surveillance streams.
Read moreVerkada, an emerging leader in the enterprise video security space, today announced the close of a $40 million Series B round co-led by Meritech and Sequoia, at a $540 million post-money valuation. Existing investors Next47 and First Round Capital also participated.
Read moreManaging security camera systems might not seem like an obvious area for one of Silicon Valley’s most competitive funding rounds in recent weeks. But that’s the case with Verkada, a startup that just raised a funding round at a $540 million valuation after just two years in the market.
Read moreSiemens’ venture fund, Next47, led the round. Also participating were existing investors including First Round Capital and Hans Robertson, a co-founder of networking startup Meraki Inc.
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