Verkada develops an integrated enterprise physical-security platform that combines intelligent, edge-enabled cameras and sensors with cloud-native management and analytics. Its product line emphasizes simple deployment (minimal cabling and no exposed ports), real-time access to footage via the cloud, and insights such as people-counting and motion analytics. Verkada sells to corporate, education, retail and healthcare customers seeking scalable, centrally managed security without heavy on-prem infrastructure. The company’s stack pairs modern hardware with software controls, role-based access, and a subscription model for feature upgrades and cloud retention.
What Is Verkada and What Does It Do?
Verkada, founded in 2016 by Filip Kaliszan (and co-founders), is a San Mateo–based (United States) security & surveillance technology company that builds cloud-first enterprise video systems and access-control hardware. The company employs 1,637 people and provides cameras, sensors, and centralized cloud software to monitor and secure facilities at scale. Verkada’s value proposition is simplifying enterprise security by combining intelligent edge devices with cloud orchestration, secure remote access, and analytics that help customers reduce operational friction and improve situational awareness.
How Much Funding Has Verkada Raised?
1. Series E
- Amount Raised: $200M
- Date: December 2024
- Lead Investors: General Catalyst, Eclipse (participants)
- Motivation: Scale sales, hardware supply chain, and product R&D.
2. Series D
- Amount Raised: $205M
- Date: September 2022
- Lead Investors: Linse Capital, Sequoia Capital, Next47, Felicis Ventures, Meritech (participants)
- Motivation: Global expansion and enterprise deployments.
3. Series C
- Amount Raised: $80M
- Date: January 2020
- Lead Investors: Felicis Ventures, Meritech, Sequoia Capital, Next47 (participants)
- Motivation: Product development and scaling operations.
Total Funding Raised: $700 Million
Current Valuation: $3.2B (as of Sep 2022)
Latest Funding Date: December 2024
Key Investors
1. Glynn Capital
- Details: Growth-stage investor in consumer & enterprise tech.
- Investment Focus Areas: Security tech, enterprise SaaS.
- Notable Investments: Selected enterprise and consumer platforms.
2. Sequoia Capital
- Details: Leading VC with deep enterprise investments.
- Investment Focus Areas: Infrastructure, cloud, security.
- Notable Investments: Google, LinkedIn, Stripe.
3. First Round Capital / Felicis / Meritech
- Details: Early and growth investors supporting hardware + software scale.
- Investment Focus Areas: Seed-to-growth enterprise hardware/software companies.
Where Is Verkada’s Headquarters?
Verkada is headquartered in San Mateo, United States, positioned within the Bay Area ecosystem for enterprise hardware and security innovation.
What’s Next for Verkada?
Verkada is likely to extend analytics capabilities, broaden sensor integrations (access control, environmental), and expand global sales channels while addressing enterprise governance and privacy requirements.
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