The circular included what the organization called a” substantial investment” from as well as additional funding from both new and existing owners. Founded in 2016, Verkada says it has raised more than$ 700 million in funding.
The company next raised in October 2023, closing a huge$ 100 million square led by .
The natural world still needs to be secured, despite the common interest in security measures like network security and application security. Verkada has just added artificial intelligence to its security products, adding that the company also offers a wide range of products, including door-based exposure control, environmental detectors, and more.
More than 1.5 million Verkada products are currently online, preventing people and places from around the world, and we have an amazing opportunity back as we continue to quickly grow our business share and offer our more than 30 000 customers category-defining options, according to co-founder and CEO .
Security upsurge
Verkada is just the most recent safety startup to make a significant financial investment this month.
, a no-code process automation tool created specifically for security groups, raised a$ 125 million Series C last year, while , an application security company, and Israel-based , an network security company, raised$ 100 million rounds.
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