Verkada, a San Mateo, California-based enterprise physical security company, raised $3.9M in seed funding.
The round was led by First Round Capital with participation from several angel investors, including Stanford professor Hector Garcia-Molina.
The company intends to use the funds to support general availability for the D30 and D50 and to continue growing their team across engineering, sales and customer support roles.
Founded in 2016 by Filip Kaliszan (CEO), Benjamin Bercovitz (CTO) and James Ren (Principal Software Architect), and also led by Hans Robertson, Executive Chairman, Verkada builds enterprise video security systems that combine camera technology with intelligent, web-based software.
The company has two models of the Verkada Connected Video Security system now available:
– the D30 camera for indoor use, and
– the D50 for outdoor use.
The software actively monitors system health and can send automated alerts if a camera goes offline or is tampered with. Command, Verkada’s secure web application, enables authorized users to access and manage their system on a desktop, tablet, or mobile device. The company provides automated updates to web software and firmware, ensuring all cameras have the latest protections against threats to data security, with patches rolled out in as little as 24 hours.