Verkada Raises $205M in Series DFunding; Valued At $3.2 Billion


Verkada, a San Mateo, CA-based provider of a cloud-managed enterprise building security and management platform, raised $205M in Series D funding.

The round, which values the company at $3.2 billion, was led by Linse Capital, with participation from MSD Partners, L.P., and existing investors, including Felicis Ventures, Next47, Sequoia Capital, Meritech Capital, and First Round Capital.

The company intends to use the funds to enhance its existing offerings, develop new product lines, hire across all functions, and continue its geographic expansion.

Led by CEO Filip Kaliszan, Verkada provides a physical security platform that protects people and assets in a privacy-respecting manner. Its six product lines – video security cameras, access control, environmental sensors, alarms, visitor management and mailroom management – provide visibility of building security through an integrated, secure cloud-based software platform.

Over 13,000 organizations worldwide use Verkada as their physical security layer for easier management, intelligent control, and scalable deployments.