Rhombus, a Sacramento, CA-based cloud-managed physical security company, raised $26M+ in funding.
The round included an investment co-led by Tru Arrow and Cota Capital, and $17M in debt financing from Silicon Valley Bank, with existing investors Caden Capital and Uncorrelated Capital also participating.
The company intends to use the funds to expand operations and its business reach.
Led by Garrett Larsson, CEO, Rhombus is a unified, cloud-based physical security platform that combines security cameras, access control, sensors, alarms, and integrations. The platform’s simplified management features enable efficient multi-camera investigations and smart searches, saving time and enhancing security. Advanced analytics, empowered by machine learning, deliver real-time notifications for faces, vehicles, and more. The company also provides a customer-centric approach, providing custom solutions, support, and a long-term partnership commitment. It values innovation, integrity, and simplicity, aiming to make physical security stress-free while maintaining high ethical standards.
FinSMEs
27/02/2024