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About Rhombus
Industries
Hardware
Cybersecurity
Company Size
201-500
Company Stage
Series C
Total Funding
$92.9M
Headquarters
Sacramento, California
Founded
2016
Overview
Rhombus provides physical security solutions through advanced security cameras and sensors that are managed via a cloud-based platform. Their system integrates hardware and software, allowing clients to monitor and respond to security threats in real time. A key feature is the proactive alert system that uses AI to detect unwanted behavior and environmental triggers, sending immediate alerts to improve response times. Rhombus stands out from competitors with its scalable platform that can manage unlimited devices and locations, and its focus on security through a zero-trust infrastructure. The company aims to enhance physical security for a variety of clients, including schools and large corporations, while ensuring ease of use and reliable emergency responses.
Simplify's Take
What believers are saying
- Rhombus raised $45M in Series C funding to expand its global footprint.
- The acquisition of Dashdive enhances Rhombus's cloud cost analytics capabilities.
- Growing demand for AI-driven video analytics boosts Rhombus's market potential.
What critics are saying
- Increased competition from established companies like Hikvision and Axis Communications.
- Potential regulatory scrutiny over privacy concerns with facial recognition technology.
- Dependence on cloud providers could lead to vulnerabilities or service disruptions.
What makes Rhombus unique
- Rhombus offers a unified cloud-based platform for managing security cameras and sensors.
- The company's proactive alert system uses edge-based AI for real-time threat detection.
- Rhombus's zero-trust infrastructure ensures continuous security verification and system reliability.
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Funding
Total Funding
$92.9M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Flexible PTO
Stock options
Work from Home
Medical, dental, & vision
Professional development
Office perks
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 0%2 year growth
↑ 3%SACRAMENTO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) - Rhombus, a leader in cloud-managed physical security, today announced the acquisition of Dashdive, a SaaS platform specializing in monitoring and analyzing multi-tenant cloud service costs.
/PRNewswire/ -- Rhombus, a leader in cloud-managed physical security, today announced $45 million in Series C funding led by NightDragon, a dedicated...
SACRAMENTO, Calif. - Rhombus, a provider of cloud-managed physical security, has announced $45 million in a Series C funding round led by NightDragon, a dedicated cybersecurity, safety, security and privacy investment firm, with participation from Bluestone Equity Partners, and existing investors Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures.
Cloud-based smart security company Rhombus Inc. has raised $45 million to expand its customer base and develop new products. The funding was led by NightDragon, a San Francisco-based venture capital firm focused on cybersecurity, security, and privacy. NightDragon's managing director, Morgan Kyauk, will join Rhombus' board of directors. The investment will support Rhombus in scaling its sales and enhancing its technology, including AI-controlled smart cameras and cloud-based security systems.
Rhombus Systems: The company raised an estimated $26 million of Series B venture funding through a combination of debt and equity in a deal led by Tru Arrow Partners and Cota Capital on February 27, 2024.
Rhombus is Hiring for 11 Jobs on Simplify!
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About Rhombus
Industries
Hardware
Cybersecurity
Company Size
201-500
Company Stage
Series C
Total Funding
$92.9M
Headquarters
Sacramento, California
Founded
2016
Rhombus is Hiring for 11 Jobs on Simplify!
Find jobs on Simplify and start your career today