Verkada

Verkada

Provides integrated security solutions for enterprises

About

Verkada offers security solutions for businesses, focusing on hybrid cloud video surveillance, access control systems, and environmental sensors. Their video surveillance combines on-site cameras with cloud storage for secure and accessible footage, while the access control system provides insights into facility access. Verkada's products are designed to be easy to manage and scalable, catering to large enterprises, educational institutions, and government organizations. The company aims to deliver comprehensive security management through hardware sales and subscription-based software services.

Company Stage

Series D

Employees

1,001-5,000

Industries

Enterprise Software, Cybersecurity

Total Funding

$431.8M

Headquarters

San Mateo, California

Founded

2016


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Simplify's Take

What believers are saying

  • Verkada's expansion in EMEA is set to drive significant market growth.
  • Recognition as CDW's Partner of the Year boosts Verkada's brand credibility.
  • Integration with AI analytics enhances security insights and platform functionality.

What critics are saying

  • Increased competition may pressure Verkada's market share and pricing strategies.
  • Rapid EMEA expansion could strain operational resources and management.
  • Reliance on cloud solutions makes Verkada vulnerable to potential data breaches.

What makes Verkada unique

  • Verkada offers a unified platform integrating video, access, and environmental security solutions.
  • Their hybrid cloud model ensures secure, accessible video surveillance from anywhere.
  • Verkada's solutions are designed for scalability, catering to growing enterprise needs.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

14%

2 year growth

47%

Benefits

Generous company paid medical, dental & vision insurance coverage

Unlimited paid time off & 11 companywide paid holidays

Wellness allowance

Commuter benefits

Healthy lunches and dinners provided daily

Paid parental leave policy & fertility benefits

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