Verkada

Verkada

Provides integrated security solutions for enterprises

About Verkada

Simplify's Rating
Why Verkada is rated
A-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$643.9M

Headquarters

San Mateo, California

Founded

2016

Overview

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 generates revenue through hardware sales and subscription-based software services that include cloud storage and analytics.

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Simplify's Take

What believers are saying

  • Verkada's $200M Series E round values it at $4.5 billion.
  • Demand for cloud-based security solutions is projected to grow at 14.7% CAGR.
  • Integration with AI-driven analytics enhances predictive security measures.

What critics are saying

  • Increased competition from startups could threaten Verkada's market share.
  • Privacy concerns and regulatory scrutiny may impact operations in strict regions.
  • Global semiconductor shortage could delay product manufacturing and delivery.

What makes Verkada unique

  • Verkada integrates six product lines into a single cloud-based platform.
  • The company offers hybrid cloud video surveillance for secure, accessible monitoring.
  • Verkada's environmental sensors provide real-time data for workplace safety and comfort.

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Funding

Total Funding

$643.9M

Above

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%
PR Newswire
Mar 26th, 2025
Verkada Announces Partnership With Simonsvoss, Access Control Product Enhancements At Verkadaone London

SAN MATEO, Calif., March 26, 2025 /PRNewswire/ -- Verkada, a pioneer in cloud-based physical security solutions, announced a new integration with SimonsVoss SmartIntego wireless locks at its VerkadaOne London conference.An extension of its flagship conference in the United States, VerkadaOne London convened more than 400 IT and physical security leaders to connect and learn about new solutions from Verkada that are empowering physical security leaders to be more proactive and efficient than ever

Security Informed
Mar 20th, 2025
Verkada Appoints Michael Evanoff As Global CSO

Verkada, a pioneer in cloud-based physical security solutions, announced that the Honorable Michael Evanoff joins the company as its Global Chief Security Officer (CSO) and Strategic Advisor.

Octopus Computers
Mar 18th, 2025
Enhancing Security with Verkada: Our Trusted Partner in Smart Surveillance & Access Control

That's why, for the past three years, Octopus Computers has partnered with Verkada, a cutting-edge provider of cloud-based security solutions.

Security Brief
Mar 5th, 2025
Verkada names Micah Deriso as new head of global channel

Verkada has announced the appointment of Micah Deriso as Head of Global Channel to lead its global channel strategy and partnerships.

PR Newswire
Mar 4th, 2025
Verkada Doubles Down On The Channel With Strategic New Hire

Today, the company is trusted by more than 30,000 customers to protect people and places across 93 countries. Its more than 8,400 partners play a critical role in accelerating the delivery of its solutions to organizations across the globe. With leaders like Deriso, Verkada is strengthening its channel organization and expanding investments in co-marketing programs and partner resources and training to help the integrators, resellers, distributors, and installers it partners with capture new opportunities. "Micah is a seasoned leader with a strong track record in the technology industry, making him the ideal candidate to bring our channel organization to the next level," said Eric Salava, Chief Revenue Officer at Verkada. "Under his leadership, we'll deepen our relationships with our channel partners—providing them with the tools, expertise, and innovative solutions they need to grow their businesses and enhance safety and security for organizations worldwide.". Deriso was most recently the Chief Growth Officer at K2View, where he spearheaded global channel partnerships and led the go-to-market strategy for Generative AI solutions

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Verkada is Hiring for 199 Jobs on Simplify!

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Verkada is Hiring for 199 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Verkada's jobs every few hours, so check again soon! Browse all jobs →

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