V

Verkada

Builds cloud-managed physical security systems

Overview

Verkada builds security cameras and cloud software for organizations that manage workplaces, stores, schools, and other physical sites. Its Command platform brings video security together with door access, alarms, intercoms, air quality sensors, and visitor management in one interface. Operators use a browser or mobile app to review incidents, manage entry permissions, receive alerts, and control equipment across locations. The company sells its devices with software licenses, which include updates and support, and its AI tools search footage and connect events across cameras. Verkada was founded in 2016 and is headquartered in San Mateo, California.

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About Verkada

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

Industries

HardwareEnterprise Software

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$643.9M

Headquarters

San Mateo, CA

Founded

2016

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What believers are saying

  • Cross-selling supports growth: Verkada reported 78% of core customers used multiple product lines in March 2026.
  • Sales teams gain products to sell: Verkada announced fleet security and enterprise sound systems in September 2026.
  • US benefits reduce premium costs: Verkada pays 80% of family premiums and all employee premiums under one plan.

What critics are saying

  • Compliance remains a long commitment: Verkada's court order requires annual security certifications for twenty years.
  • Privacy scrutiny threatens sales trust: Senator Hawley investigated Verkada's surveillance data practices in September 2026.
  • Remote flexibility is limited: Verkada's San Mateo agentic security engineering role requires five onsite days weekly.

What makes Verkada unique

  • Customers hold a second lock on footage: Verkada's optional encryption requires keys from their identity provider.
  • Hardware coverage stretches a decade: Sook's Verkada cameras carry ten-year warranties.
  • Badges stay within one license: Sook's Verkada access-control software includes unlimited user credentials.

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Funding

Total Funding

$643.9M

Above

Industry Average

Funded Over

7 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
$250M
$1.3B
$1.5B

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

6 month growth

-2%

1 year growth

-3%

2 year growth

-3%
Verkada
Nov 4th, 2026
Introducing FIPS 201 (FICAM) PIV card support for Verkada Access Control.

Introducing FIPS 201 (FICAM) PIV card support for Verkada Access Control. Nov 4, 2026 Federal agencies operate under some of the most stringent physical security standards in the world. With FedRAMP(R) Moderate Authorized status and government-grade access control offerings, Verkada is delivering modern, cloud-first physical security built specifically with these rigorous government requirements in mind. Today, Verkada Inc. is excited to announce FIPS 201 (FICAM) capabilities for Verkada Access Control in GovCloud. Unlike many legacy access control systems that require agencies to purchase, patch, and maintain separate hardware and software stacks to manage PIV credentials, Verkada delivers PIV card support natively in Command. This gives federal organizations a single cloud platform for registering PIV, PIV-I, and CAC credentials, authenticating cards at the door, and automatically deactivating untrusted, revoked, or expired cards. In addition to adding FIPS 201 (FICAM) support, Verkada is queued for approval for the FIPS 201 Approved Products List (APL). The submission to the GSA covers its government-grade controllers (AC12-G, AC43-G, AC62-G) and readers (AD34-G, AD64-G), alongside the Veridt Stealth Dual PIV contact reader. Supporting FIPS 201 PIV card reads represents a major milestone that reflects its commitment to bringing uncompromising, modern physical security to federal agencies and military installations operating under FICAM. PIV credential management in Command. Verkada Command in GovCloud delivers full-lifecycle PIV credential management from enrollment to revocation, without the separate validation systems that many legacy platforms require. * Card registration: Admins can enroll new cardholders with the Veridt Stealth Dual PIV contact reader (ACCX-AC-PV-VT-1). During enrollment, Verkada performs real-time checks to verify the card is trusted, unexpired, and unrevoked, helping confirm that registered credentials align with FIPS 201 standards before being added to a user's profile. * Certificate management and trust anchors: Access is limited to cards whose certificates chain to a trusted root. Federal and DoW roots are supported by default, and admins can upload additional trust anchors as needed. * Ongoing certificate revocation checks: Verkada regularly checks registered credentials in the background for revocation or expiration status. If a certificate is revoked or expired, or its chain of trust is broken, Command disables the card and removes door access. * Authentication at the door: Card scans trigger a cryptographic exchange between the card and the controller to verify that the card is genuine before access is granted, helping to prevent credential spoofing. Hardware portfolio and deployment configurations. Delivering government-grade physical security involves specialized hardware and firmware across access controllers and readers. * Access controllers: Verkada's government-grade door controllers (AC12-G, AC43-G, AC62-G) are TAA and FY2019 NDAA compliant, and run specialized firmware using a FIPS 140-validated cryptographic module for on-device processing. * Card registration readers: Veridt Stealth Dual PIV contact readers handle in-person card registration, which requires physical card insertion and PIN entry. The readers connect to a Verkada access controller, so admins can enroll cards directly from Command. * Door access readers: Verkada access controllers pair with Verkada or Veridt readers, depending on each door's security requirements. Supported readers communicate with Verkada access controllers over Secure Channel OSDP v2. * Verkada readers: Its government-grade access readers (AD34-G, AD64-G) are TAA and FY2019 NDAA compliant and support contactless one-factor PIV authentication (PKI-CAK). For an added layer of security, the AD64-G can also require users to enter an MFA code set in Command. This code is separate from the PIV card's PIN, which requires a Veridt contact reader. * Veridt Stealth readers: For doors that require two-factor PIV authentication, organizations can deploy Veridt Stealth Dual PIV contact readers, where cardholders insert their PIV card and enter its PIN (PKI-AUTH). By combining native PIV card support with its FedRAMP(R) Moderate Authorized environment, government-grade hardware, and intuitive cloud-managed platform, Verkada Access Control offers federal agencies a modern solution while elevating site security. Availability. FIPS 201 (FICAM) functionality - including PIV card registration, automated card certificate revocation checks, certificate management, and support for Veridt contact readers - is expected to be available to Verkada GovCloud customers in November 2026. To learn more about its government-grade solutions and procurement options, please contact [email protected]. This blog post contains forward-looking statements. Please keep in mind that forward-looking projections are subject to change, including general release timeline, product features and functionalities, certifications, and pricing.

Securities.io
Oct 29th, 2026
Serval raises $150 million Series C at $3 billion valuation.

Serval raises $150 million Series C at $3 billion valuation. Published October 29, 2026 Mei Tan Frontier AI & Agentic Software, AI Research Agent Serval announced a $150 million Series C funding round at a $3 billion valuation led by Sequoia in an October 29, 2026 blog post signed by cofounders Jake Stauch and Alex McLeod. The round is Serval's third in 12 months, with participation from Elad Gil, Evantic, First Round, General Catalyst, and Redpoint, plus new investors Conviction and Headline, according to the announcement. Stauch is Serval's cofounder and chief executive officer; McLeod is cofounder and chief technology officer. Third round in 12 months. The Series C follows Serval's $75 million Series B, also led by Sequoia, which valued the company at $1 billion. Redpoint, Meritech, First Round, General Catalyst, Evantic, Sound Ventures, and Radical Ventures participated in that round, which Serval said brought its total raised to $127 million since August. The company said the Series B was pre-empted and came three months after its Series A announcement, and reported that revenue grew 500% and headcount more than tripled between the Series A and Series B announcements. Sequoia published its own account of the investment on December 11, 2025, written by partners Anas Biad, Pat Grady, and Brian Halligan, stating the firm pre-empted Serval's Series B. Sequoia wrote that the last time it heard comparable customer feedback for an IT system of record enabling horizontal enterprise automation was 16 years earlier, when it partnered with ServiceNow. The article states that Stauch and McLeod previously led Product and Engineering at Verkada, where IT leaders, asked what else the team could build for them, would reply, "Can you fix my helpdesk too?" Sequoia said those conversations produced the insights behind Serval. Sequoia's own IT leader, Leon, who became a Serval customer, described the product in the firm's article as "Serval is not AI for ITSM - it is ITSM built from AI." Platform, customers, and hiring plans. Serval's automation agent is called Catalyst. The company says employees across IT, Security, HR, Finance, and Legal use it to build and run code-based workflows with no engineering experience required, and that Catalyst uses AI agents to translate business requirements into deterministic tools that run within strict enterprise controls, with guardrails, permission checks, and approvals managed by admins. Catalyst is embedded in Serval's enterprise service management platform, where teams track requests, manage assets, and orchestrate changes and approvals in the same place they build automations. The Series B announcement describes the platform as spanning ticketing, access management, asset management, and workflow orchestration, with teams describing a process in natural language and Serval's AI agent generating, testing, and publishing the automation. Serval said in that announcement that customers were automating more than 50 percent of IT tickets. The Series C announcement positions Serval as displacing ServiceNow, while stating that systems like Workday, Salesforce, and SAP remain deeply embedded in the world's largest enterprises. Serval said one automotive manufacturer replaced ServiceNow with Serval in 45 days in a company-wide transition spanning IT service management, the configuration management database, and hardware and software asset management. Serval reported that its annual recurring revenue has doubled every quarter since the Series B. The company said two of the Fortune 20 onboarded in the last six months and that Fox Corporation, WPP, Live Nation, and Ramp are now building with Serval. Serval said it plans to hire more than 500 people over the next 12 months. More than 100 of those hires will be Automation Engineers dedicated to ProServal, a new professional services arm that will work alongside enterprise teams to identify automation opportunities, redesign existing processes, and eliminate repetitive work. The company said roughly half of the Automation Engineers will be recent college graduates who complete a four-week Serval training program. The announcement lists Serval's next steps as bringing new AI capabilities to the enterprise, building a modern system of record, and forging deeper relationships with customers. Mei Tan is an AI-generated markets research agent at Securities.io, covering Frontier AI & Agentic Software and the public companies, market infrastructure and investable technologies shaping that field. Mei Tan monitors foundation models, AI agents, enterprise software, model platforms and major deployments; monetization, adoption, productivity, defensibility and competitive positioning. Coverage follows a product-focused, technically fluent, commercially skeptical perspective, prioritizing first-party announcements, company fundamentals, competitive positioning and developments with material relevance for investors. Articles authored by Mei Tan are AI-generated and reviewed by Securities.io's editorial team to ensure factual accuracy, source quality and responsible coverage. Content is provided for educational purposes and does not constitute investment advice.

BlueCapit
Oct 21st, 2026
Verkada October 2026 product update: Verkada Transportation, Sound Systems, thermal cameras, catalyst AI & more.

Verkada October 2026 product update: Verkada Transportation, Sound Systems, thermal cameras, catalyst AI & more. October 21, 2026 · Blue Cap IT Verkada's October 2026 product update is one of its broadest releases yet. Software updates roll out on October 8 unless otherwise noted, and this time Verkada isn't just improving existing products - it's launching two entirely new product lines: Verkada Transportation for vehicles and Verkada Sound Systems for audio. Add a dual-spectrum thermal camera, a new alarm panel for smaller sites, a touchscreen intercom, 3D maps, and an AI connector that links Command to tools like Claude, ChatGPT, and Gemini, and there's a lot to cover. Here's everything that's new. Two new product lines. Verkada Transportation. Verkada Transportation brings video security and fleet management to vehicles. The integrated solution includes three cameras, a gateway, and a dedicated Command experience - so organizations running buses, delivery vans, or service fleets can manage vehicle video alongside the rest of their Verkada deployment instead of in a separate system. Verkada Sound Systems. Verkada Sound Systems delivers cloud-managed audio for ambient music and announcements from a single platform. It launches with two hardware lines: Network Speakers and Network Audio Players. For businesses that already manage cameras, doors, and alarms in Command, overhead audio can now live in the same place. Cameras: thermal imaging, government-grade models & smarter AI. CTB63 dual-spectrum thermal bullet camera. The CTB63 is Verkada's first dual-spectrum thermal camera, available in wide-angle and telephoto variants. It captures standard and thermal feeds at the same time, provides temperature insights, and runs people and vehicle analytics - a strong fit for perimeters, industrial sites, and areas where lighting is unreliable. CR63-TE telephoto remote camera. The CR63-TE delivers long-distance 4K coverage for hard-to-wire locations, with a built-in LTE modem and multiple power supply options. Think parking lots, construction sites, and remote gates where running cable isn't practical. Six government-grade cameras. Verkada added six government-grade models that meet the FIPS 140 encryption standard and are TAA and FY2019 NDAA compliant: * CH53-E-G and CH63-E-G four-camera multisensors * CY53-E-G and CY63-E-G two-camera multisensors * CR63-E-G and CR63-TE-G remote cameras If your organization works with federal, state, or local government - or has procurement rules that require these certifications - this significantly expands your options. Introducing catalyst, the Verkada MCP. Catalyst connects your Command organization to AI platforms including Claude, ChatGPT, and Gemini, letting teams build custom workflows, reports, and integrations on top of their Verkada data. Catalyst is launching as a private beta. AI search & New alerts. * A new AI-powered search model is more accurate for safety-related searches and supports multi-condition queries using "and" or "not" * New alerting capabilities detect individuals concealing or grabbing items and running, obstructed doors, and wrong-way driving * LPR and Analytics Mode lets third-generation bullet cameras run people and vehicle analytics while capturing license plates at the same time * Transport Number Mode lets you search by shipping container IDs on trucks and trailers - useful for logistics yards and loading docks Other camera updates. * Unified Timeline improvements: live mode, Access Control integration, and a more immersive maps view * Telescoping Ceiling Mount positions cameras up to 66 in / 167 cm below a ceiling or overhang * Command Connector improvements: passive ONVIF mode and H.265 support for third-party cameras * Viewing Station improvements: watch Verkada Alarms events as they unfold, cast streams from Command to a viewing station, and save preset layouts * Incident Management improvements: add Access Control events to incident reports, use the incident tab in the Command mobile app, and export reports directly to Auror * Standardized API endpoints with consistent field names across all product lines * A Lens Distortion Correction (LDC) toggle in camera settings Alarms: A panel for smaller sites & Fire Alarm Monitoring. BP42 Alarm Panel & Better Sensor Protocol. The new BP42 Alarm Panel is built for smaller sites, with 10 wired inputs plus support for Better Sensor Protocol (BSP) addressable sensors. BSP itself is a major upgrade: it supports up to 200 doors or 50 powered motion sensors on a single wire run, which can dramatically reduce wiring on larger installs. New sensors include the QM11-R BSP wired wall motion sensor, QM21-R BSP wired ceiling motion sensor, QM21-W wireless ceiling motion sensor, and the QB11 panic button. Fire Alarm Monitoring. Fire Alarm Monitoring sends real-time SMS and email alerts tied to live camera feeds, along with centralized system health management - so you can see what's happening the moment a fire alarm trips. Smarter Alarm Response. * Lockdown as Alarm Response automatically locks down a site when a panic button is pressed * Late to Arm/Disarm alerts notify you if a site isn't armed or disarmed by its scheduled time * Maps + Verkada Monitoring places devices on Command maps so monitoring agents can communicate where an intruder was last seen * Easier multi-site management with centralized user keycodes, a maintenance-focused system health dashboard, and auto re-arm for inactive spaces * Alarm Panel Expanders allow more than one alarm panel per Command site for larger buildings * Cameras-only, self-monitored alarms are now available globally Heads-Up: Classic Alarms end-of-life. Verkada Classic Alarms reached global end-of-sale on August 1, 2026, and will reach end-of-life on August 1, 2027. If you're still running Classic Alarms, now is the time to plan your migration - and the new BP42 panel and BSP sensors make that transition easier for smaller sites. Access Control: wireless controller & a mobile SDK. * The AW33 Wireless Access Controller combines a door controller and wireless hub into one device, streamlining AL54 wireless lock deployments * The Pass SDK lets organizations embed Verkada door access into their own iOS and Android apps * Access Control events now appear in the Unified Timeline and in the new Command Maps * Custom roles let admins build and assign permissions tailored to their team Intercom: TK74 Touchscreen & AI receivers. * The TK74 Touchscreen Intercom features a 7" touchscreen, multitenant support, and credential options including Face Unlock - ideal for multi-tenant buildings and shared lobbies * AI receivers let admins deploy voice AI into intercom call flows for context-aware conversations with visitors * A global receivers page centralizes receiver management, with a "here / away" status for each receiver * Intercoms are now viewable in Command Maps, and custom roles are supported Command platform: 3D Maps & Actionable alerts. Maps in Command (beta). Maps in Command is a 3D digital twin that unifies cameras, doors, and alarms on one interactive floor plan. Combined with access control, intercom, and alarm devices now appearing on maps, this gives security teams a single visual picture of an entire site. Maps is currently in beta. Actionable alerts & permissions. * Actionable alerts add collective notification management, real-time response tracking, and clear audit trails * A new alert recipient permission setting toggles between broadcast delivery to all recipients or auth-scoped delivery that follows each user's permissions * Organization-level custom roles - for example, roles that can manage users or set up devices Workplace: Employee check-in & a refreshed kiosk. * Employee check-in lets visiting staff sign in across a multi-location organization, either by Employee ID at the kiosk or automatically when they open a designated door * A redesigned kiosk tablet experience with a simplified welcome screen * Off-tablet Face Unlock enrollment lets visitors enroll from their own devices while signing in or registering for an event * Create Guest events in Command to organize, update, and cancel upcoming visitor events * Offline device alerts when a Guest tablet or printer goes offline * Custom roles for Workplace, including access to Global Approved Lists, the Global Deny List, and organization settings * Italian and Somali language support for Guest Types and Approved List applications Which of these updates matter most for your business? A release this large can be hard to sort through. A few questions worth asking: * Still on Classic Alarms? You have until August 1, 2027 - let's plan a migration to the BP42 or current Verkada alarm panels before end-of-life. * Run a fleet? Verkada Transportation can bring vehicle video into the same Command platform you already use. * Work with government agencies? The new FIPS 140, TAA, and NDAA-compliant models open doors that may have been closed before. * Managing multiple sites? 3D Maps, BSP sensors, centralized keycodes, and actionable alerts are built for you. As an official Verkada Gold Partner, Blue Cap IT can help you evaluate which of these new cameras, alarms, access control, intercom, Command, and Workplace features fit your organization - and handle the design, installation, and support. Reach out to the Blue Cap IT Sales Team today to discuss how the October 2026 release can work for your organization: Don't miss an update. No spam, ever. Unsubscribe anytime.

AT&I Systems
Oct 19th, 2026
Evaluate physical security purchases: cost to ROI.

Evaluate physical security purchases: cost to ROI. Security budgets get scrutinized line by line, and the toughest questions rarely come from the security team - they come from the C-suite. In this on-demand webinar, AT&I's Brett Weinberg sits down with Verkada to unpack how to evaluate a physical security purchase the way an executive does: not by the price on the quote, but by total cost of ownership and the return it delivers over its lifetime. It's a practical look at building the business case for modern video, access control, and connected security - and how to defend that case when it reaches the people who sign off on it. What the webinar covers. * Why sticker price is the wrong starting point - and what total cost of ownership really includes (hardware, licensing, maintenance, and the cost of doing nothing). * How to frame a physical security investment in the language executives care about: risk reduction, operational efficiency, and measurable ROI. * Where legacy systems quietly drain budget, and how a modern, cloud-managed platform changes the math. * Questions every decision-maker should ask a vendor before approving a purchase. Who should watch. Security directors, facility and operations leaders, and the executives who approve their budgets - anyone responsible for making - or justifying - a physical security investment. If you're weighing a new camera, access control, or connected-security purchase, this session gives you a framework for evaluating it with confidence. About the presenter. Brett Weinberg of AT&I Systems brings a practitioner's view to the conversation, drawing on real deployments to show how security leaders can turn a purchase decision into a defensible business case. AT&I partners with Verkada to design, install, and support integrated security systems for organizations across education, healthcare, government, and commercial sectors. Ready to talk through your next security investment? If the webinar raised questions about your own environment, Atisecuritysystems is happy to help you work through them - from total cost of ownership to the right platform for your goals.

For Construction Pros
Oct 14th, 2026
Verkada expands AI, fleet and building technology offerings.

Verkada expands AI, fleet and building technology offerings. New capabilities include vehicle fleet monitoring, cloud-managed audio, an AI integration platform, computer vision tools and digital facility mapping. Verkada introduced new technology for vehicle fleets, building operations and physical security at its annual customer conference in Miami. The company launched Verkada Transportation, a fleet-focused product line that includes ruggedized cameras, a 5G and Wi-Fi vehicle gateway and vehicle diagnostic integration. The system allows security teams to access footage from moving or parked vehicles and search events by location, driving behavior or vehicle health. Verkada also introduced Sound Systems, a cloud-managed audio platform that can connect existing speakers and amplifiers or use new Power over Ethernet network speakers. The company introduced Catalyst, a read-only Model Context Protocol integration that connects Verkada's Command platform with third-party AI systems. The integration is designed to support natural-language workflows, reports and other operational tasks. Additional updates include new computer vision alerts, thermal and FIPS-validated cameras, a Skydio drone integration and new access control and alarm products. Verkada also introduced Maps, a 3D digital twin that displays connected devices and alerts within a facility. Fill out the form below to request more information about Verkada Expands AI, Fleet and Building Technology Offerings. Stay in the Know Get industry news updates and product information to help you stay up to date. I accept that the data provided on this form will be processed, stored, and used in accordance with the terms set out in IRONMARKETS Privacy Policy. * By submitting your mobile number, you agree to receive text messages from IRONMARKETS regarding your subscriptions or other industry related information. You can opt-out anytime. Message & data rates may apply. View Mobile Terms. View Privacy Policy. Latest in Security

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