Verkada Raises $200M in Series E
Verkada has successfully raised $200M in a Series E at a $4.5B valuation led by General Catalyst, Eclipse.
Company Overview
Verkada is a Security Tech company headquartered in San Mateo, CA, founded in 2016 with 1500+ employees.
Cloud-based physical security platform with video cameras and access control
Fundraising Details
- Amount Raised: $200M
- Round Type: Series E
- Valuation: $4.5B
- Date: 2025-02-19
- Investors: General Catalyst, Eclipse
About Verkada
Cloud-based physical security platform with video cameras and access control The company is positioned in the Security Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Mateo, CA
- Founded: 2016
- Team Size: 1500+
- Industry: Security Tech
What This Means
This funding round demonstrates strong investor confidence in Verkada's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Security Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Verkada's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4.5B valuation marks an important milestone for Verkada, positioning the company among notable players in the Security Tech industry.
Looking Ahead
With this new capital, Verkada is well-positioned to execute on its growth strategy and continue building innovative solutions in the Security Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2025-02-19. For more information about Verkada, visit their headquarters at San Mateo, CA.
