Verkada

Verkada is a software company offering a cloud-based internet of things (IoT) platform for security camera systems. The company is headquartered in San Mateo, California and was founded in 2016 by Benjamin Bercovitz, Filip Kaliszan, Hans Robertson, and James Ren. Verkada has offices in London and Sydney. The company's enterprise security solution combines security cameras, environmental sensors, alarms and access control with cloud-based software in one system.

The Silicon Valley startup provides enterprise customers with a combined software and hardware solution, including the cameras it commercializes and installs, alongside the software that streams live feeds through the cloud which can be monitored and shared. Some of Verkada's competitors include MOBOTIX, Nortek, Digital Ally, Tyco International and Honeywell.

In January 2020, the company's valuation jumped by about $1 billion when it disclosed an $80 million Series C funding round to give it a valuation of $1.6 billion. Apart from that funding round, the company has raised about $138.9 million to date. Some of its largest Venture Capital investors are Sequoia Capital, Felicis Ventures and Meritech Capital Partners.

An overview of Verkada

The company offers a Command Platform that connects all Verkada devices to Command, their web-based platform for managing devices at scale. Verkada also offers security cameras classified into four categories. The Dome Series, The Bullet Series, The Mini Series and The Fisheye Series.Industries for use include healthcare, banking, education, retail, manufacturing, municipalities, restaurants, and business.

Verkada provides hospitals and healthcare organizations with Video security, access control and environmental sensors, alongside security features like role-based access, archive permissions and face blurring to keep patient information protected.

With Verkada's mobile application, financial institutions can find, save and share footage via SMS or link from different devices in emergency situations and investigations with first responders.

Verkada offers streamlined campus security for school safety improvement. Some customers of the company include Arlington Public Schools, Yuma School District One and St. James Parish Schools. Verkada's school safety features include:

• Live Link Sharing (SMS)

• Person of Interest Alerts

• Instant Door Lockdown

• Vape & Smoke Detection

• Crowd Notifications

• Camera Tampering Alerts

To supposedly improve retail safety and reduce shrinkage, Verkada streamlines their video security, and sensors to provide the following Retail Security Features:

• Live Link Sharing (SMS)

• Person of Interest Alerts

• After Hour Alerts

• People Heatmaps

• Custom Door Schedules

• Temperature Monitoring

Verkada offers features like heatmaps and people counting, that assess traffic within the factory floor and identify ways to enhance safety and employee efficiency. Users can receive alerts for activity that may indicate unusual behavior to facilitate swift sharing of live footage and archived events with first responders.

To enhance public safety, Verkada offers Integrated Security with After Hour Alerts, Face Blurring, Unlimited Video Archiving, and Privacy Screens across towns and cities and some of them include the City of Aspen, City of Parkersburg and Oklahoma.

Verkada offers Integrated Security for Restaurant and Food Safety. The platform streamlines visibility and centralizes security across restaurant locations to improve employee, customer and food safety. Teams can search based on motion, clothing color and faces during incident investigations. Some customers include California Pizza Kitchen, Red Lobster, Miller's Ale House and Lazy Dog.

To strengthen workplace safety, Verkada provides surveillance technology and a complete camera system for the protection of employees and assets. The cloud-based surveillance solution is combined with built-in storage for surveillance management. Some customers include Siemens, Follett, and Equinox.