Verkada just reminded the entire security world that progress does not tiptoe. It kicks the door, checks the hinges, and installs a smarter lock on the way out. The company just secured a fresh $100M led by CapitalG, pushing its valuation to $5.8B and signaling that AI-powered physical security is no longer a niche. It is the new baseline. That kind of jump only happens when the market sees something inevitable, and Verkada has been building inevitability since day one.
The origin story still reads like a plot twist the industry should have seen coming. Filip Kaliszan and Hans Robertson each had their moment of clarity. Robertson had a break-in at Meraki and learned the cameras had been asleep for months. Kaliszan tried installing a top-tier system at home and discovered the “enterprise” part meant expensive frustration. Add in Benjamin Bercovitz and James Ren, two engineers who treat systems like symphonies, and suddenly you have a founding crew with zero interest in maintaining the status quo. They wanted security that actually works, scales, and thinks.
That mindset birthed Verkada Command, a unified platform running cameras, access control, sensors, alarms, workplace tools, and intercoms without the usual soup of NVRs and on-prem relics. When you see natural language search, unified timelines, behavioral analytics, and facial recognition woven into real deployments, none of it feels like flash. It feels like a long-overdue upgrade. You do not process 2M devices online, 8M daily door locks, and 2M monthly guest check-ins by accident. You do it with architecture that treats intelligence as infrastructure.
CapitalG’s investment hits at the exact moment the company is scaling like a force of nature. Revenue is up 95% over 2.5 years, the customer base has grown 111% since 2022, and 30,000+ orgs across 171 countries trust the platform, including 92 Fortune 500 heavyweights. Expansion across APAC is accelerating with leaders like Steve Bray and Blake Day driving Australia, New Zealand, and ASEAN. When a region grows 60% in a single year, you are not “entering” a market. You are building gravity inside it.
Investors like General Catalyst, Eclipse Ventures, Alkeon Capital, Lightspeed Venture Partners, Linse Capital, Sequoia Capital, First Round Capital, Felicis Ventures, Meritech Capital Partners, Next47, and others see the same thing. The enterprise physical security market is a $60B field waiting for someone who refuses to accept fragmentation as tradition. Verkada is not stitching hardware together. It is offering operational clarity, real-time visibility, and simplicity at scale, which is exactly what every modern campus, retailer, hospital, bank, and infrastructure operator is starving for.
If there is a lesson here, it is this. When founders understand the pain firsthand, build a platform customers stick with, and scale across continents, it stops being a growth story. It becomes the new standard.
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