Verkada - monitoring people and deliveries

 

Verkada

Headquarters: San Mateo, CA

Founders: Filip Kaliszan (CEO), Hans Robertson, James Ren, Benjamin Bercovitz

Funding: $59 million

Valuation: $540 million 

Verkada has only been selling its products for two years, but it has already boomed to a $540 million valuation and more than 1,200 customers. A lineup of cloud-connected security cameras equipped with AI-driven features like object and movement detection has driven growth at Verkada, whose cofounders are three Stanford computer science graduates and the cofounder of enterprise cloud company Meraki, which sold to Cisco for more than $1 billion. Among the company’s wide-ranging list of clients are fitness club Equinox, the $1.1 billion Vancouver Mall and more than 500 school districts, which use the cameras for anything from monitoring student safety to tracking food deliveries. It earned a spot on Forbes’ list of Next Billion-Dollar Startups earlier this year.

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