Hikvision vs Verkada

2020. Enterprise video security service Verkada raises $80M



Verkada, that applies machine vision and cloud tech to commercial video security, just raised an $80 million Series C at a stunning $1.6 billion post-money valuation. The cash brings Verkada to $139 million in funding to sell dome cameras, fisheye lenses, footage viewing stations and the software to monitor it all from anywhere. Verkada also wants to bring two-factor authentication to doors with its new access control system that it’s announcing is now in beta testing ahead of a Spring launch. Instead of just allowing a stealable key fob or badge to open your office entryway, it could ask you to look into a Verkada camera too so it can match your face to your permissions. 2,500 clients, including 25 Fortune 500 companies, are already using Verkada. Interesting, that Verkada co-founder Hans Robertson earlier co-founded IT startup Meraki and sold it to Cisco for $1.2 billion.