Verkada has secured a valuation of 5.8 billion dollars following a new investment round led by CapitalG. The step comes as the company passes the 1 billion dollar mark in annualised bookings, reinforcing its growing role in the enterprise physical security landscape.
Speaking about the investment, Verkada’s co-founder and CEO, Filip Kaliszan, said the shift towards AI-driven protection is now well underway, and the company aims to stay at the centre of that change. He noted that more than 2 million Verkada devices are active in 171 countries, generating intelligence that helps organisations streamline both security and wider operations. As part of this investment, the business is also exploring ways to offer liquidity opportunities for employees.
For CapitalG, the appeal lies in how the platform is reshaping expectations in a sector often tied to ageing and disconnected technologies. General partner Derek Zanutto described Verkada as a company that has become deeply embedded in the daily activity of its users, from global enterprises to schools and hospitals. In his words, the move from static systems to AI-enabled insight is helping customers repurpose security infrastructure as a source of operational value rather than a fixed cost.
Verkada’s momentum has also been driven by the scale and pace of its product updates. In September, the company rolled out more than 60 AI-led features and platform improvements, including tools such as Unified Timeline and Operator View, which are designed to support the full workflow of security teams.
The footprint is now significant. Customers have deployed more than 2 million devices worldwide, with the platform managing 8 million daily door lock events, checking in 2 million visitors each month, and supporting an average of three intercom calls per second.
Kaliszan said the new investment marks a further step rather than a finish line, adding that the business will continue developing its platform with the backing of its team, customer community and investors.