Verkada announced that Alphabet’s independent growth fund, CapitalG, has led a new investment that values the company at $5.8 billion, marking a $1.3 billion increase since its Series E financing earlier in the year. The new funding arrives as Verkada surpasses $1 billion in annualized bookings, highlighting accelerating enterprise demand for AI-enabled physical security and building operations technology.
The company’s growth is fueled by more than 2 million deployed devices across 171 countries, connecting video security, access control, sensors, intercoms, and alarms into a unified cloud-based platform. Verkada stated that more than 30,000 organizations now rely on its system not only for safeguarding facilities but also for improving operational efficiency across large, distributed environments.
Over the past year, Verkada has delivered an expanding portfolio of AI-driven capabilities, including AI-Powered Deterrence, Operator View, and its AI-Powered Unified Timeline. The company launched more than 60 additional features during the same period, reinforcing its push toward an agentic future in which AI actively enhances safety, enables real-time response, and accelerates investigations.
By partnering with CapitalG, Verkada aims to strengthen its ability to lead the shift from fragmented, on-premise hardware stacks to intelligent, software-led physical security platforms. The company emphasized that CapitalG recognizes how rapidly the category is evolving and the scale of the opportunity ahead.
Verkada credited its customers, partners, and employees for helping the company reach this latest milestone. Leadership noted that continued innovation will remain focused on building a secure, privacy-conscious platform designed to protect people and property on a global scale.
