Verkada Secures $5.8 Billion Valuation with CapitalG's Investment

Verkada, an American leader in cloud-based physical security, led by Filip Kaliszan, Hans Robertson, James Ren, and Benjamin Bercovitz, has secured an investment from Alphabet's independent growth fund, CapitalG, valuing the company at $5.8 billion, a $1.3 billion increase from Series E earlier this year.

More than 2 million devices from Verkada are now deployed across 171 countries, unifying video security, access control, sensors, intercoms, and alarms on a single platform. Over 30,000 organizations depend on this ecosystem to safeguard facilities and to support more efficient, data-driven operations.

The past year has brought major AI advances, including AI-Powered Deterrence, Operator View, the AI-Powered Unified Timeline, and more than 60 additional capabilities that enhance proactive deterrence, real-time response, and rapid investigations. These developments reflect an industry shift toward an agentic future in which AI-driven security strengthens safety while streamlining day-to-day operations.

The partnership with CapitalG enhances the capacity to lead this industry transition. The firm recognizes the ongoing shift in physical security and the opportunity to replace legacy, fragmented systems with a more intelligent, software-driven platform.