California-Based security tech co. Verkada opens office in Dallas.
Article excerpt
California-Based security tech co. Verkada opens office in Dallas. The expansion to Dallas and four other cities comes after Verkada finished the fiscal year with a 30% increase in revenue year over year and an investment from CapitalG, Alphabet's independent growth fund, which valued the company at $5.8 billion. More than 31,000 organizations rely on Verkada's AI-powered platform to secure their buildings and run smarter, faster operations, the company said. [Image: Verkada] Silicon Valley's Verkada, a leader in AI-powered physical security technology, just opened five new offices, including one in Dallas. The other offices are in Atlanta, Chicago, Los Angeles, and a new international hub in Dubai, the United Arab Emirates. The expansion comes after Verkada finished the fiscal year with a 30% increase in revenue year over year and an investment from CapitalG, Alphabet's independent growth fund, which valued the company at $5.8 billion. "Verkada's growth in the past year reflects the massive opportunity to bring AI into the physical world," Filip Kaliszan, co-founder and CEO of Verkada, said in a statement. "The longstanding investments we've made in AI have enabled us to meet this moment in the market, and most importantly to build safer communities around the globe together with our customers and partners." Verkada said its growth is demonstrated in more than 31,000...
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In the past year, Verkada has launched more than 174 new AI features and product updates that improve efficiency for security professionals.
