Unpacking the Numbers Behind the Headlines (Equity by TechCrunch ft. Verkada)
In the latest episode of Equity, TechCrunch’s venture capital-focused podcast, news of Verkada’s Series C and $1.6B valuation was a key talking point for hosts Alex Wilhelm and Danny Crichton (starts at 16:07).
The conversation begins with Alex and Danny dubbing Verkada as a “Ring for enterprise” or “cybersecurity for IRL world.” While most folks who discover Verkada for the first time have similar descriptions of the enterprise security company, Alex and Danny capture the essence of the software-first company, describing Verkada as “a combination of security cameras and software that allows for much better building security.”
So how did this startup triple it's valuation from $540M since its April 2019 Series B? And why are investors eager to get ownership in this rapidly growing company? Tune into the full podcast here and find out.
If you’re interested in learning more about how Verkada’s disrupting enterprise security, request a demo today.