It is 2018. The Ring doorbell sends me a notification when a package arrives. I open my August door lock remotely to let friends in. A couple of Nest Cams recognize who is at home at any given time. I ask Alexa to turn on the lights, water my garden, or play some relaxing music. Even the washing machine sends alerts when the laundry is done. All of this works on my phone / laptop, on-the-go, and anywhere in the world.
Meanwhile, the large-scale infrastructure designed to protect us is stuck in the past.
It is 2018. Enter the typical security operations center (SOC) at your local school, gym, or office building. You’ll find a PC monitor showing live security cameras, a network video recorder (NVR) capturing the footage, and perhaps a security guard watching the feeds. The NVR is likely running a 10-year old version of Windows. It is connected well enough to be hackable, but not well enough to let administrators or others reliably view video remotely. Video footage is typically only used after an incident, and finding the right clip is arduous and painfully similar to fast-forwarding tape on a VCR.
The problem is clear: the software designed to run enterprise physical security systems (video, access-control, alarm, and the like) has not changed much in the past decade. Much of today’s security infrastructure is architected around limitations that don’t exist anymore — centralized storage, spinning hard drives and lack of internet connectivity.
At Verkada we believe software is key to modernizing security infrastructure.
We started Verkada in 2016 to build a highly-scalable camera system designed for business customers. A year later, we launched two security cameras, each an all-in-one system designed to break free from the constraints of conventional solutions.
At the surface our product is simple: a camera that connects to the internet, records video, and makes it easy for customers to investigate and respond to incidents. At a glance you might think there are many products similar to ours — there aren’t. What sets us apart is the system architecture that drives our solution, which ultimately translates into a fundamentally improved customer experience.
To deliver this experience, we’ve built the full software stack behind our solution — ranging from the boot-loader and firmware on the camera, all the way to our cloud backend and client application software. This approach not only allowed us to ensure a much higher level of information security, but also enabled us to overcome challenges related to image quality, video retention, bandwidth limitations and live video streaming. Most importantly, owning the software end-to-end allows us to continually deploy new features, quickly iterate on new ideas, and apply security updates.
Today, we are excited to announce our $15m Series A financing.
The new investment — led by Next47, Siemens’ venture fund — will enable us to continue our mission to redefine and modernize physical security. We will be expanding our world class engineering team to bring new products to market, and make security systems autonomous and real-time. In parallel, we will also be expanding our manufacturing operations and continuing to rapidly grow our sales team.
Take a look at a live view from one of the cameras at our office to see what we’ve been busy building so far. If you’re excited about it check out our products, or join our team to shape the future of physical security infrastructure.