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Linse Capital led a $205m Series D round in Verkada.

Synopsis

Linse Capital, a US-based growth equity firm, led a $205m Series D round in Verkada, a provider of cloud-managed enterprise building security and management, with participation from MSD Partners, Felicis Ventures, Next47, Sequoia Capital, Meritech Capital and First Round Capital. "We founded Verkada in 2016 with the vision to modernize the world of physical security - one of the last industries to experience a migration from on-premise solutions to cloud-based software. We started with security cameras and an intuitive cloud-based platform, and in just six years, we've expanded to include five additional product lines that help enterprises to protect and manage their people and assets. This latest commitment of capital is further validation from investors that we are well positioned to capture the opportunity that lies ahead," Filip Kaliszan, Verkada Co-Founder and CEO.

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