Reported 2 days ago
Verkada, a security systems manufacturer, announced on Wednesday that it has raised $200 million in a funding round led by General Catalyst, elevating its valuation to $4.5 billion. The company, known for its video security cameras and environmental sensors, is integrating artificial intelligence into its products. This latest funding will enhance Verkada's AI capabilities and expand its cloud-based security platform, reflecting a broader trend in U.S. venture capital funding recovery, bolstered significantly by AI startups.
Source: YAHOO