Security Startup Verkada Raises $3.9 Million

Verkada announced it has secured $3.9 million in seed financing, led by First Round Capital.

Verkada builds enterprise security cameras that combine cutting-edge camera technology with intelligent, web-based software — all in a secure, user-friendly system. Unlike existing video security systems, Verkada’s technology eliminates outdated equipment such as network video recorders (NVRs) and offers the protection of full encryption with no special configuration required. Its systems are also easy to install, update and expand.

According to the company, Verkada will use the funds to continue expanding its team across engineering, sales and customer support.