Verkada, a provider of cloud-managed enterprise building security and management solutions, announced a $205 million Series D funding round with new and existing venture partners. The round was led by Linse Capital, with participation from MSD Partners, L.P., and existing investors, including Felicis Ventures, Next47, Sequoia Capital, Meritech Capital and First Round Capital.
Since its founding in 2016, Verkada has raised more than $360 million in funding and the latest round is said to value the company at $3.2 billion.