![]() Meanwhile, both stories pale in comparison to an earlier incident first reported by IPVM, a security and surveillance industry research group, and later verified by Vice. While there are many wildly positive employee comments – “A rare startup that has hit the perfect growth and culture curve where it really no cons that comes to mind!” – others warn potential employees to stay away. ![]() Worse for Verkada, Bloomberg reported weeks later that, according to then-and-former employees, the lack of respect for privacy “was symbolic of a larger ‘bro culture’ that was obsessed with students and sales and tolerated the harassment of women and frequent partying and.” misleading marketing claims.” (Glassdoor reviews of the company, many of which were released this summer, paint a similar picture. Still, some damage was done, one might imagine. Tesla’s Chinese subsidiary later told Reuters that the breach affected just one of its supplier’s manufacturing facilities in Henan province, west of Shanghai.Īdditionally, a Swiss computer hacker named Tillie Kottmann was quickly indicted by the US government on multiple accounts of wire fraud, conspiracy, and identity theft related to the Verkada hack. At the time, that included 150,000 cameras, including in Tesla, police departments and hospitals.Ī related finding by Bloomberg, based on interviews with then and former employees, was that although Verkada offered customers a “privacy mode,” certain accounts allowed Verkada employees to turn off this feature and view the camera footage. Among the many clients listed on the site are Virgin Hyperloop, the Hartford Police Department and San Rafael City Schools in California.īut boy, did investors have to look the other way from many alleged horrible things to continue funding the company with the same management team? In fact, numerous reports over the last few years (which are surprisingly hard to find online) could easily have pushed investors in the opposite direction.įor example, in March 2021, Bloomberg reported that more than 100 Verkada employees were able to peer through the cameras of its thousands of customers, including schools and law enforcement agencies, as well as global companies like internet services company Cloudlare.Īccording to the report, security within the security company was so lax that Verkada was hijacked by hackers who gained access to an account that allowed them to view all of Verkada’s customers’ live feeds and archived videos. it has opened six new offices and it has quadrupled its customer base to more than 13,000. ![]() ![]() Surveillance is a lucrative industry, and according to Verkada, it has quadrupled its headcount and hired more than 1,000 new employees since its last funding round in 2020. On the one hand, it’s easy to see what drew investors like Linse Capital to Verkada’s latest round, which also included Michael Dell’s MSD Partners, Sequoia Capital, Next47, Meritech Capital, and Felicis Ventures. In total, Verkada has raised $360 million in funding, it said. Verkada, a six-year-old maker of enterprise building security tools and technology, is selling them a package of video surveillance cameras, door-based access control, environmental sensors, alarms, and guest and mailroom management, all connected on a cloud-based platform - has just $205 million in Series D funding at a valuation of $3.2 billion.
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