Each year for the past 5, we have searched the country for the 25 venture-backed startups most likely to reach $1 billion in value
While many startups have tackled the “smart home,” with varying degrees of success, Verkada has exploded in less than two years on the market by offering big businesses, municipalities and schools a cloud-based system that combines hardware and software to detect movement and easily store and share surveillance streams.
In 2019, the company, founded by three Stanford graduates and the former cofounder of Meraki , signed on the city of Memphis—a nearly 1,000-camera contract—Juul Labs and Newton Public School District, the district of the 2012 Sandy Hook Elementary School shooting tragedy.Additional reporting by Susan Adams, Elisabeth Brier, Dawn Chmielewski, Lauren Debter, Michael del Castillo, Jillian D'Onfro, Christopher Helman, Jeff Kauflin, Alex Knapp, Alex Konrad, Christian Kreznar and Monica MeltonI head up Forbes' manufacturing coverage, and write about manufacturing, industrial innovation and consumer products. I previously spent two years on the Forbes' Entrepr...I’m a San Francisco-based staff writer for Forbes with a focus on Uber, the sharing economy, and startups. I previously worked for Business Insider, Gigaom, and Wired. I...
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