Post #229

Google bets $100M on AI security cameras. Verkada hit $5.8B valuation in CapitalG-led round — up $1.3B since February. The startup crossed $1B in annualized bookings. • $100M funding led by Google's CapitalG • $5.8B valuation, $1B+ bookings • 60+ AI features launched in September • 30,000 customers, 20M+ images processed hourly How it happened: • Filip Kaliszan couldn't find good home cameras (2016) • Partnered with Meraki co-founder for hardware expertise • Offered free re-installations to win early customers • Expanded through channel partners • Launched 60+ AI features to beat legacy players Takeaway: Legacy hardware markets are ripe for AI disruption when founders solve their own problems first. Source: The Tech Buzz