Rhombus Raises $26 Million

Executive *******

*******'*$** ******* ****** * **** *********** ** *** $** ******* **** have ****** **********, ********* ***$** ******* **** *********** ******* ** ****, *** ****** *******, *** * ***** ** $** million ****** ** ****.

*******'* *** ********* **** **** ** invest **** **** ******* ******** *** sales / ********* **** **** **** recent ***** *** ****** ** ******** new ******** *** ******** *** ******** on ***** *******, *** **** *** "capital-efficient" *** ** *** **** ** funding ** ******* ***** ********.

***** ******* ******** ** ******* ** its *******, **** ********* *******'* ****** revenue *** **** ** ** $** to $** ******* ***** ** *** "over ***,***" ******* ******** *** ********** average ******** *** ********* ***** *******:

**** **** ***,*** ******* ******** *********, including *******, *******, *** ****** ******* devices, *** *****-******* ******** ******** ******** is ******* ** **** **,*** ********* globally.

**** ******* **** **** ***** ******* per ******** (***,***+ ******* / **,***+ locations *******), *** **** *** ******* customer ****** ** ********* (**,***+ ********* secured / *,***+ *********).

Verkada **********

******* ** ***, *** ****** **** Rhombus. ***** ******* **** *** ******** talk ***** *** ******* ******** *****, it **** ****** **,***+ *********, *** times **** ** *******. ** ******* the ******* ************ ** ** *** same ***** ** *********.

Investing ** *****, *********, *** ********

*******'* *** **** ** **** **** invest ** *** *******, ***** / marketing, *** ******** **** **** ********** funding:

*** ********** ******* **** ***** ** to ****** **** **** *** ******* partners ** **** ** *** ***** and ********* *******. ************, **’** ******** to ****** **** ********** *** ******** like ****** ******* ***** ** ******* to ****** ** ****. **’** ******** great ******** ** **** ******* ** far *** *** ******* ** **** building *** *** ******* **** ****** it. ** **** **** ******* *** products ** *** ******** *** ****.

************, *******'* ***** / ********* ******* are **** ******* *** **** ********** than *******'*. ** ** ********* ** watch *** ******* ****** / ********* those ******* ** *** **** ******. While ** ******* **** **** ****** more ******** **** *******, ***** ******* Rhombus *** ** **** ******** ** directly ****** / ****** **** ********** with ***** *********. ******:******* **** ****** ******* ** *** "Verkada" **** **** "*** ********** *******."

Rhombus ***: "*******-*********"

***** ******* *** ****** ******* ******, the *** ********** ******* **** *** rely ** ******* ** ******* *** business:

** *******, **'** **** ****** *******-*********. The ****** *** ** **********. **'* not ******* **-***.

**'* **** ********* ** ** ** stand ** *** *** *** ****. Obviously, ** *****'* ****** ** **** money, ** **'** ****** **** * lot ****** ** **** [*************] **** probably ******.

******* **** ***** ***** ** ** "standing ** [***] ***":

***** [***] ***** ************, **** **** be * *** ***** *** ** in **** ** ***** ***** ** don't **** ** ***** *** **** money. ****'* *** ** *** ** won't ***** *** **** *****. *** that ** *** ** ******** ** our ***. *** ** ****** ** it *****************, * ****** ***.

Growing *******

** *** ********* ***********' *** ~* ****** ***, ** ********* ******* *** **** growing ** *-** ***** ****** *** aims ** ****** ***:

**'** ***** ****** *-** *** ****. 3x ******** **** ** *** ******* days. *** **'** **** ****. **** a *** ** [*** *****] *********, we *** * ********. ********** ******* in ** ** **** **** *** into **, *** **** ** ******* to **-********** ******** ** ** [** this ****]. *** **** **** ****** numbers, ** **** **** ****** ** 2x, *** ****'* **** ** ***** we *** ** *** ** **.

*********** ****** ******* **** ********* ** startups ****** *** *****. *** *** added ** ******* ** ****** ***** annually *** ******* *** ***** ****** it ******* "**** ****":

** ***** ** ** ***, ***, maybe ** ********** *** ***** *****, maybe ***** *****, *** **** ** probably ******* **** ****. *** ******* become *** *****.

** ****, ******* ******* *** ********* in *** ***** ** ~*** *********, according ** ********:

**** ****** **** (**%) ** *******' headcount ** ** *****:

*********, *******'* *** **********,*******, *** ~**%** *** ************ ** *****, ***** other ***** ******** **** ** **** less, *.*., ***** *** *** ~**% of *** ****** ** *****, *** OpenPath (*** ****) *** ~**% ** sales.

Omnilert ******* *** *********

******* *** ***** **** *********** ******* *** *********, ** **** with ****** ******** *** ** ****** shooters.

******* ** ****** ** ************* ****** with **** ************ ********** **** ** built-in ** *** ***** ********.

Rhombus - ***% *******

****** *******, *******'* *** **** ** they **** **** ******* *** ********:

** ***'* **** ******.

** ** ***% *******. **** **** means ** **** **** ** ** source *** ******** ** *** ******* partner ******* *** ********, ** **** everything ******* *** *******.** **** **** 1,000 ********** ******* ******** *****. **** range ** *** *** ******* **** very ***** [********] ** ** **** large ******* ********.

Adds ***** / *******

************,******* ******** ********* ****** *****/ ******* ** *** ************ ********. This ** *** ***** **** ** its **** *** ******* ** ******* with *** *** ******* ******** ************ (i.e., *** ** *****). ***** ************ deals ** *** ************* ***** ** deliver *****, **** *** *** ********* for ******* ** ******** *** ***** to ******** ***********, ** **** *** company *** *** **** ** **** in ** ** ***********.

Rhombus ********* ******* **

********, *******'* *** **** ** **** are********* ******* **** *** ***** * ******** ***** to **** **** **** *** ********, with *** ******* ********** ******* **** still ******** ** *** ******** ** unpaid, ****** ******* (****** ******* ***** *** *** ** The ******* *** ***).

*******, ******* *********** ******, *** ** recommend ******* ** ******* ********* *** customers. ** * **** ******** **** to **** ** *****, ** ***** include **** *************** *** *************, *** partial. *** ****, ********** ********* ***** **.