Verkada Claims $130 Million Revenue And 60,000 Devices Every Quarter

By John Honovich, Published Sep 24, 2021, 09:34am EDT (Research)

******* ********* ****** ***** * '**********' but ***** ******* *** ****** *******. However, ** * ****** *******, * Verkada ** ******* ** $*** ******* revenue **** **** *** **** *** company *** ******** "**,*** ******* ***** quarter."

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*** *** ** ****? *** **** it ******* ** *********** *** **** does **** *** ***** *******'* ****** rate? *** *** *** ******* ** trusted? ****** **** ****, ** *******:

  • ******* *** ******** ****** ****
  • ******** **. *******
  • *** ****** ***** *** ******** ** what *** ******** ****** *****'* ******* breach/hack
  • ************* ******* **** ******* ****** *** what ** ***** ***** *** *******
  • ******* **** ********* ******* ** ******
  • ****** ** ***** ************
  • *******'* ******** ****** ****

****: ******* *******'* *************** ********* *******'* ***** ***** ********* ** our ******** ******** *** *******.

Claims **********

** ** ****** **** *******, * Verkada ********* ********:

**** **** ** *** **** $*** million ** *******. **'** *** **** 200,000 ******* **** ** *** *****. And **** **'** ******* ******* **,*** devices ***** ***** *******

****** ** *** ********* ***** ***** also ******** ********** ** *** ***** expanding ******* ********* (**** ***** ** access ** *********,**** ** ** *** ****) ****** ******* ******:

******* ****** ******* **** * *** months ***** ******* ********, ******* ** revenue ** $****+", ** *** ******* below *****:

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True ******?

***** ******* **** ***** ************* **** ******** *** ******, ** ** ********** **** ** know **** ** ****. *** **** likely ****** ** **** **'* ******** that *** **** $*** *******, *** revenue.

******* ***** **** ** **** *******'* fiscal **** **** ** *******, ** the ****** **** ******* ********* ***** be ********* ** ** *** *, 2020 ** *** **, ****.

Bookings ** *******

******* ***** ************* **** **** *** revenue ** *** ********* ** * year, ***** ** ********* ***** *****-**** subscription ******** *******. *** *******, * 3 **** ******* **** ** ****** 30, **** ***** **** ***** *** 0.5 **** ******* *********** *** *******'* fiscal ****, ** *** ********* *.* years ***** ** ********** / ********* until ****** *****.

*** *******, **** ** * ** school ********** *-**** ********:

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*** **** ** * ********* ****** (Gateway ******* ** ******* **) ********** 10-year ****** ******* ********:

IPVM Image

** ******** *** ******* ********* ****** purchased **** ******* ** ** *** 3 ** * **** ***** ** ~$500 *** ******.

*** ****** ** ***-******* ********* ***** be **** ******* ***** ****** ** some ** ** **% **** **** actual *******.

Counting *********** *******

***** **** **** *** ****** ********, there ** **** ******* ** ************** of *** ******* ********* ****** ***** booking. ** *** *** *****, *** example, ** ******* ****** ******** ********* have ********* ** (*.*., ****** * commits ** ****** *,*** *******) *** Verkada **** ********* *** ** *** fiscal ****. **** ***** *** ** revenue *** **** *** ***** ** as ******, ******* ********** *** *** between *** *** *******.

Cash *******

***********, *** ***** ** *****, ********** of ******* **********, ** ** ** advantage **** ******* *** ******* **** for ******** ** ** **** ***** in *******. *** *******, ***** * round ******, ** *** ******* **** 100,000 ******* **** ****, ** ********** an ******* **, ***, ~* ***** that ***** **** ******* ******** ~$** million **** ** **** *** ******** that ** **** *** ******* *** years.

**** ****** **** ** ****** **** aggressively *** ** **** ********* ** outside **********.

Device ***** - ***,*** ** *****

**** ******* **** **** / ****** occurred ** *****, ** *** ********* that *** ******* *** ~***,*** ******* online.

50,000+ ******* ***** **

** ********, ** **** ******, ****** 6 ****** *****, * ******* ********* claimed **** **** "*** **** ***,*** devices **** ** *** *****", ** increase ** **** **** **,***.

*** **** *********, *******, **** **** are "******* ******* **,*** ******* ***** quarter." ** **** ** *** ****, the ****** ****** ** ***** ***,***.

Low ***** ******** ** ******** ***********

** * ***** *****, *.*., ***,*** total *******, ******* ** *** ***********. By ********, **** ** ******* ******** of ******* * ****, **** ********** modest ***** ************ ********* *** ******* hundreds ** ********* ** ******* * year.

Advantage ** ********* *******

*******, ******* ******* *** * ***** advantage ** ********* *******. *** ********* all ********* ****** ***********, *** **** revenue **** **** ****** *** * device **** ** *** *** *** device ** ****. *** *******, **** device ** * ********** (********) ******* stream ** $*,*** ** ****.

********, **, ***** **** ****, ******* has **** ***,*** ******* ** *** field, **** ***** **** **** ******** a ********* ********** $** ******* ** subscription ******* *******, **** ** **** sell ******* *** ** ****. ** their **** *****, ** / **** they **** * ******* ******* ** the *****, **** **** ******** ~$*** million ** *******, **** ******* ******* a ****** *** ******, ***.

Sales **** ******

**** ** ****, ** ******** ******* to ** "*** ******* ******* ***** ************ ***** Organization ****".

**** ********* ** ** ****, **** the ******* ******* ********* ** **** 800:

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*** *** ***** ************ ********* ** grow ** ************* *******, *** **** 400 **** ******* *** * ***** the **** ** ***** *********** ****:

IPVM Image

******* *** ***** ***+ *********** **** in *** **** ** ****** ***, at ***+ ***** **** *******, **'* the ******* ***** ************ ** ***** American ******** ********.

**** **** ** *** ** *** most ********* ******** *** *******'* ****** growth, *** *** *** *** ********* can *** *******'* ***** **** ******. Can **** ** ********** ** *** or *,*** ***********? *** **** ****** can *** ******* ***** **** **** call *** ***** **** *** ****?

Growth ******* *** *******

**** *********, ******* ***** ***** ******** annually, * **** **********, ***** *******'* ******** ** ****, *** **** ** ******* ** similar *****.

** ******* *******'* ******* ** ******** $130 ******* ** $** ******* ** 2020, *** *** **** ** **** growth **** **** **** *** ********. Even ** *******'* ****** ******* *** much ***** **** **** **** ********* touted, ******** ******** *** * *** years **** **** ***** ******* ** generate $***+ ******* ******* ** **** $1 *******.

*** **** ******** **** ****** ****? To ** ****.

Comments (15)

**** ****'** **** ** **********, *** they're ******** * *** ** *****. It **** ** *********** ** *** how **** **** *** **** ** up.

Agree
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Funny

******** **** **** ** ***+ *********, with ******* ****** ******* ***** ** ~$150 ******* ********. **** ******** **** for *******.

*****, * ***'* ***** ****'* *** concern *** ********* ** **** ** they *** ******* *** **** ****** and **** ** ****** **** ****** in *****.

Agree: 1
Disagree
Informative: 3
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Funny

* ***** **'* *** * ******* for ********* *** - *** ** some ***** ****'** ***** ** **** a ******. ** **** * *****, 5 *****, ** *****? ** ***** is ****** ** * ***** **** 2 ** **.

Agree
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*** ****** ** **** ***** ********* value *** ******* **, ** ******* could **** ******** ****** *** * decade *** ********* ***** ***** ******* increase *** *******'* *********, ** *** line ****** ** **********. **** ** common *** **** *********.

Agree: 2
Disagree
Informative: 1
Unhelpful
Funny

**** ****'** **** ** **********, *** they're ******** * *** ** *****.

****’** ******* ** ***** *******:

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Agree
Disagree
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Unhelpful
Funny: 8

******** ** *****, **** ******** ** to ***** *** ** ** *******, Verkada *** ***** ** *** *** in ** ****, ***** ** ************ atypical:

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* ****** ** **** *** ********** focus / ****** ** ** **** ads ***** *** **** * ***** component ************.

Agree
Disagree
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Unhelpful
Funny: 2

* ******** *** * ******* ** on ******* *** ***** ***, ***** I *** ***** **** ******.

Agree: 1
Disagree
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Unhelpful
Funny

******* ********* *** **** **** ***** -******* ** *** **** ** *** Me **** * *** ** *******, GRRRRR

* ** ******* ** *** *** much ** ** ****** ******* *** are ******.

Agree: 1
Disagree
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Funny

**** ***'* **** ******* **. * at ***** ******* ** ***** * week **** ****. **** *** *********. I've **** **** * ** *** interested ******* *****.

Agree
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Informative: 5
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******* ***** *** ****? * **** the "** *** ****" ***** ***** but ****** ********. ********* ** ***** is * **** *** ****?

Agree: 2
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Unhelpful
Funny

******, **** ** ** ** *** bright ****, **** ** **** **** the ** ***** * **** **** will ** ****** ** *** **** year.

* ** *******, * **** ** least *** *** ****.

*******, **** ** * ********** ***** with *******, ***"********, ****, *** **********" - ******* Sales ********* *** *****. **** ** **** * ** fascinated ** ***, *** ** *** keep ** ******* *** ***** **** when *** *** ********** *** ***** already?

Agree: 1
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Funny: 4

******, ******* *** *** ** ** teammates ** ***** **** **** ** was ** **** ** ***** ****** we ******. **** ******** ** ***********, until * *** ** * ***** call **** *** ** ***** ******** and **** ** **** ***** ******* track ******. (**********, *****, ******, ***) and ***** ** ******* **** *** to ******* *** ************ *****. ** you *** ****** ** ** *** same, * ******* **** **** ***** you *****.

** **** *** ***** **** *****, even ** *** * ***** ** give **** ***** **** ****.

Agree: 2
Disagree
Informative: 6
Unhelpful: 1
Funny

*** **** ****, ****'* *** * bad ****.

Agree
Disagree
Informative
Unhelpful
Funny: 2

******: ** ******** * ******* *********** email **** **** **** *** "** 135% ****** ***, **** ***** ** adverse ****". ******* *** ********* ** accurate, ******* *** *****, ******** ** revenue, ******** ** **** ***** ******, obviously, ** ** *** ****.

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Disagree
Informative: 1
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******* ******** ****** $*** ******* ** revenue *** ****:

IPVM Image

**** ** **** *****, ** **** is * ******** ******* ********/***** *******. Whether ** *** ** ** ****, of ******, ****** ** ******* *** it ** ********** **** ***** ******** claims, ***.

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Informative: 1
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Funny
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