A physical security startup called Rhombus, situated in Sacramento, California, raised more than $26 million in funding.
Existing investors Caden Capital and Uncorrelated Capital also participated in the round, which comprised a $17 million loan financing from Silicon Valley Bank and an investment co-led by Tru Arrow and Cota Capital.
The corporation plans to increase operations and reach in the business with the money.
Rhombus, a single cloud-based physical security platform with sensors, alarms, cameras, access management, and integrations, is run by CEO Garrett Larsson. Time-saving and security-enhancing multi-camera investigations and smart searches are made possible by the platform’s streamlined management tools. Real-time alerts for faces, cars, and other objects are provided by sophisticated analytics driven by machine learning.
Along with specialized solutions, long-term partnership commitments, and support, the organization also offers a customer-centric approach. It aspires to simplify physical security while upholding the highest ethical standards, placing a premium on creativity, honesty, and simplicity.
