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Rhombus Secures $26M+ in Funding for Cloud-Managed Physical Security Innovation

Team Rhombus | Rhombus Blog
by Team Rhombus, on February 27, 2024
Growth and Company Culture
Rhombus Secures $26M+ in Funding for Cloud-Managed Physical Security Innovation | Blog

Today, Rhombus is proud to announce a significant step forward in our mission to revolutionize physical security: the securing of over $26 million in funding. Co-led by Tru Arrow and Cota Capital, with additional support from Silicon Valley Bank, Caden Capital, and Uncorrelated Capital, this investment fuels our commitment to providing simple, smart, and powerful security solutions.

At Rhombus, we're not just protecting locations; we're safeguarding peace of mind. With over 100,000 devices deployed worldwide, including cameras, sensors, and access control devices, our cloud-managed physical security platform is trusted by over 30,000 locations globally. From Fortune 500 companies to school districts and municipalities, organizations rely on Rhombus to provide scalable infrastructure, advanced analytics, and plug-and-play integrations that meet their security needs.

But what sets Rhombus apart isn't just our technology—it's our dedication to innovation, integrity, and simplicity. Our recent progress in augmenting our ecosystem and forging new partnerships underscores this commitment. By collaborating with companies like Omnilert, Roboflow, and Singlewire’s Informacast, we're enhancing our platform's capabilities, integrating seamlessly with complementary technologies, and offering comprehensive solutions tailored to the modern security landscape.

One of the most exciting developments in this past year, is the launch of Rhombus Access Control, which provides unified building security. Combined with our smart cameras, upgraded sensors, and partnerships, Rhombus is poised to deliver even greater value to our customers. But innovation doesn't stop there; it's woven into the fabric of everything we do. From advanced AI analytics to real-time notifications powered by machine learning, we're continuously pushing the boundaries of what's possible in physical security.

As we look to the future, Rhombus remains committed to our vision of making the world safer. With this funding, we're poised to pioneer even more innovative solutions and strategic partnerships, and solidify our position as a leader in the industry. But most importantly, we're committed to empowering our customers, providing them with the tools they need to protect what matters most.

Poduim with two Rhombus cameras and a computer and phone showing the console

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