Rhombus Systems is a technology company.
Rhombus Systems has raised $84.0M across 4 funding rounds.
Rhombus Systems has raised $84.0M in total across 4 funding rounds.
Rhombus Systems has raised $84.0M in total across 4 funding rounds.
Rhombus Systems's investors include AllegisCyber Capital, Cota Capital, FINTOP Capital, Ten Eleven Ventures, Broadway Angels, Ganas Ventures, Aston Motes, Farzad Nazem, Henry Kravis, Michael Stoppelman, Rick Berry, Steve King.
Rhombus Systems is a technology company that builds a customizable, cloud-managed physical security platform for enterprise organizations, integrating smart cameras, access control, IoT sensors, alarm monitoring, and over 50 third-party integrations to provide real-time visibility, AI-driven insights, and automated workflows.[1][2][3] It serves sectors like education, storage & warehousing, and multi-location enterprises (e.g., Luxer One across 11K locations), solving problems of siloed legacy systems by unifying hardware and software for scalable, interoperable security that operates offline, minimizes latency, and enhances operational efficiency.[2][4] Growth momentum is evident in expansions like AI-powered Operational Analytics (e.g., Line Crossing and Occupancy Counting), customer stories showing 80% reduced outages and search times cut from days to minutes, and its position as a pioneer since 2016 with ongoing feature rollouts.[2][3][5]
Rhombus was founded in 2016 by industry veterans Garrett Larsson (CEO), Dave Gustafson (VP of Hardware & CTO), and Omar Khan (COO), who brought expertise in software, hardware, and enterprise IT.[1][5][6] The idea emerged from their frustration with complex, unreliable enterprise video security systems—unlike easy consumer options—prompting them to create cloud-managed cameras that scale for large organizations without NVR/DVR hassles.[6] Early traction came from pioneering enterprise-level cloud physical security, evolving from cameras to a full platform with AI analytics, sensors, and integrations, including partnerships like Kisi.[1][5][6]
Rhombus rides the trend toward cloud-native, AI-enhanced physical security, replacing legacy on-premise systems amid rising demands for remote management, real-time analytics, and integration in hybrid work/IoT environments.[2][5][7] Timing is ideal as enterprises prioritize cybersecurity in physical systems post-breaches and seek scalable solutions for distributed operations, fueled by market forces like AI adoption in surveillance and the shift from siloed hardware to unified platforms.[3][6] It influences the ecosystem by setting standards for open, interoperable security—enabling partners like Security 101 and Kisi—while driving efficiency in education (campus safety) and logistics (warehouse productivity), paving the way for smarter, adaptive infrastructure.[4][6]
Rhombus is poised to expand its AI suite with more adaptive analytics and integrations, capitalizing on growing needs for proactive, data-driven security in expanding sectors like retail and healthcare.[3] Trends like edge AI proliferation, zero-trust cybersecurity, and multi-modal sensor fusion will shape its trajectory, potentially amplifying influence through acquisitions or deeper enterprise partnerships. As a trailblazer modernizing physical security, Rhombus will continue empowering organizations to turn threats into actionable insights, safeguarding spaces at global scale.[2][5]
Rhombus Systems has raised $84.0M across 4 funding rounds. Most recently, it raised $45.0M Series C in July 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2024 | $45.0M Series C | AllegisCyber Capital, Cota Capital, FINTOP Capital, Ten Eleven Ventures | |
| Feb 1, 2024 | $26.0M Series B | Cota Capital, FINTOP Capital | |
| Oct 1, 2021 | $10.0M Series A | Cota Capital, FINTOP Capital | |
| Sep 1, 2018 | $3.0M Seed | AllegisCyber Capital, Broadway Angels, Cota Capital, Ganas Ventures, Aston Motes, Farzad Nazem, Henry Kravis, Michael Stoppelman, Rick Berry, Steve King |