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Rhombus Systems Raises $10M Series A To Help Organizations Create Safer Spaces

PRIVATEOct 21, 2021

Amount Raised

$10 Million

Round Type

Series A

SacramentoSoftwareSecurityCyber Security

Description

Rhombus Systems, a leader in cloud managed physical security solutions, is excited to announce a $10M round of funding led by Cota Capital with existing investors MSD Partners, Lemnos Labs, and Promus Ventures also participating in the round. This brings their total funding to over $20M in efforts to make the world safer with simple, smart, and powerful physical security solutions.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Rhombus that raised within 45 days of this round, from Fundz verified event records.

  • Invicti Security raised $625M on October 20, 2021.
  • Evolon Technology raised $16M (Series A) on September 10, 2021.
  • JumpCloud raised $30M on December 3, 2021.
  • Paperclip raised $7M on December 1, 2021.
  • Axiado raised an undisclosed amount (Series B) on November 30, 2021.
  • Expel, Inc. raised $140M (Series E) on November 18, 2021.

Who to call at Rhombus, and when

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Company Information

Company

Rhombus

Location

Sacramento, California, United States

About

Rhombus is a leader in cloud-managed physical security, providing a comprehensive platform that combines security cameras, access control, IoT sensors, and alarm monitoring. The company focuses on enabling organizations to transition from complex legacy systems to integrated solutions that utilize cloud technology and advanced analytics. Rhombus aims to make spaces smarter and safer through connected systems and innovative technology. Its platform supports over 40 integrations, allowing for personalized end-to-end security solutions.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Rhombus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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