American security technology company Verkada's valuation has increased to $5.8 billion.

American security technology company Verkada announced that in the latest round of financing led by CapitalG, the company's valuation reached $5.8 billion, an increase of $1.3 billion from the previous round of financing in February. The statement said that this round of financing will accelerate Verkada's research and development in the field of artificial intelligence. At the same time, the company's annualized booking amount has exceeded $1 billion.