Rhombus Systems was founded in Sacramento, California in 2016. CEO Garrett Larsson. Venture-backed, approximately $84M total funding including a US$45M Series C led by NightDragon on 30 July 2024. Still independent.
The product is the same closed-ecosystem, per-camera-licence, cloud-managed model as Verkada - cameras + sensors + access control + alarms + analytics, all managed in the Rhombus Console. The differentiator is that Rhombus sells through partners rather than around them. Same IPVM "Hostage as a Service" critique applies; just delivered with less direct-sales friction.
Two notable channel events: 27 February 2025 - Rhombus acquired Dashdive, a cloud-cost-management startup. 26 March 2026 - Rhombus signed a reseller / integration deal with Honeywell. Still independent, but increasingly channel-tethered to Honeywell. The price sheet PDF (latest revision November 2025) is published at rhombus.com/files/rhombus-price-sheet.pdf - one of the most transparent VSaaS pricing publications in the category alongside Videoloft.