Cloud-managed physical security provider Rhombus has announced $45 million in Series C funding led by NightDragon, a cybersecurity, safety, security and privacy investment firm.

According to the company, the funding comes as more organizations look to make the shift from complex legacy systems to fully integrated solutions that leverage the power of the cloud and advanced analytics for enhanced security, safety and operational efficiencies.

Rhombus’ hardware-software solution combines smart security cameras, access control, connected Internet of Things (IoT) sensors, alarm monitoring and an intuitive console in a cloud-managed and open platform.

A new era of security

The company says that a growing ecosystem of over 40 integrations, along with the ability to easily serve Rhombus data to other critical systems through an open API, arms organizations with personalized end-to-end solutions.

This allows users to see, understand and respond to critical events unique to their operations – whether they are a school taking proactive steps against gun-related violence, a retailer tackling loss prevention or a construction business tracking high-value equipment.

“Physical security is entering a new era, where it is possible to have smarter, safer spaces through the power of connected systems, cloud platforms, AI and more,” said Dave DeWalt, Founder and CEO of NightDragon.

“NightDragon is proud to lead an investment in Rhombus, which is enabling this transformation through its innovative, leading technology and open platform approach to better secure our world for tomorrow.”

Rhombus says that it will use the new funding to further expand its go-to-market strategy, including continued investment in its partner and developer ecosystem and expansion of its international presence.

Additionally, it will continue advancing internal AI and open platform capabilities.