Verkada Appoints Chris Stori as New Chief Information Officer to Accelerate Growth

Chris Stori Appointed as Chief Information Officer at Verkada

Verkada, a leader in the realm of Physical AI, has officially announced Chris Stori's appointment as the company's Chief Information Officer (CIO). This strategic move aims to bolster Verkada's technology infrastructure as it embarks on a new phase of growth.

Stori's Role and Vision

In his role as CIO, Stori is set to spearhead the corporate IT strategy, business systems, and various technology-driven initiatives designed to support Verkada's rapid expansion. Filip Kaliszan, the co-founder and CEO of Verkada, expressed confidence in Stori's capabilities, stating, "Chris' track record reflects the operational rigor and ambition that will define Verkada's next chapter." As the company continues to invest in artificial intelligence-driven functionalities and expand its global reach, Stori's leadership will play a crucial role in building an AI-powered operating system tailored for the physical world.

A Proven Track Record

Before joining Verkada, Chris Stori served as the CEO of Bright Machines, accumulating significant expertise in enterprise networking and hardware-software integration. His prior experience at Cisco spanned over 11 years, where he held prominent leadership roles. Notably, he was the Senior Vice President and General Manager of Networking Experiences, managing a multi-billion-dollar portfolio that encompassed Enterprise Networking, IoT, and Meraki. His contributions were pivotal in scaling Meraki's customer base from 18,000 to an impressive 600,000, showcasing his talent for driving substantial growth through enriching user experiences. Prior to his tech roles, Stori gained valuable insights as a consultant at McKinsey & Company, advising on international market strategies.

Record-Breaking Success

Stori's entry into Verkada coincides with the company celebrating a record-breaking fiscal year. Verkada reported a remarkable 30% increase in revenue year-over-year, now serving over 31,000 customers worldwide, which includes more than 100 Fortune 500 companies. Notably, 78% of the company’s main customers utilize at least two Verkada product lines, while 54% engage with three or more. The average customer doubles their initial expenditure within the first 12 months of partnering with Verkada.

Verkada's stellar sales results stem from a growing demand for proactive, AI-enhanced physical security solutions that enable organizations to deter threats, function efficiently, and foster safer communities on a global scale. The company also unveiled its AI-powered deterrent solution, which represents a shift from traditional passive surveillance to proactive security intelligence. This advanced capability utilizes comprehensive vision, audio, and language models to detect and alert potential intruders before an incident occurs.

Looking Ahead

Stori expressed enthusiasm for his new role, remarking, "Verkada is redefining what's possible with Physical AI and delivering tangible effects in the real world. I am eager to collaborate with the team to enhance our global operations and internal infrastructure, thereby strengthening our impact across different sectors and markets."

Verkada positions itself as a transformative entity in the physical security arena, connecting video cameras, access controls, environmental sensors, alarms, workplace systems, and intercoms through a single cloud-native platform. This integration allows the use of AI to analyze, reason, and guide decisions in the physical environment. Having been deployed in over 30,000 organizations across 170 countries, including a significant representation among the Fortune 500, Verkada is well on its way to shaping the future of safety and security in various domains. For further information, you can visit Verkada's official website.