Rhombus acquires Dashdive to optimize cloud costs

SAN FRANCISCO: Rhombus, a leader in cloud-managed physical security, announced the acquisition of Dashdive, a SaaS platform specializing in monitoring and analyzing multi-tenant cloud service costs. The move aims to optimize cloud expenses and deliver more cost-effective solutions for Rhombus’ diverse global customer base.

Rhombus has used Dashdive’s technology to gain insights into its cloud costs on a per-camera and per-customer basis. The acquisition will allow Rhombus to integrate Dashdive’s cost management capabilities into its operations, supporting its mission to deliver enterprise-grade cloud-based security systems at competitive prices.

“As we’ve scaled to over 50,000 locations worldwide, understanding our cloud infrastructure costs at a granular level becomes increasingly critical,” said Brandon Salzberg, VP of Engineering. “Dashdive has helped us optimize cloud expenses. By bringing the technology in-house, we’re strengthening operational efficiency and enhancing service delivery.”

Dashdive, a Y-Combinator-backed company, developed tools that provide deep visibility into cloud spending. “Joining forces with Rhombus is the perfect next step for Dashdive,” said Adam Shugar, CTO and co-founder. “Seeing Rhombus leverage our platform validates our vision, and we’re excited to continue this journey as part of the Rhombus team.”

The acquisition comes amid significant growth for Rhombus, which serves over 3,000 customers, from school districts to Fortune 500 enterprises. Rhombus’ cloud-based approach to physical security has modernized legacy systems. With Dashdive’s expertise, Rhombus is poised to accelerate innovation while maintaining its commitment to scalable, future-proof solutions.

The Dashdive team will join Rhombus, ensuring continuity and expertise as the companies integrate their technologies.