Samsara, a San Francisco, CA-based enterprise sensor company, raised $100m in funding.
According to a post on its blog, backers included Andreessen Horowitz and General Catalyst.
The company, which has raised $130M in funding to date, intends to use the funds to accelerate new technology development in both fleet and industrial product areas, deepen its international presence, and scale sales and support teams to maintain the customer experience as they grow. They plan to hire 1,000 new employees to build new products, enter new markets, and support customer demand.
Founded in 2015 by Sanjit Biswas and John Bicket*, Samsara is an Internet of Things (IoT) company focused on providing an integrated portfolio of products that enable customers to improve the safety, efficiency, and customer service of their operations.
Its plug-and-play hardware and scalable cloud-based software are used by over 5,000 customers worldwide, from emerging businesses to Fortune 500 enterprises in transportation, field services, energy, food production, and manufacturing.
The company currently has over 450 employees in San Francisco, San Jose, and London.
Biswas and Bicket previously co-founded Meraki, a cloud networking leader that was born out of their PhD research at MIT and grew to support tens of thousands of customers worldwide. Meraki was acquired by Cisco Systems for $1.2 billion.
FinSMEs
31/12/2018