Carlos Baldassari

Memfault Raises $24 Million in Series B Funding to Supercharge its IoT Reliability Platform

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Tuesday, January 24, 2023
Lyft, Automation, Linux, OTA, IOT, Wi-Fi, Tech, Silicon Labs, NXP, Bay, Android, LoRa, Stripe, SAN, Heel, DRE, Infineon Technologies, Silicon, SRE, Data analysis, Consumer, Carlos Baldassari, Nordic Semiconductor, Uncork Capital, Traeger, Airth, Television, Mobile phone, Pebble, Bose, Fitbit, Oculus, Bluetooth, Zigbee

SAN FRANCISCO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Memfault , the provider of the first IoT reliability platform, announced today a $24M Series B funding round.

Key Points: 
  • SAN FRANCISCO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Memfault , the provider of the first IoT reliability platform, announced today a $24M Series B funding round.
  • The funding will support the company’s product roadmap and partner development, and grow the Memfault team across all areas to address rising enterprise demand.
  • “Memfault stands alone in the market,” said Stripes partner Saagar Kulkarni, who will join Memfault’s board.
  • Similar to software reliability engineering (SRE), these tools transform how developers build and operate IoT and edge devices with automation, data analysis and more collaboration.

Memfault Wins 2023 IoT Breakthrough Award as IoT Emerging Company of the Year for the Consumer Market

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Thursday, January 12, 2023
Transport, SoundHound, Marvell, General Electric, IOT, Airth, Aspen Technology, Mitsubishi Electric, Rockwell Automation, OTA, LoRa, Leviton, HARMAN, Carlos Baldassari, Creativity, Fitbit, Engineering, KORE, SAN, Consumer, Cisco Systems, Amazon, TP-Link, Android, Micromobility, Tech, Verizon Communications, Pebble, Oculus, Lenovo, Linux

SAN FRANCISCO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Memfault , provider of the first IoT reliability platform, today announced it has been named “IoT Emerging Company of the Year for the Consumer Market” in the 2023 IoT Breakthrough Awards.

Key Points: 
  • SAN FRANCISCO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Memfault , provider of the first IoT reliability platform, today announced it has been named “IoT Emerging Company of the Year for the Consumer Market” in the 2023 IoT Breakthrough Awards.
  • Memfault was selected from over 4,000 nominees for its excellence, creativity, hard work, and overall success.
  • Memfault offers the first IoT reliability platform that gives developers a more scalable and sustainable process to transform how they build and operate IoT and edge devices.
  • Customers like micromobility leader Lyft, air quality monitor provider Airthings, and fitness wearable company Whoop use Memfault for over-the-air (OTA) updating, monitoring, and debugging connected devices.