Memfault

Consumer ProductsSeries BSan Francisco, USmemfault.com

Latest round

Series B

Last raised

Jan 2023

Total raised

$40M

Investors

8

About Memfault

Based in California, Memfault, Inc.Memfault, Inc. is focused on improving the performance of IoT devices through its Embedded Observability Platform.Memfault specializes in providing an Embedded Observability Platform designed to enhance the monitoring, debugging, and updating of Internet of Things (IoT) devices. The core offerings focus on real-time visibility into device performance and reliability, allowing manufacturers to quickly identify and resolve issues before they escalate into customer complaints. The platform is capable of monitoring various devices, including Bluetooth Low Energy (BLE) sensors and Ethernet-connected cameras, seamlessly integrating with existing development tools.Memfault operates under a subscription-based revenue model, where clients pay for access to its Embedded Observability Platform. Partnerships with businesses focused on IoT device development allow clients to subscribe for insights into device performance, firmware updates, and device reliability management. Service tiers offer various features, including enhanced analytics and monitoring capabilities.In January 2023, Memfault, Inc. The company is focusing on enhancing its platform capabilities and aims to explore new markets, enhancing its service offerings to meet the evolving demands of the IoT sector.

Who invested in Memfault

8 investors across 3 rounds

See all investors in Memfault

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Jan 30, 2023

    Amount

    $29M

    Investors

    Locked

  2. Series A

    Apr 1, 2021

    Amount

    $8.5M

    Investors

    Locked

  3. Seed

    Nov 15, 2019

    Amount

    $2.5M

    Investors

    Locked

Questions about Memfault

Who invested in Memfault?

Memfault has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Memfault raised?

Memfault has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Memfault last raise money?

Memfault's most recent round on record is a Series B, in Jan 2023.

What does Memfault do?

Based in California, Memfault, Inc.

Where is Memfault headquartered?

Memfault is headquartered in San Francisco, US.

Which VCs invest in companies like Memfault?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Memfault's stage. Their profiles are linked below.

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