Veniam Works
Latest round
- Series B
Last raised
- Nov 2015
Total raised
- $27M
Investors
- 9
About Veniam Works
Veniam Works Inc.Founded in 2012 in San Francisco, US, Veniam Works Inc. develops innovative data networking technologies for connected vehicles. The company was co-founded by João Barros and Susana Sargento, with João Barros serving as the CEO.Veniam specializes in advanced data networking solutions designed for the Internet of Moving Things, offering a multi-network platform that facilitates the transfer of large volumes of data for applications such as video telematics, fleet operations, industrial IoT, and connected vehicles. Their primary products include a cloud platform, hardware components, and software development kits (SDKs) that enable seamless data transmission between vehicles and cloud infrastructures. End users include automotive manufacturers, transportation service providers, and municipalities, particularly in markets such as Europe and North America, where initiatives like Singapore’s Smart Nation initiative are being supported through their technology.Veniam's revenue model is primarily based on partnerships and subscriptions, offering clients access to its intelligent networking platform and associated services. Transactions generally occur through B2B relationships, where enterprise clients subscribe to Veniam’s services to facilitate data transfer and connectivity solutions for their fleets or IoT applications. Specific pricing structures for the services are determined based on the scale and complexity of the deployment, reflecting the needs of clients ranging from automotive OEMs to public transportation systems., finalized in August 2022, Veniam aims to scale its data footprint and broaden its services for OEMs. The focus will be on enhancing their existing technology stack and exploring integrations that cater to emerging markets. As part of these initiatives, Veniam is expected to roll out new networking solutions tailored for specific applications in the connected vehicle and IoT sectors.
Who invested in Veniam Works
9 investors across 2 rounds
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Questions about Veniam Works
Who invested in Veniam Works?
Veniam Works has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Veniam Works raised?
Veniam Works has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Veniam Works last raise money?
Veniam Works's most recent round on record is a Series B, in Nov 2015.
What does Veniam Works do?
Veniam Works is a telecoms company.
Where is Veniam Works headquartered?
Veniam Works is headquartered in San Francisco, US.
Which VCs invest in companies like Veniam Works?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at Veniam Works's stage. Their profiles are linked below.
VCs backing telecoms startups at Series B
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