Tech Company Financing Transactions

Veniam Funding Round

Verizon Ventures, Cane Investments and Cisco Investments participated in a $22 million Series B capital raise for Veniam. The funding round was announced on 2/11/2016.

Transaction Overview

Company Name
Veniam
Announced On
2/11/2016
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors

Verizon Ventures (Lead Investor) (Ed Ruth)

Cane Investments

Cisco Investments

True Ventures (Om Malik)

Union Square Ventures (Brad Burnham)

Yamaha Motor Ventures

Proceeds Purpose
The funding will enable Veniam to expand its full-stack platform and deliver managed services over networks of connected vehicles to be deployed in urban fleets, ports, airports, factories and other transportation ecosystems around the world, including New York, Singapore, Barcelona, and London. Veniam will also grow its teams in Silicon Valley, Porto (Portugal) and Singapore to continue developing its innovative hardware, software and cloud components, while delivering city-scale mesh networks of vehicles that expand wireless coverage and act as mobile sensors for a wide range of applications.

Company Information

Company Status
Private & Independent
Industry
Wireless
Mailing Address
331 West Evelyn Ave.
Mountain View, CA 94041
USA
Phone
(415) 470-3349
Website
www.veniam.com
Email Address
[email protected]
Overview
Leveraging the 1 billion vehicles around the globe, Veniam delivers advanced networking technology that connects infrastructure, people and moving things to each other and to the Internet.
Profile
Veniam LinkedIn Company Profile
Social Media
Veniam Company Twitter Account
Company News
Veniam News
Facebook
Veniam on Facebook
YouTube
Veniam on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joao Barros
  Joao Barros LinkedIn Profile  Joao Barros Twitter Account  Joao Barros News  Joao Barros on Facebook
Chief Operating Officer
M.J. Souto
  M.J. Souto LinkedIn Profile  M.J. Souto Twitter Account  M.J. Souto News  M.J. Souto on Facebook
Chief Technical Officer
Rui Costa
  Rui Costa LinkedIn Profile  Rui Costa Twitter Account  Rui Costa News  Rui Costa on Facebook
Founder
Robin Chase
  Robin Chase LinkedIn Profile  Robin Chase Twitter Account  Robin Chase News  Robin Chase on Facebook
Founder
Roy Russell
  Roy Russell LinkedIn Profile  Roy Russell Twitter Account  Roy Russell News  Roy Russell on Facebook
Founder
Susana Sargento
  Susana Sargento LinkedIn Profile  Susana Sargento Twitter Account  Susana Sargento News  Susana Sargento on Facebook
VP - Bus. Development
Jane Hoffer
  Jane Hoffer LinkedIn Profile  Jane Hoffer Twitter Account  Jane Hoffer News  Jane Hoffer on Facebook

 

 

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