Tech Company Financing Transactions
Memfault Funding Round
On 1/24/2023, Memfault raised $24 million in Series B investment from Stripes Group, 5G Open Innovation Lab and Partech Partners.
Transaction Overview
Company Name
Announced On
1/24/2023
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to support its product roadmap and partner development, and grow its team across all areas to address rising enterprise demand.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
981 Mission St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Started in 2018, Memfault is the collaboration of engineers who share decades of experience working at leading hardware companies including Oculus, Fitbit, and Pebble.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
François Baldassari
Chief Technical Officer
Chris Coleman
Co-Founder
Tyler Hoffmann
VP - Engineering
Ryan Case
Browse more venture capital transactions:
Prev: 1/24/2023: Traction Complete venture capital transaction
Next: 1/24/2023: Metabolon venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs