About Memfault
Memfault is a company based in San Francisco (United States) founded in 2015 by Tyler Hoffman and Chris Coleman was acquired by Nordic Semiconductor in June 2025. Memfault has raised $35 million across 3 funding rounds from investors including Partech Partners, Nordic Semiconductor and Stripes. Memfault offers products and services including Observability Platform and OTA Updates. Memfault operates in a competitive market with competitors including Automox, Celeno, Xyte, Hara and Kii, among others.
- Headquarter San Francisco, United States
- Founders Tyler Hoffman, Chris Coleman
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Memfault, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$35 M (USD)
in 3 rounds
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Latest Funding Round
$24 M (USD), Series B
Jan 24, 2023
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Investors
Partech Partners
& 6 more
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Employee Count
Not available
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Acquired by
Nordic Semiconductor
(Jun 24, 2025)
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Products & Services of Memfault
Memfault offers a comprehensive portfolio of products and services, including Observability Platform and OTA Updates.
Platform for real-time IoT device performance monitoring and diagnostics.
Service for deploying and monitoring over-the-air firmware updates.
People of Memfault
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Funding Insights of Memfault
Memfault has successfully raised a total of $35M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Memfault
Memfault has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Partech Partners, Nordic Semiconductor and Stripes.
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Global investments are made in product-led growth companies.
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Startup studio focused on multiple sectors
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Venture capital is provided to global tech startups and scale-ups.
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Investor details for Memfault
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Investments & Acquisitions by Memfault
Investment portfolio details for Memfault
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Financial Statements - Memfault
Detailed financials for Memfault
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Memfault Comparisons
Peer comparison for Memfault
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Competitors of Memfault
Memfault operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Automox, Celeno, Xyte, Hara and Kii, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based patch management for network systems is facilitated.
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Provides high performance WiFi chips and software
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Cloud-based servitization platform is provided for OEM connected devices.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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Detailed competitors of Memfault
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Latest news on Memfault
Complete news archive for Memfault
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Frequently Asked Questions about Memfault
Memfault was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Memfault is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Memfault is a funded company, having raised a total of $35M across 3 funding rounds to date.
Memfault was founded in 2015 and is headquartered in San Francisco, United States. Developer tools, firmware delivery, monitoring, and diagnostics are offered to consumer electronics companies. Real-time error visibility is provided for field devices, along with infrastructure for targeted fixes. Deployment status, version adoption, metrics, trends, backtraces, and reset analytics are tracked. The platform supports firmware deployment to bare-metal and RTOS environments in low-level devices.
Memfault's top competitors include Automox, Hara and Arch Systems.
Memfault offers Observability Platform and OTA Updates.
Memfault has 7 investors. Key investors include Partech Partners, Nordic Semiconductor, Stripes, 5G Open Innovation Lab, and Uncork Capital.