About Veniam
Veniam is a company based in Mountain View (United States) founded in 2012 by Susana Sargento was acquired by Nexar in August 2022. Veniam has raised $26.94 million across 2 funding rounds from investors including Nexar, Verizon and Cisco Investments. Veniam offers products and services including SDK and Cloud Services and Intelligent Networking Platform. Veniam operates in a competitive market with competitors including eero, goTenna, Rajant, GreenCom Networks and Wirepas, among others.
- Headquarter Mountain View, United States
- Founders Susana Sargento
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Technology
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Products & Services of Veniam
Veniam offers a comprehensive portfolio of products and services, including SDK and Cloud Services and Intelligent Networking Platform.
Enables data transfer for IoT devices in vehicles and fleets.
Facilitates secure, cost-effective data management across networks.
People of Veniam
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Funding Insights of Veniam
Veniam has successfully raised a total of $26.94M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in February 2016. 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 Veniam
Veniam has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Nexar, Verizon and Cisco Investments.
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Technology investments and expertise in networking, cloud, and security services.
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Venture capital firm supporting AI founders through investments and community.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Investor details for Veniam
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Investments & Acquisitions by Veniam
Investment portfolio details for Veniam
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Financial Statements - Veniam
Detailed financials for Veniam
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Veniam Comparisons
Peer comparison for Veniam
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Competitors of Veniam
Veniam 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 eero, goTenna, Rajant, GreenCom Networks and Wirepas, among others.
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Mesh-based connectivity solutions for IoT applications are provided.
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Mobile mesh networking is enabled for off-grid smartphone use.
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A private wireless mesh network is provided for adaptive communications.
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Cloud & AI-based mesh networking management solutions provider
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Wireless connectivity software for industrial IoT deployments is provided.
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Detailed competitors of Veniam
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Latest news on Veniam
Complete news archive for Veniam
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Frequently Asked Questions about Veniam
Veniam was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Veniam is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Veniam is a funded company, having raised a total of $26.94M across 2 funding rounds to date.
Founded in 2012 and based in Mountain View, United States, Veniam operates in the wireless networking sector focused on connected and autonomous vehicles. Mesh networks are created using WiFi transmitters in vehicles, with products offered for fleet operators to enable WiFi access and for wireless Internet in confined spaces like ports. Data collection from operations is supported, along with V2X technologies. Clients such as Vodafone and Cisco are served.
Veniam offers SDK and Cloud Services and Intelligent Networking Platform.
Veniam has 8 investors. Key investors include Nexar, Verizon, Cisco Investments, True Ventures, and Union Square Ventures.