Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d648dcb-c66b-4b44-aa05-cdaa3b554843
Date 2/11/2016
Company Name Veniam
Mailing Address 331 West Evelyn Avenue Mountain View, CA 94041 USA
Company Description 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.
Proceeds Purposes 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.