Capitalizing on the trends, Memfault, a platform that allows IoT device manufacturers to find issues in their edge products over the cloud, has closed a $24 million Series B funding round led by Stripes, with participation from the 5G Open Innovation Lab, Partech and Uncork.
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Memfault is the first cloud-based observability platform for connected device debugging, monitoring, and updating, which brings the efficiencies and innovation of software development to hardware processes.
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January 24 2023
Memfault raises $24M to help companies manage their growing IoT device fleets
April 1 2022
Device monitoring and management startup Memfault nabs $8.5M
Memfault, a startup developing software for consumer device firmware delivery, monitoring, and diagnostics, today closed an $8.5 million series A funding round.