Veniam

Acquired

The Internet of Moving Things

Porto, Portugal · Founded 2012 · $26.9M raised

Headquarters
Porto
Employees
11–50
Founded
2012
Business Model
B2B
Website
veniam.com
Total Funding
$26.9M
Last Round
$22.0M Series BFeb 2016
Rounds
2
Acquisition Date
Aug 2022

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Since 2012, Veniam has been bringing the Internet of Moving Things to life, deploying its intelligent networking platform in hundreds of thousands of mobile devices and connected vehicles. The company's purpose is to help improve the quality of life of millions of people by delivering the networking fabric for the Internet of Moving Things.

Summary

Veniam is an IoT company based in Porto, Portugal, founded in 2012. It has raised $26.9M in total across 2 rounds, most recently a $22.0M Series B round in Feb 2016. Investors include Verizon Ventures, True Ventures and Union Square Ventures.

Tech & App Stack

6 technologies & apps tracked

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Funding & Exit History

AcquisitionAcquired by NexarAug 2022

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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