Veniam - About the company
Veniam is an acquired company based in Mountain View (United States), founded in 2012 by Robin Chase, Susana Sargento and Joao Barros. It operates as an Intelligent networking platform enabling seamless data transfer for moving vehicles and IoT devices. Veniam has raised $27M in funding from True Ventures and Verizon. The company has 79 active competitors, including 13 funded and 13 that have exited. Its top competitors include companies like eero, goTenna and CyanConnode.
Company Details
Intelligent networking platform enabling seamless data transfer for moving vehicles and IoT devices. They provide software and cloud services that facilitate automatic, secure, and cost-effective data transfer across diverse networks. Their solutions cater to video telematics, connected fleets, industrial IoT, and auto OEMs, addressing data cost limitations for AI and customer experience. The platform offers intelligent data networking, expanding wireless coverage and collecting valuable data. They focus on intelligent networking for autonomous vehicles, accelerating future mobility with massive data flows. Their technology enables businesses to get more data for their customers and Artificial Intelligence (AI). They are building the Internet of Moving Things with their hardware, software and cloud platform.
- Website
- veniam.com
- Email ID
- *****@veniam.com
Key Metrics
Founded Year
2012
Location
Mountain View, United States
Stage
Acquired
Total Funding
$27M in 2 rounds
Latest Funding Round
Investors
Ranked
9th among 79 active competitors
Employee Count
6 as on Aug 31, 2026
Exit Details
Acquired by Nexar (Aug 03, 2022)
Veniam's acquisition details
Veniam got acquired by Nexar on Aug 03, 2022.
Click here to take a look at Veniam's acquisition in detail
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Veniam's funding and investors
Veniam has raised a total funding of $27M over 2 rounds. Its first funding round was on Dec 01, 2014. Its latest funding round was a Series B round on Feb 11, 2016 for $*****. 7 investors participated in its latest round. Veniam has 12 institutional investors.
Here is the list of recent funding rounds of Veniam:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 11, 2016 | 7334430 | Series B | 6950810 | 6036471 | 6651526 | 6274439 |
Dec 01, 2014 | 7393312 | Series A | 6399823 | 8166561 |
View details of Veniam's funding rounds and investors
Veniam's founders and board of directors
Founder? Claim ProfileHere are the details of Veniam's key team members:
- Robin Chase: Co-Founder of Veniam and founder of 1 other company.
- Susana Sargento: Co-Founder of Veniam.
- Joao Barros: Co-Founder & CEO of Veniam. Contact Info: 1 phone number
View details of Veniam's Founder profiles and Board Members
Veniam's employee count trend
Veniam has 6 employees as of Aug 26. Here is Veniam's employee count trend over the years:
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Veniam's Competitors and alternates
Top competitors of Veniam include eero, goTenna and CyanConnode. Here is the list of Top 10 competitors of Veniam, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | eero 2014, San Francisco (United States), Acquired | Developer of home and business mesh wifi network systems | $90M | 71/100 | |
2nd | goTenna 2012, Brooklyn (United States), Acquired | Developer of mobile mesh networking hardware and software communication solutions | $40.8M | 70/100 | |
3rd | CyanConnode Cambridge (United Kingdom), Public | Provider of narrowband radio frequency mesh networks for IoT communications | $5.43M | 63/100 | |
4th | Provider of wireless connectivity software for industrial and commercial IoT deployments | $74.9M | 62/100 | ||
5th | Rajant 2001, Malvern (United States), Series B | Provider of industrial wireless mesh network solutions for various industries | $8.05M | 61/100 | |
6th | GBT 2009, Santa Monica (United States), Unfunded | Provider of private network platform for IoT devices connectivity | - | - | 52/100 |
7th | GreenCom Networks 2011, Munich (Germany), Acquired | Cloud & AI-based mesh networking management solutions provider | $17.8M | 51/100 | |
8th | Wyld Networks 2018, Cambridge (United Kingdom), Public | Developer of innovative wireless technology solutions | $495K | - | 50/100 |
9th | Veniam 2012, Mountain View (United States), Acquired | Intelligent networking platform enabling seamless data transfer for moving vehicles and IoT devices | $27M | 50/100 | |
10th | Silvus Technologies 2004, Los Angeles (United States), Acquired | Innovating mobile networked MIMO wireless communication systems for critical applications | - | 46/100 |
Looking for more details on Veniam's competitors? Click here to see the top ones
Veniam's Investments and acquisitions
Veniam has made no investments or acquisitions yet.
Reports related to Veniam
Here is the latest report on Veniam's sector:
News related to Veniam
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Nexar to acquire Veniam to leverage vehicle vision sensor dataFierceElectronics•Aug 05, 2022•Nexar, Veniam
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Nexar uses Veniam technology to create its real time digital twin of the roadIoT Now•Dec 30, 2021•Nexar, Veniam
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Bosch and Veniam ensure seamless vehicle-to-everything connectivityBusiness Wire•Dec 05, 2018•Bosch, Veniam
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VENIAM to collaborate with DENSO on intelligent networking solutions for global automakersPR Newswire•Nov 13, 2018•Veniam, DENSO
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Open-source Connected Car Software Gains SupportTU-Automotive•Aug 17, 2018•HERE, Kinetica, NXM Labs, Neusoft and 2 others
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Veniam Signs Key Collaboration Partnership with Leading Singapore InfoMarketwired•Nov 21, 2016•Veniam, StarHub
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Verizon Ventures Invests in Veniam to Develop Smart Cities Infrastructure through the IoMTVerizon Ventures•Feb 11, 2016•Veniam, Verizon Ventures, Cisco Investments, Orange Digital Ventures and 4 others
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