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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
Social
X
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
Ranked
Employee Count
6 as on Aug 31, 2026
Similar Companies
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
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Veniam's founders and board of directors

Founder? Claim Profile
The founders of Veniam are Robin Chase, Susana Sargento and Joao Barros.
Here are the details of Veniam's key team members:

Veniam's employee count trend

Veniam has 6 employees as of Aug 26. Here is Veniam's employee count trend over the years:
Employee count trend for Veniam
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for eero
eero
2014, San Francisco (United States), Acquired
Developer of home and business mesh wifi network systems
$90M
71/100
2nd
Logo for goTenna
goTenna
2012, Brooklyn (United States), Acquired
Developer of mobile mesh networking hardware and software communication solutions
$40.8M
70/100
3rd
Logo for CyanConnode
CyanConnode
Cambridge (United Kingdom), Public
Provider of narrowband radio frequency mesh networks for IoT communications
$5.43M
63/100
4th
Logo for Wirepas
Wirepas
2010, Tampere (Finland), Series D
Provider of wireless connectivity software for industrial and commercial IoT deployments
$74.9M
62/100
5th
Logo for Rajant
Rajant
2001, Malvern (United States), Series B
Provider of industrial wireless mesh network solutions for various industries
$8.05M
61/100
6th
Logo for GBT
GBT
2009, Santa Monica (United States), Unfunded
Provider of private network platform for IoT devices connectivity
-
-
52/100
7th
Logo for GreenCom Networks
GreenCom Networks
2011, Munich (Germany), Acquired
Cloud & AI-based mesh networking management solutions provider
$17.8M
51/100
8th
Logo for Wyld Networks
Wyld Networks
2018, Cambridge (United Kingdom), Public
Developer of innovative wireless technology solutions
$495K
-
50/100
9th
Logo for Veniam
Veniam
2012, Mountain View (United States), Acquired
Intelligent networking platform enabling seamless data transfer for moving vehicles and IoT devices
$27M
50/100
10th
Logo for Silvus Technologies
Silvus Technologies
2004, Los Angeles (United States), Acquired
Innovating mobile networked MIMO wireless communication systems for critical applications
-
46/100
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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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