Cellular Iot Connectivity Provider Emnify Raises $57M (€50M) In Series B Funding From One Peak
Amount Raised
€57 Million
Round Type
Series B
BerlinHardwareInternet ServicesDescription
EMnify, the leading cloud-based platform for cellular connectivity in the modern Internet of Things (IoT) stack, today announces a $57 million Series B investment from London-based growth investor One Peak. The Berlin-based company will use the new capital to accelerate its global market expansion, with a particular focus on the US, and to further develop and optimize its proprietary industry leading cellular IoT technology. Capitalizing on its growth momentum to date, the company plans to further expand its leadership team and double its headcount in 2022 by hiring the best global talent, with a focus on the technology and go-to-market functions in the DACH region and North America.
Quick answer
EMnify raised €57 Million in a Series B round, dated January 20, 2022. EMnify is based in Berlin, Berlin, Germany.
- How much did EMnify raise?
- EMnify raised €57 Million in a Series B round on January 20, 2022.
- What does EMnify do?
- emnify is the leading cloud building block for cellular communications in the IoT stack, connecting millions of IoT devices globally – from electric vehicles to energy meters, alarm systems to GPS trackers, thermometers..
- Where is EMnify based and how big is it?
- EMnify is based in Berlin, Berlin, Germany. Fundz records about 51 employees.
- Who are the decision-makers at EMnify?
- Fundz holds 2 contacts at EMnify. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Internet Services around the same time
Companies in the same sectors as EMnify that raised within 45 days of this round, from Fundz verified event records.
- Pocket FM raised $65M (Funding Round) on March 3, 2022.
- Space Age Labs raised $1.3M (Seed) on March 1, 2022.
- Tag N Trac raised $10M (Series A) on January 25, 2022.
- Sierra Wireless raised an undisclosed amount (Debt Financing) on January 20, 2022.
- Cosmic Guild raised $1.5M (Seed) on December 23, 2021.
- Pocket FM raised $22M (Series B) on December 6, 2021.
Who to call at EMnify, and when
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- An alert the day EMnify raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at EMnify, from your own LinkedIn network
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Funding Insights
What this usually meansEMnify raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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