Sensor data app snags $100 million funding for new year

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Startup Beat

Samsara, a connected sensor data app that uses the Internet of Things (IoT) to keep customers and businesses integrated, has raised $100 million in funding just in time for the new year.

According to a blog post on the company site, Samsara will use the new investment to hire 1,000 more employees that can build new products and increase its artificial intelligence capability.

The company also said that it plans to expand on its offices in San Francisco, San Jose, and London, as well as open its first east coast office space in Atlanta that should house hundreds of additional workers.

The latest funding round was led by Andreessen Horowitz and General Catalyst for the company that has raised $130 million to date after being founded in 2015.

“We had a tremendous 2018, with revenue growth over 250%, multiple new products launched, international expansion, and a user base growing well past 5,000

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