Memfault Raises $8.5M in Series A Funding
Summary
Memfault, a San Francisco, CA-based provider a cloud-native platform for connected device monitoring, updating, and debugging, raised $8.5m in Series A funding. The company intends to use the funds to scale its engineering team and make investments across product development and marketing. Launched in 2018 with a founding team of embedded engineers from Pebble, Fitbit, and Oculus and led by François Baldassari, CEO, Memfault provides a cloud-based firmware observability platform that wants to reduce engineering and support overhead by enabling teams to deploy OTA firmware updates, automatically capture and remotely debug issues, and continuously monitor fleets of connected devices at scale. Its SDK can be deployed on any connected device to capture data and send it to the cloud for analysis. The company will soon be releasing a self-service version of the Memfault platform to streamline integration for developers.
Funding
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