The Future of Tower Infrastructure: Embracing IoT, Machine Learning, and Edge Computing
SOURCE: HTTPS://WWW.IOTFORALL.COM/
SEP 11, 2023
Andreessen Horowitz-backed Samsara confidentially files for U.S. IPO
SOURCE: REUTERS.COM
SEP 01, 2021
The Internet-of-Things company Samsara Inc, backed by venture capital firm Andreessen Horowitz, said on Wednesday it has confidentially submitted plans to regulators for a U.S. initial public offering (IPO).
Samsara provides sensors and other IoT solutions to manage vehicle fleets and industrial operations.
The company's plans for a public listing comes at a time when U.S. IPO markets have hit an oversupply issue after witnessing record levels of activity. Companies have been pushing back their IPOs while others, such as advertising tech company Teads, shelved their listing plans altogether.
Founded in 2015, Samsara serves more than 20,000 customers across transportation and logistics, food production, energy, construction as well as local and state governments.
The San Francisco-based company's other investors include General Catalyst, Tiger Global and Dragoneer. It was valued at $5.4 billion last year, Bloomberg News reported.
Samsara did not provide any other details on its IPO plans.
Reporting by Noor Zainab Hussain and Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri
LATEST NEWS
Advertising
Microsoft heralds a new age of AI ‘copilots’ across hardware, software — and advertising
SEP 22, 2023
Blockchain
How Web3 Gaming Is Transforming The Gaming Landscape Through P2E And In-Game Economies
SEP 22, 2023
Metaverse
L’Oréal Professionnel forays into the Metaverse, unlocking creative virtual hair styles
SEP 22, 2023
WHAT'S TRENDING
Artificial Intelligence
Some Writers are Using Artificial Intelligence to Generate Their Articles
OCT 16, 2022
SOURCE: HTTPS://WWW.IOTFORALL.COM/
SEP 11, 2023
SOURCE: HTTPS://WWW.IOTTECHNEWS.COM/
AUG 10, 2023
SOURCE: HTTPS://WWW.SCIENCEDAILY.COM/
AUG 11, 2023
SOURCE: HTTPS://WWW.SIMPLILEARN.COM/IOT-DEVICES-ARTICLE
JUL 12, 2023
SOURCE: HTTPS://AEON.CO/ESSAYS/HOW-THE-INTERNET-FLIPS-ELECTIONS-AND-ALTERS-OUR-THOUGHTS
JUN 02, 2023
SOURCE: ASIA.NIKKEI.COM
DEC 09, 2022