Overview
Samsara Inc. is an American IoT company headquartered in San Francisco, California. The company has additional offices in San Jose, California, Atlanta, Amsterdam, London, Paris, Munich, Warsaw, and Mexico City. Samsara develops a connected operations platform for tracking fleets of vehicles and other equipment. To date, the company has raised $930 million in funding.
History
Co-founders Sanjit Biswas and John Bicket met while graduate students at the Massachusetts Institute of Technology. The pair founded Samsara in 2015 after selling their previous startup, Meraki, to Cisco Systems in 2012. Samsara was initially created to provide wireless sensors, and Andreessen Horowitz became a Series A round early investor.
Samsara achieved unicorn status in March 2018 after a funding round led to a valuation of over $1B. Another funding round later that year rose the valuation to $3.6B backed by Andreessen Horowitz and General Catalyst. Samsara expanded internationally and opened an office in London in 2018, which expanded into its European headquarters in 2019. Samsara also expanded their footprint domestically into Midtown Atlanta with a new east coast office location. A Series F funding round saw Samsara's valuation rise to $6.3B with Tiger Global Management and Dragoneer Investment Group joining for the first time.
Samsara was impacted during the COVID-19 pandemic which resulted in a reduction to their staff.
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