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Samsara raises $40M in Series C growth financing

New funding will expand R&D investments and accelerate company’s faster-than-market growth trajectory, according to Samsara.

Samsara announced $40 million in Series C financing led by General Catalyst, with participation from existing investor Andreessen Horowitz and Samsara’s founders. The round valued Samsara at over $530 million as the company’s revenues grow in excess of 250% annually.

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Samsara raises $40M in Series C growth financing

New funding will expand R&D investments and accelerate company’s faster-than-market growth trajectory, according to Samsara.

Samsara announced $40 million in Series C financing led by General Catalyst, with participation from existing investor Andreessen Horowitz and Samsara’s founders. The round valued Samsara at over $530 million as the company’s revenues grow in excess of 250% annually.

read more

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