Fenwick & West represented Samsara, which offers a complete hardware, software and cloud platform that brings IoT to operations of all sizes, in its $300 million round of funding from new investors Tiger Global and Dragoneer, along with existing investors Andreessen Horowitz and General Catalyst.
With this capital, Samsara will develop new products for their customers, expand into new geographical markets, and grow their team to continue delivering a great customer experience as they scale. Samsara’s growing suite of solutions includes vehicle telematics, driver safety, mobile workflow and compliance, asset tracking, and industrial process controls – all in an integrated, open, real-time platform. More information about the deal can be obtained from Samsara’s announcement.
The Fenwick transaction team included corporate partner Richard Dickson and associates Patrick Grilli and Jenna Hsieh.