emnify Raises $57M (€50M) in Series B Funding from One Peak
emnify receives $57 million investment from London-based growth fund One Peak as sole investor. Capital will accelerate emnify’s global expansion and push forward the development of its proprietary borderless cellular IoT technology. The company plans to double its headcount in 2022 to supercharge growth. BERLIN, January 20th, 2022 – emnify, the leading cloud-based platform for cellular connectivity in the modern Internet of Things (IoT) stack, today announces a $57 million Series B investment from London-based growth investor One Peak. The Berlin-based company will use the new capital to accelerate its global market expansion, with a particular focus on the US, and to further develop and optimize its proprietary industry leading cellular IoT technology. Capitalizing on its growth momentum to date, the company plans to further expand its leadership team and double its headcount in 2022 by hiring the best global talent, with a focus on the technology and go-to-market functions in the DACH region and North America.
emnify Wins 2021 IoT Breakthrough Award
Annual IoT Breakthrough Awards Program Recognizes Standout Internet-of-Things Companies and Products
emnify connects to SFMIX to cater with increasing M2M/IoT data volumes
emnify, the leading provider of cloud services enabling the Internet of Things, announced today to start peering at the San Francisco Metropolitan Internet Exchange (SFMIX). The SFMIX is a carrier-neutral Internet Exchange based within the “Silicon Valley” region of California to promote local data exchange. “We see a great increase of data traffic from mobile M2M/IoT devices connected through our globally distributed mobile packet core towards popular cloud providers and M2M applications in the San Francisco Bay Area. To provide lowest possible latency and best quality of service we have now implemented IPv4/6 peering capability at the SFMIX on Gigabit scale.”, said Martin Giess (CTO). Vishesh Joshi (Product Manager, SDN & NFV) added: “All participants of the SFMIX (http://sfmix.org/participants) will be able to benefit from the best connectivity to mobile devices roaming into the bay area, based on our unique SDN technology we are able to dynamically route mobile data traffic on a global scale while making use of local breakouts like the SFMIX”. About emnify emnify addresses with its cloud services exclusively the rapidly expanding global machine-to-machine (M2M) communications market and enables the Internet of Things (IoT) Eco System with Cellular Connectivity and Management Tools to connect and control devices – simple, efficient and secure. If you have questions about our services or you are looking for reliable and secure mobile connectivity for your M2M/IoT devices please contact us by email at email@example.com