SaaS IoT Startup emnify Closes Series A Round and is Now Funded With 20 Million Euro


  • 8 million euro Series A financing round from existing investors
  • Investment to boost international growth and expansion
  • Webscale cellular connectivity integration roll out with Amazon, Microsoft and Google

emnify, one of the world's fastest growing SaaS companies in the IoT sector, has announced the finalization of a Series A financing of 8 million euro today. Most of the investment was committed by emnify's existing shareholders, many of them with a technology background. As a result, the tech startup based in Berlin and Würzburg has now been financed with a total of 20 million euro since 2015.

emnify operates with a rapid growth business model and has a high level of customer loyalty with a Net Dollar Retention (NDR) rate well above 140 percent. The technology is available in more than 180 countries. Customers worldwide trust emnify's SaaS solution to securely operate their IoT data networks. emnify's technology is used across a wide range of industries in many different ways. It is for example an important building block for the shared mobility sector. emnify has a worldwide customer base exceeding 1,000 and is enabling some of the world's fastest growing IoT Communication Service Providers such as 1nce, BICS and Telecom Liechtenstein.

The current funding will support emnify's international sales and marketing expansion activities as part of the global roll out of its cloud native cellular connectivity integration with Amazon AWS, Microsoft Azure and Google Compute Engine, among others. More details will be announced at the IoT Solutions World Congress in Barcelona October 29-31.

Frank Stöcker, CEO and Co-Founder of emnify, stated: "emnify is experiencing very strong growth and with the fresh capital we want to accelerate this trend by taking the necessary investments to further expand our sales and marketing activities to execute our go-to-market strategy." 

emnify Chairman of the Board, Lars Singbartl, stated: "This new financing round demonstrates the confidence investors have in the emnify team and business model. Most of the investors themselves are in the technology sector. They recognized emnify's great potential early on and are now enabling further scaling with their investment."


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About emnify

emnify is the leading cloud building block for cellular communications in the IoT stack, connecting millions of IoT devices globally – from electric vehicles to energy meters, alarm systems to GPS trackers, thermometers to health wearables. The emnify API and SIM technology connect and secure any kind of IoT deployment to its application back-end. emnify’s cloud-native integrations and no-code workflows ensure seamless lifecycle scalability for deployments of all sizes – from local start-up to global enterprise. The award-winning emnify IoT SuperNetwork is the largest globally distributed mobile cloud core network of its kind, supporting local network access (2G – 5G, LTE-M, NB-IoT and soon satellite) in over 180 countries from more than 25 cloud regions – and counting. emnify’s solution is built on partnerships with the leading hyperscale cloud service providers, system integrators, and hundreds of radio network operators worldwide.

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Image for post EMnify connects to SFMIX to cater with increasing M2M/IoT data volumes

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 ( 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