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'''Samsara Inc.''' is an American [[internet of things]] company headquartered in [[San Francisco, California]]. It provides hardware and software for connected operations.
'''Samsara Inc.''' is an American [[internet of things]] company headquartered in [[San Francisco, California]]. It provides hardware and software for connected operations.


== Creatation and start-up ==
== Creation and start-up ==
Co-founders [[Sanjit Biswas]] and [[John Bicket]] met while graduate students at the [[Massachusetts Institute of Technology]].<ref name='wpmeet'>{{Cite news |last=McFarland |first=Matt |date=May 19, 2015 |title=Meet Samsara, a start-up planning to disrupt the sensor business |url=https://www.washingtonpost.com/news/innovations/wp/2015/05/19/meet-samsara-a-start-up-planning-to-disrupt-the-sensor-business/ |newspaper=[[The Washington Post]] |location=[[Washington, D.C.]] |accessdate=September 16, 2021}}</ref> The pair founded Samsara in early-2015 after selling their previous startup, [[Cisco Meraki|Meraki]], to [[Cisco Systems]] in late-2012.<ref name='wpmeet'/><ref>{{Cite web |url=https://techcrunch.com/2012/11/18/cisco-acquires-enterprise-wi-fi-startup-meraki-for-1-2-billion-in-cash/ |title=Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 Billion In Cash |last=Constine |first=Josh |date=November 18, 2012 |website=[[TechCrunch]] |accessdate=September 16, 2021}}</ref> Samsara was initially created to provide wireless sensors and [[Andreessen Horowitz]] became a [[Series A round]] early investor.<ref>{{Cite journal |last=Hall |first=Gina |date=May 19, 2015 |title=Wireless sensor startup Samsara raised Series A from Andreessen Horowitz |url=https://www.bizjournals.com/sanjose/blog/techflash/2015/05/wireless-sensor-startup-samsara-raised-series-a.html |magazine=[[Silicon Valley Business Journal]] |accessdate=September 16, 2021}}</ref>
Co-founders [[Sanjit Biswas]] and [[John Bicket]] met while graduate students at the [[Massachusetts Institute of Technology]].<ref name='wpmeet'>{{Cite news |last=McFarland |first=Matt |date=May 19, 2015 |title=Meet Samsara, a start-up planning to disrupt the sensor business |url=https://www.washingtonpost.com/news/innovations/wp/2015/05/19/meet-samsara-a-start-up-planning-to-disrupt-the-sensor-business/ |newspaper=[[The Washington Post]] |location=[[Washington, D.C.]] |accessdate=September 16, 2021}}</ref> The pair founded Samsara in early-2015 after selling their previous startup, [[Cisco Meraki|Meraki]], to [[Cisco Systems]] in late-2012.<ref name='wpmeet'/><ref>{{Cite web |url=https://techcrunch.com/2012/11/18/cisco-acquires-enterprise-wi-fi-startup-meraki-for-1-2-billion-in-cash/ |title=Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 Billion In Cash |last=Constine |first=Josh |date=November 18, 2012 |website=[[TechCrunch]] |accessdate=September 16, 2021}}</ref> Samsara was initially created to provide wireless sensors and [[Andreessen Horowitz]] became a [[Series A round]] early investor.<ref>{{Cite journal |last=Hall |first=Gina |date=May 19, 2015 |title=Wireless sensor startup Samsara raised Series A from Andreessen Horowitz |url=https://www.bizjournals.com/sanjose/blog/techflash/2015/05/wireless-sensor-startup-samsara-raised-series-a.html |magazine=[[Silicon Valley Business Journal]] |accessdate=September 16, 2021}}</ref>


Revision as of 16:49, 3 November 2021

Samsara Inc.
Company typePrivate
IndustryInternet of things
Founded2015; 10 years ago (2015)
FoundersSanjit Biswas and John Bicket
Headquarters
San Francisco, California
,
United States
Websitewww.samsara.com

Samsara Inc. is an American internet of things company headquartered in San Francisco, California. It provides hardware and software for connected operations.

Creation and start-up

Co-founders Sanjit Biswas and John Bicket met while graduate students at the Massachusetts Institute of Technology.[1] The pair founded Samsara in early-2015 after selling their previous startup, Meraki, to Cisco Systems in late-2012.[1][2] Samsara was initially created to provide wireless sensors and Andreessen Horowitz became a Series A round early investor.[3]

Growth and expansion

Samsara achieved Unicorn-status in March 2018 after a funding round led to a valuation of over $1B.[4][5] Another funding round later that year rose the valuation to $3.6B backed by Andreessen Horowitz and General Catalyst.[6] Samsara expanded internationally and opened an office in London in 2018, which expanded into its European headquarters in 2019.[7] Samsara also expanded their footprint domestically into Midtown Atlanta with a new east coast office location.[8] 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.[9]

COVID impact and IPO plans

Samsara was impacted during the COVID-19 pandemic which resulted in a reduction to their staff.[10][11] It was reported in September 2021 that Samsara had filed their Form S-1 for a proposed initial public offering.[12]

References

  1. ^ a b McFarland, Matt (May 19, 2015). "Meet Samsara, a start-up planning to disrupt the sensor business". The Washington Post. Washington, D.C. Retrieved September 16, 2021.
  2. ^ Constine, Josh (November 18, 2012). "Cisco Acquires Enterprise Wi-Fi Startup Meraki For $1.2 Billion In Cash". TechCrunch. Retrieved September 16, 2021.
  3. ^ Hall, Gina (May 19, 2015). "Wireless sensor startup Samsara raised Series A from Andreessen Horowitz". Silicon Valley Business Journal. Retrieved September 16, 2021.
  4. ^ "The Complete List Of Unicorn Companies". CB Insights. Retrieved September 16, 2021.
  5. ^ "Prime Unicorn Index - Samsara, Inc" (PDF). vcexperts.com. Retrieved September 16, 2021.
  6. ^ "Exclusive: Enterprise Sensor Startup Samsara to Raise $100 Million at $3.6 Billion Valuation". Cheddar. December 28, 2018. Retrieved September 16, 2021.
  7. ^ Wallace, Tim (October 17, 2019). "Samsara opens London headquarters". motortransport.co.uk. Retrieved September 17, 2021.
  8. ^ Vega, Muriel (February 13, 2019). "LOGISTICS IOT UNICORN SAMSARA GROWS FIRST EAST COAST OFFICE IN MIDTOWN ATLANTA". hypepotamus.com. Retrieved September 16, 2021.
  9. ^ Brier, Elisabeth (September 10, 2019). "Samsara Founders Sanjit Biswas And John Bicket Are Now Billionaires Thanks To The Industrial Internet-of-Things Startup's Latest Funding Round". Forbes. Retrieved September 16, 2021.
  10. ^ "What Shipping & Logistics Volatility Means For Samsara And Its Peers". CB Insights. July 16, 2020. Retrieved September 16, 2021.
  11. ^ Baker, Linda (May 20, 2020). "Samsara lays off 18% of workforce". freightwaves.com. Retrieved September 17, 2021.
  12. ^ "Fleet Telematics Provider Samsara Confidentially Files For IPO". Yahoo! Finance. September 1, 2021. Retrieved September 16, 2021.
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