Memfault is the first IoT reliability platform, founded in 2018, that aims to enhance the development and operation of IoT and edge devices. The company's focus on device reliability engineering is evident in its comprehensive offerings, including performance monitoring, device debugging, and over-the-air (OTA) update capabilities. By supporting a range of devices from RTOS to Android and Linux, Memfault provides developers with flexibility and control over their connected product development and operations. The recent $24.00M Series B investment on 24 January 2023, led by Uncork Capital, 5G Open Innovation Lab, Partech Partners, and Stripes, underscores its growing significance in the Developer Tools, Information Technology, and SaaS industries. With a headquarter in the United States, Memfault is well-positioned to continue transforming IoT and edge device operations through its robust and scalable platform.
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