Memfault raises $24mn in series B funding to charge its IoT reliability platform

Memfault, a provider of the IoT reliability platform, has announced $24 million (€22.05 million) Series B funding round. The round was led by Stripes with additional participation from existing investors Partech Partners and Uncork Capital as well as the 5G Open Innovation Lab. The funding will support the company’s product roadmap and partner development, and

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Infineon, Memfault partner to improve IoT development and in-field iteration for more reliable devices

MUNICH, Germany, 15 November 2022 – Memfault, the provider of the IoT reliability platform, and Infineon have announced a partnership to extend the productivity of developers using Infineon products with the ModusToolbox. The partnership offers developers working on Infineon ARM-based microprocessors the diagnostic capabilities, device observability, and remote updating of the Memfault platform.

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