[ TRANSACTION RECORD ]

TX-276

VERIFIED VECTOR ID: 002180 · tx-276
M SOURCE NODE — FUNDER
— No Funder Linked —
$250,000,000
EQUITY
14/03/2024
Q DESTINATION NODE — RECIPIENT
SPV United States
Amount (USD)
$250.0M
Flow Type
EQUITY
Transaction Date
14/03/2024
Primary Source
Funder Profile [ M ]
Entity
AUM
HQ Location
Sector
Recipient Profile [ Q ]
Entity Type SPV
Jurisdiction United States
Intelligence Note

Samsara Inc. reported a 250 million dollar strategic investment in its Connected Operations Cloud to enhance its IoT and AI-powered software for industrial and logistics customers. This transaction involves the development of new tools for safety and operational efficiency in physical business processes. The deal reflects the growing institutional demand for technology that digitizes operations.