Y Combinator’s Garry Tan Goes to the MatRead more

cloud enterprise

Cloud Startup Samsara Raises $805 Million in IPO

Shares of Samsara, which sells hardware devices and cloud-based software for helping companies manage large fleets of vehicles, closed up more than 7% in their first day of trading after the six-year-old startup raised $805 million in its IPO. Samsara’s debut, while solid, seems a bit subdued for a cloud startup that has $500 million in subscription revenue and close to 70% annualized growth....

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