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Verizon, Cisco, Orange Behind IoT Startup Veniam’s $22 Million Series B Funding

February 15, 2016

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Internet-of-Things(IoT) startup Veniam announced a $22 million Series B round led by Verizon Ventures with new investors Cisco Investments, Orange Digital Ventures, and Yamaha Motor Ventures.

Veniam provides mesh network for automobiles to address the growing challenges of rapid urbanization by deploying a new kind of wireless Internet infrastructure that alleviates the digital divide, generates valuable data and improves city life.

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