Memfault secures $24M to help companies manage their expanding IoT device fleets

Image Credit: Techcrunch
  • Memfault has raised $24M to assist companies in managing their growing IoT device fleets.
  • As IoT devices and embedded software become more complex, manufacturers are searching for ways to effectively manage their edge hardware.
  • According to Statista, the number of consumer edge-enabled IoT devices is expected to reach 6.5 billion by 2030, up from 4 billion in the present.