Memfault

About Memfault

Memfault is an embedded observability platform focused on IoT monitoring, firmware debugging, and OTA updates. It aims to help companies quickly identify and resolve device issues before customers notice, improving satisfaction, reducing service costs, and meeting uptime targets. The platform monitors every device, from BLE sensors to ethernet cameras, enabling fast fault resolution and firmware updates.

Products & Services

Performance Monitoring:Real-time fleet monitoring and automated alerts to detect issues immediately and protect customer experience.

Debugging and Diagnostics:Automatic collection of coredumps, bug reports, logs, and metrics to fix issues remotely without returns or site visits.

OTA Firmware Updates:Manage, deploy, and monitor software updates with real-time performance visibility and staged rollouts to minimize risk.

Log Management & Analytics:Tools for managing and analyzing logs to improve device reliability and performance.

Product Analytics:Monitor and analyze device health, firmware quality, and feature performance with real-world data.

Specialties

Embedded Observability IoT Monitoring Firmware Debugging OTA Updates Device Performance Analytics

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B T: - FT: Series B	A: 24000000 MR: - FA: $24 million FAN: 24000000	D: 2023-01-24 FD: 2023-01-24	4 investors

Series B Latest

2023-01-24

$24.0M

4 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

K

Kjetil Holstad

Executive Vice President Strategy and Product Management

L

Luke Johnston

Director of Business Development

B

Brendon Slade

Director of MCU Tools and Ecosystem, Edge Processing

J

Jonathan Beri

CEO

J

Jonathan Kaye

Senior Product Director

L

Luka Mustafa

Founder & CEO

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Recent News

Memfault Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised