Israeli network solving startup indeni has raised $10 million from Sequoia Capital, iAngels, and CIRtech. The funds will support indeni’s aggressive plan to enable its enterprise customer base, invest in sales and marketing, and create category-defining technology for mission critical devices.
“The network has become more complex with introduction of IoT and smart devices.” said Haim Sadger, General Partner at Sequoia Capital. “Companies that are enabling Enterprises to solve complex challenges, such as keeping a network up and running, leveraging machine learning and crowd-sourcing are the best investment opportunities right now, and indeni is a stand out technology in this category.”
Founded in 2010 by CEO Yoni Leitersdorf, the company has offices in San Francisco and Palo Alto. Its R&D center in Tel Aviv.