Memfault

IoT reliability platform

Memfault logo
21-100 employees
  • B2B
  • Internet of Things
  • SaaS
  • DevOps
  • Cloud Computing
SoMa, San Francisco, CA

Company mission

To empower teams to build more robust devices with software at scale.

Our take

Memfault is the first IoT reliability platform that empowers teams to build more robust devices with software at scale, optimizing teams’ productivity and boosting collaboration by transforming how developers build and operate IoT and edge devices.

The number of consumer edge-enabled IoT devices is expected to grow to almost 6.5 billion by 2030 (up from 4 billion in 2020). However, as IoT applications and embedded software continue to grow in complexity, Memfault’s platform is becoming an increasingly vital asset for developers wishing to unlock the advancement opportunities afforded to them by tapping into the market.

In 2025, the company was acquired by Nordic Semiconductor, marking a pivotal moment in its evolution. Now, part of a global leader in low-power wireless connectivity, Memfault is at the centre of a full-stack solution that brings hardware, software and cloud services together. As edge AI and security demands grow, this move strengthens Memfault's ability to support reliable, secure connected products at scale and shapes its role in the future of IoT.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • The salary range for this role is (110.000 - 187.000 USD). Exact salary is determined by skills, qualifications, and experience
  • We also offer an annual discretionary bonus and long-term incentive plan
  • Medical and Dental benefits. 100% employer-paid option for employees
  • Health Savings Account or Flexible Spending Account
  • Other voluntary benefits available, like disability and life insurance
  • 401 (k) with employer match
  • Generous family-friendly leave policies for vacation, personal time, sick time, and parental leave

Funding (last 2 of 4 rounds)

Jan 2023

$24m

SERIES B

Apr 2021

$8.5m

SERIES A

Total funding: $35.2m

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