Veniam Funding & Investors

Mountain View, CA

Veniam is a technology startup focused on building large WiFi mesh networks using moving vehicles like city buses or taxis. The company is headquartered in Mountain View, California and was founded in 2012. The Company received 4.9 million dollars in 2014 in a funding round from True Ventures, USV and Cane Investments. Veniam's technology is being used in Porto's city buses with about 230,000 users with onboard units (OBUs) installed on over 600 buses, taxis and garbage trucks. They aim to equip many moving things with wireless hotspots creating a mesh that could be used to build sensors to turn the city smarter.Each vehicle is equipped with a NetRider, a multi network unit with Wi-Fi (802.11p), DSRC, GPS and 4G/LTE connectivity.