Samsara secures major funding amid Covid-19 concerns

Fleet management company Samsara has raised $400 million from its latest round of fundraising to see its valuation now stand at $5.4 billion. 

The news was revealed at a company town hall event, where Samsara CEO Sanjit Biswas also discussed the recent300 layoffs that represent 18 per cent of the company’s workforce. 

Source Article