Veniam provides an Intelligent Networking Platform that enables moving devices such as vehicles, drones, and industrial assets to use multiple wireless networks (cellular, Wi‑Fi, DSRC, LTE‑M, 5G) through a single SDK. The platform automatically selects, bonds, or aggregates links, supports mesh routing for extended coverage, and delivers encrypted data streams to cloud services with API integration, reducing data‑transfer costs for telematics and IoT workloads.
Funding
$22M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VVFounders
Product
Problem
Mobile and connected devices—such as vehicles, drones, and industrial assets—must transmit large volumes of sensor and video data while roaming across heterogeneous networks. Existing solutions rely on a single carrier or static links, leading to high data‑transfer costs, intermittent coverage, and limited scalability for AI‑driven services.
Solution
Veniam delivers an Intelligent Networking Platform that abstracts the underlying transport layer and lets any moving device use every available network (cellular, Wi‑Fi, DSRC, LTE‑M, 5G) through a single SDK. The platform continuously evaluates link quality, latency, and cost, then automatically switches or aggregates connections to maintain optimal throughput. Integrated mesh networking enables devices to relay traffic through neighboring nodes, extending coverage beyond traditional cell towers. All payloads are encrypted end‑to‑end and routed through Veniam’s cloud services, where a scalable data‑pipeline aggregates, buffers, and forwards streams to customer back‑ends via standard APIs. Developers can embed the SDK with a few lines of code, configure policies through a web console, and monitor device health with real‑time telemetry. This approach reduces per‑gigabyte costs by up to tenfold while supporting video telematics, fleet logistics, and industrial IoT workloads at global scale.
Target Audience
Primary customers are automotive OEMs, Tier‑1 suppliers, and fleet operators building connected‑vehicle or video‑telematics solutions, as well as industrial IoT providers that require reliable, low‑cost data transfer for mobile assets.
Features
- Multi‑radio SDK with automatic network selection, bonding, and failover across cellular, Wi‑Fi, DSRC, LTE‑M, and 5G.
- Vehicle‑to‑vehicle mesh routing that creates ad‑hoc backhaul links to extend coverage and improve resilience.
- End‑to‑end TLS encryption and role‑based access controls for secure data transport.
- Cloud‑native data pipeline offering QoS‑aware buffering, protocol translation, and REST/WebSocket APIs for seamless integration.
- Centralized device management console with OTA firmware updates, remote diagnostics, and usage analytics.
- Scalable pricing model based on data volume and active node count, enabling pay‑as‑you‑go consumption.
- SDK support for C++, Java, and Python, with pre‑built libraries for Android and embedded Linux.