Jasper Wireless Has $40M Jangling in its Pockets

January 2, 2013

Jasper Wireless, the provider of a platform that enables network operators to service the Machine to Machine (M2M) market, has closed a $40 million round of later-stage venture funding. The new capital comes as the company’s first financing since 2010; that year, Jasper raised a $21 million Series D round in April, followed by $9.9 million in October. Previous investors include Benchmark Capital, Sequoia Capital, DAG Ventures, AllianceBernstein, Bridgescale Partners, Integral Capital Partners and Crescendo Ventures.

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