Expeto

About

Expeto’s NeXtworkingTM solution is the world’s leading Enterprise Private Mobile Networking (PMN) platform.

San Francisco,California,United States
11 - 50
http://www.expeto.io/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $12M
Industries: Information Services,Information Technology
Founded date: Jan 1, 2015
Number Of Employee: 11 - 50
Operating Status: Active

Expeto is the world’s first and market leading “carrier-grade” Private Mobile Networking (PMN) platform that allows enterprises to confidently extend public and private mobile networks as one secure corporate WAN without losing control of their data or devices. Unlike hardware-heavy legacy solutions, Expeto is a containerized, software solution purpose-built to install behind the firewall, from the cloud, at the edge, or on prem. Affordably offered “as-a-service” and easily managed by IT, Expeto is as easy to deploy and manage as a Wi-Fi network.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$25.90M

Expeto has raised a total of $25.90M in funding over 2 rounds. Their latest funding was raised on Dec 5, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 5, 2022	Series B	$12M	6	Sorenson Capital	—	Detail
Apr 12, 2021	Series A	$10M	4	—	—	Detail
Apr 12, 2021	Convertable Note	—	1	BDC Venture Capital	—	Detail
Mar 6, 2020	Series A	—	1	—	—	Detail
Sep 14, 2018	Series A	$3.90M	3	Lavrock Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

8

Expeto is funded by 8 investors. Sorenson Capital and Momenta are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sorenson Capital	Yes	Series B
Momenta	Yes	Seed
5G Open Innovation Lab	—	Series B
Evok Innovations	—	Series B
Lavrock Ventures	—	Series B
Mistral Venture Partners	—	Series B
Samsung NEXT	—	Series B
BDC Venture Capital	—	Series A