Samsara has confidentially filed a draft public offering with the US Securities and Exchange Commission. Another company from the portfolio of the Global Technologies Private Portfolio goes public. The number of shares and the price range have not yet been determined. The Commission is now considering the application.
Samsara is a leader in the Industrial Internet of Things. The company has more than 20 thousand clients from the fields of logistics, industrial production, construction, etc. Samsara is ranked 19th in the Forbes Cloud 100 list.
In the final round in May 2020, the company was valued at $5.4 billion. The round was led by Andreessen Horowitz, Dragoneer Investment Group and Tiger Global Management.
Global Technologies Private Portfolio clients purchased Samsara shares in October 2020.