IoT Startup PubNub Closes $23 Million in Series D Funding
April 17, 2019
5:21 pm
![IoT Startup PubNub Closes $23 Million in Series D Funding](https://i0.wp.com/newscenter.io/wp-content/uploads/2019/04/Screen-Shot-2019-04-19-at-5.03.34-PM.png?fit=793%2C498&ssl=1)
Credit: pubnub.com
PubNub, the company behind the real-time Data Stream Network, secured $23 million in Series D funding led by strategic investor Hewlett Packard Enterprise. With full participation from all existing investors, this round brings the company’s total funding amount to $70 million. Jai Das, president and managing director of Sapphire Ventures, also joins the PubNub board of directors.
According to the company, PubNub’s real-time messaging and edge computer platform is used by thousands of companies. It plans to use the new funding to accelerate the company’s growth internationally, especially in emerging markets.