On May 15, 2020, Samsara Networks Inc. closed the transaction. The company amended and has received $700,000,000 in its series F round of funding. The round was raised at post-money valuation of $5,400,000,000.
The company received $400,000,000 in second and final tranche from new investors AllianceBernstein Holding L.P., General Atlantic Service Company, L.P., Franklin Resources, Inc., Warburg Pincus LLC along with Andreessen Horowitz LLC, General Catalyst Partners, Dragoneer Investment Group, LLC, Sands Capital Management, LLC, and Tiger Global Management LLC. The company raised $699,999,930 pursuant to exemption provided under Regulation D from 28 investors. The company has raised $930,000,000 in funding till date.