Veego Software, a leader in producing actionable insights for a superior connected home customer experience, has raised $13 million in a Series A financing round led by Magenta Venture Partners.
Magenta Venture Partners focused on early-stage Israeli startups in the artificial intelligence (AI), IoT, and enterprise software domains.
The round also includes support from existing investors, State of Mind Ventures (SOMV), Robert Bosch Venture Capital GmbH, North First Ventures (N1V), Amdocs Ventures, as well as additional investors.
The Veego Data Platform optimizes the internet user experience in the connected home through the measurement of user engagements with web-based devices and services. The company provides visibility, scoring and assessments to rank the user’s quality of experience in the context of the service being consumed and its unique connectivity needs.