Momenta Ventures invests in Continual
November 18, 2019
New partnership will help guide Continual?s strategy and growth in Connected Car and IoT markets.
Caesarea, Israel—29 October, 2019—Continual, a leading provider of Connected Car and subscriber Mobility Experience Analytics, today announced that it has recently secured an investment from Momenta Ventures, a venture capitalist firm whose Digital Industry Fund specializes in investing in and guiding IoT companies to help achieve lean, smart and sustained growth.
"Continual offers a unique value proposition for network operators and providers of mobility solutions by offering actionable insights to optimize connectivity experience along transportation networks,”, said Ben Steven, Associate Partner of Momenta Ventures. “It is a key enabling technology, not only for the Connected Car but also for the IoT, Media and other mobile device applications."
"We are delighted to have Momenta join our investor community," said Greg Snipper, CEO of Continual. "There are many synergies between us in advanced automotive capabilities and telecommunication technologies, which serve to reinforce the value of this partnership."