United States · 
Who invested in Device42?
Device42's investors include Connecticut Innovations, Angel Invest and Alpine Meridian.
20152016201720182019
$3.5MSeed$1.0MRound$34MSeries A
United States · Series A startup
Who invested in Device42
Funding summaryUpdated 26 Oct 2026
$39Mraised across 3 rounds since 2014, from 3 sources
$3.5MSeed$1.0MRound$34MSeries A
- Latest round
- Series A, $34MMar 2019
- Step-upi
- 34×
- Investors
- 3
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $3.5M Dec 2014
- Biggest round
- $34M Series A · Mar 2019
- Between rounds
- 4.2 years from the last two
The rounds
- Mar 2019
- Jan 2015Round$1.0M1 new
From a historical funding recordSEC filing: $3.5M sold, first sale Dec 2014
- Dec 2014Seed$3.5M1 new
From a historical funding recordSEC filing: $3.5M sold, first sale Dec 2014
Founders and team
From Device42's own website and the SEC filings it signed: 1 founder, 6 on the team.
Raj JalanFounder & CEO
- Andrew WhartonChief Technology Officer
- Eric ShoemakerChief Revenue Officer
- Yama HabibzaiChief Marketing Officer
- Mark HollandVP of Customer Success
- Rajneesh JalanExecutive Officer, Directori
- Steven P. ShwartzExecutive Officer, Directori
On the board, as filediChris P. PennerJohn P. Kole
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Device42
How much has Device42 raised?
Device42 has raised $39M across 3 rounds since 2014.
When did Device42 last raise?
Device42's most recent round was a Series A of $34M in Mar 2019.
What was Device42's biggest round?
Its most recent round, $34M in Mar 2019, is also its largest on record.
Who backed Device42 first?
Device42's first round on record, in Dec 2014, was backed by Alpine Meridian.
What stage is Device42 at?
Device42's latest named round is a Series A, in Mar 2019.
Where is Device42 based?
Device42 is based in the United States.
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