Samsara Raising Money at $6 Billion Valuation

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Samsara Inc., one of the most highly valued venture-backed Internet-of-Things companies, is raising new capital at a valuation of about $6 billion, according to a person familiar with the situation.

Tiger Global Management, as well as existing investors Andreessen Horowitz and General Catalyst, are likely to participate in the round, the person said. The company is seeking to raise upward of $250 million, the person said.