Tech Company Financing Transactions
Sonim Technologies Funding Round
On 12/6/2017, Sonim Technologies secured $37 million in funding from B. Riley Financial.
Transaction Overview
Company Name
Announced On
12/6/2017
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$37,000,000
Round
Undisclosed
Investors
B. Riley Financial (Bryant Riley)
Proceeds Purpose
The proceeds of the financing will be used in part to fund several growth opportunities, including its public safety platform that will provide devices to first responders and in part to repurchase stock from existing stockholders.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
1825 S. Grant St. 750
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Overview
Sonim Technologies enables today's GSM and CDMA wireless data networks to deliver high-margin voice services.
Management Team
Title
Name
Email & Social
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