Tech Company Financing Transactions
Relay Funding Round
On 6/10/2024, Relay raised $35 million in Series B funding from G2VP, Sovereign's Capital and Wind River Ventures.
Transaction Overview
Company Name
Announced On
6/10/2024
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its expansion into new markets and accelerate its product roadmap.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
4200 Six Forks Road 1800
Raleigh, NC 27609
USA
Raleigh, NC 27609
USA
Phone
Undisclosed
Website
Email Address
Overview
Software powers the workforce...except for 55 million members who aren't given access to a communication tool or rely on a walkie-talkie. This subset of the workforce is often completely disconnected - not only from one another, but from critical information that could improve their efficiency and positively impact the bottom line of the companies that employ them.
Management Team
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