Tech Company Financing Transactions
Somnoware Funding Round
On 4/16/2018, Somnoware raised $3.5 million in funding from private investors.
Transaction Overview
Company Name
Announced On
4/16/2018
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Proceeds Purpose
This new funding is expected to further fuel the company's rapid market expansion and enable development of key artificial intelligence (AI) technologies.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
5201 Great America Pkwy. 440
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Somnoware was founded in 2011 by a team lead by Subath Kamalasan, the company's CEO. An experienced entrepreneur with a background in computer science, Subath was managing multiple sleep centers when he realized that connecting health devices and providers would offer considerable benefit to the evolving field of sleep medicine.
Management Team
Title
Name
Email & Social
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