Sonim Technologies Completes $9M Round

Sonim Technologies, a San Mateo, CA-based provider of submersible, ruggedized mobile phones designed and engineered specifically for people who work and play in extreme conditions, completed a $9m Series “4” financing.
The round was lead by Verdoso Industry and Waveland Capital Groups, with participation from existing investors.
The financing will be used to expand sales and marketing efforts globally while accelerating the development of three new phone models, which will be announced during 2010.
In conjunction with the funding, Franck Ullmann from Verdoso, John Allen from Arc Associates and John Giere, Senior Vice President, Product and Marketing at Openwave, will join the company’s board. 
In addition, Richard Long has joined Sonim as Chief Financial Officer.
FinSMEs
19/05/2010

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