Soma Global, a Tampa, FL-based company which specializes in cloud-native public safety software solutions, received a majority investment from Greater Sam Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Chris Maloney, Soma Global provides public safety and government agencies with a software platform featuring unified ecosystem of pre-built applications, workflows, automations, and data interoperability to build safer, more resilient communities. Its enterprise platform includes four key suites – critical response, incident management, corrections, and administrative – that empower state and local organizations with the tools they need to better protect the communities they serve.
Commenting on the news, Chris Maloney said: “We are at the cusp of a new era in public safety solutions. This transaction, along with GSV’s acquisition of Utility, illustrates our shared commitment to advancing public safety technology. Our combined strengths, resources, and expertise set the stage for unprecedented innovation and service excellence. I look forward to working with this team to redefine what’s possible in serving our communities.”
FinSMEs
09/02/2024