Sonim Technologies Receives $9,000,000 Series D Round

  • Feed Type
  • Date
    5/19/2010
  • Company Name
    Sonim Technologies
  • Mailing Address
    1875 S. Grant Street San Mateo, CA 94402
  • Company Description
    Sonim Technologies enables today’s GSM and CDMA wireless data networks to deliver high-margin voice services.
  • Website
    http://www.sonimtech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The financing will be used to expand sales and marketing efforts globally while accelerating the development of three new phone models that will be announced in 2010.
  • M&A Terms
  • Venture Investor
    Waveland Venture Partners
  • Venture Investor
    Bertelsman Ventures (BV)
  • Venture Investor
    Accel Partners