San Francisco, the U.S.A-based enabler of critical communications, Somewear Labs, raised USD 13.7 million in recent funding. The Series A round took place on September 22, 2022. A group of more than a dozen current and former Fortune 500 CEOs and legendary investors led the investment for the company.
David Dorman, former CEO of AT&T and former Chairman of Motorola; Egon Durban, Co-CEO of Silver Lake Partners; Sam Palmisano, former IBM CEO; Chuck Robbins, CEO of Cisco; and Scott Sandell, Managing Partner at NEA, chaired the Series A funding for Somewear Labs.
Besides, Jerry Yang, Co-Founder and former CEO of Yahoo; Taylor Glover, CEO of Turner Enterprises; Tom Noonan, Partner & Co-Founder of TechOperators; Lee Styslinger III, CEO of Altec Inc; Tom Ryan, Former CEO of CVS; George Still, ex-Managing General Partner at Norwest Ventures and Vice-Chairman at Workday, Geoff Yang, Founding Managing Partner at Redpoint Ventures; Doug Dillard, Managing Partner at Slewgrass Capital; David Brown, Harris Barton, Chris O’Donnell, Steve Burke’s Madison Valley Partners, Former CEO of NBCUniversal; and Knoll Ventures Fund II GP, LLC participated in the funding.
Existing investors such as Bling Capital and Matt Kraning also participated in the Series A round.
Purpose of funding for Somewear Labs
With the recent funding in the Series A round, Somewear Labs intends to expand its platform’s ability further.
It seeks to enable group communications in remote, denied, and austere operating environments.
What the CEO of the company has to say
Commenting on the recent funding, Somewear Labs CEO James Kubik said, “Our goal at Somewear has always been to save lives by providing reliable access to information, communications and safety in any environment. We’re thrilled to welcome this exceptionally experienced group of operators and partners who deeply understand how to rapidly scale and deliver cutting-edge technologies like ours to the world’s largest and most important organizations.”
What the investor has to say
David Dorman said, “Somewear has created a secure, feature-rich application platform with many potential use cases. Our investment group has significant operational expertise and deep investment experience in the communication technology domain. I am excited to be involved and look forward to working closely with the Somewear team on their efforts to build a successful business.”
About the company
In Jan 2017, founders Alan Besquin and James Kubik launched the company. The founders have had experience as engineers at Tesla, Apple and Intuit. The company has headquarters in San Francisco, U.S.A. Somewear Labs caters as a technology company built around a mission to keep people in touch, informed and safe in every environment.
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