Somnoware Receives $9,000,000 Series A Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79804433-43a2-461a-9794-8e5ec6184a58 - Date
5/6/2016 - Company Name
Somnoware - Mailing Address
11325 North Community House Road Charlotte, NC 28277 USA - Company Description
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. - Website
http://www.somnoware.com - Transaction Type
Venture Equity - Transaction Amount
$9,000,000 - Transaction Round
Series A - Proceeds Purposes
The investment will be used by Somnoware to further fulfill its mission to connect, organize and analyze clinical sleep information enabling our customers to better manage sleep apnea, lower costs and improve patient outcomes. - M&A Terms
- Venture Investor
Translink Capital - Venture Investor
World Innovation Lab
