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Sonim Raises $37 Million in Capital to Extend Leadership in Ultra Rugged Phones

One year ago   |   By VentureBeat

PRESS RELEASE:
Through its operating subsidiaries, B. Riley Financial, Inc.'s investment ensures Sonim can scale to meet increased demand from the public safety sector and support growth initiatives for ruggedized Internet of Things and advanced AI capabilities
SAN FRANCISCO--December 5, 2017-
Sonim Technologies , maker of the world's toughest cell phones, today announced it has raised $37 million in capital from B. Riley Financial, Inc., a diversified financial services company, through its operating subsidiaries B. Riley FBR, Inc. and B. Riley Principal Investments, LLC. The funding...
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