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[Funding alert] FL-based Soma Global Secures a Majority Investment from Greater Sam Ventures

February 9, 2024
By
Startuprise io
FL-based Soma Global secures a majority investment from Greater Sam Ventures. The deal's total value was not made public.

FL-based Soma Global secures a majority investment from Greater Sam Ventures. The deal’s total value was not made public.

Read also – AZ-based Vensure Employer Solutions Acquired MarathonHR

The money will be used by the company to grow both its operations and its clientele.
Under the direction of CEO Chris Maloney, Soma Global offers government and public safety organisations a software platform with a unified ecosystem of pre-built apps, workflows, automations, and data interoperability to create communities that are safer and more resilient.

Read also – PA-based Formlogic Secures $20Million in Funding

The four main suites of its business platform—critical response, incident management, correctional, and administrative—give state and local organisations the capabilities they require to better safeguard the communities they serve.

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.”

About Soma Global

The top supplier of contemporary, cloud-native public safety solutions is SOMA Global. They are a group of seasoned professionals in technology and public safety who recognise the value of working together.

Read also – IL-based AArete Acquired Legerity

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