Seal Innovation, Inc., a Raleigh, NC-based wearable technology startup commercializing a swim safety monitor, raised nearly $2m in Series B financing.
In addition to the funding, seasoned business and aquatics leaders Jan Davis and David Fox have joined its board of directors.
The company intends to use the capital to accelerate geographic, market segment and product line expansion.
Led by Dr. Graham Snyder, co-founder and Chief Executive Officer, Seal Innovation provides SEAL SwimSafe™, a wearable band that enhances swimmers of all ages safety and performance.
It detects distresses and launches an intensity visible, audible, and vibrating alarm alerting guards and guardians to the danger so that a rescue can begin.
FinSMEs
30/06/2014