Relay, a Raleigh, NC-based provider of a cloud-based communications platform for frontline teams, raised $35M in Series B funding.
The round was led by G2 Venture Partners, with participation from existing investors including Wind River Ventures and Sovereign’s Capital.
The company intends to use the funds to accelerate its expansion into new markets and accelerate its product roadmap.
Led by CEO Chris Chuang, Relay is a cloud-based technology platform that helps frontline teams improve communications, increase employee safety, and improve their productivity. Relay helps frontline teams digitally transform their operations with the modern tools which supports actionable real-time data needed to track performance and improve their operations.
The Series B funding followed the recent launch of Relay’s new translation product in April 2024, TeamTranslate™, which uses AI to automatically detect and translate voice and text messages between team members into each user’s preferred language. In 2023, the company raised a $13M Series A funding round.
Commenting on the news, Chris Chuang said: “Our team is on a mission to unleash frontline productivity with our transformative breakthrough technology. Importantly, we are making these innovations accessible for the first time to traditionally disconnected frontline teams through the unique simplicity, reliability, and affordability of our solution. Relay enables frontline teams to seamlessly connect no matter where they are, what device they are using, or even what language they speak. And, we do all this in an affordable model through which businesses can see rapid time-to-value.”
FinSMEs
10/06/2024