EVERYWHERE Communications Raises $6.1 Million, Led By Gemini Capital LLC
ANNAPOLIS, Md., Aug. 22, 2019 /PRNewswire-PRWeb/ -- EVERYWHERE Communications, the company that is redefining global safety and productivity solutions, today announced the close of its second capital raise. In total, the company has raised $6.1 million. Technology venture fund Gemini Capital LLC, founded by Dan Colussy, former chairman of Iridium Communications, led the round.
EVERYWHERE provides safety, security and productivity solutions for enterprise and government organizations with people and assets deployed globally. The capital will be used to fuel innovation and accelerate the company's growth, extending the reach of EVERYWHERE's connectivity solutions around the globe.
This second raise builds on an exceptional year for EVERYWHERE, which recently announced an agreement with Garmin to offer inReach devices as part of its always connected solutions platform. Purpose-built for enterprise and government customers, the EVERYWHERE platform enables organizations with people that are in and out of cellular coverage to track and communicate with their teams deployed around the globe. EVERYWHERE also announced that it has integrated GEOS Emergency Response global SOS, delivering the security and peace of mind that come from knowing that emergency response is just a push button away. Using Intelligent Routing, EVERYWHERE provides the vital communications link to save lives - no matter where in the world a user is deployed.
"Our success is a testament to our team, our technology, and our vision of providing global connectivity, even in the most remote regions of the world, to increase productivity and save lives," said Patrick Shay, founder and chief executive officer, EVERYWHERE Communications. "I am grateful to have attracted partners, investors and customers who share our vision, and who have enabled us to deploy our solutions to more than 20 countries around the globe."
80 percent of EVERYWHERE's initial investors executed a follow-on investment, and the company attracted several additional new investors.
"With our knowledge of the satellite industry and markets, we believe that EVERYWHERE's solutions and its leadership team have the potential to drive momentous change. We look forward to building on our history of growing companies in the satellite industry during a time where space technologies are being revitalized," said Colussy.
"We look to invest in expanding markets with experienced management teams that have demonstrated a track record of success," said William Elmore, managing partner, Handshake Ventures, and founder, Foundation Capital. "The EVERYWHERE team and its vision for connecting people and assets around the globe through its cloud business model meets these criteria. We look forward to helping them accelerate growth."
EVERYWHERE's fully integrated multi-mode communications solutions utilize the Iridium® satellite constellation, including the newly launched Iridium NEXT satellites, as well as Wi-Fi and cellular networks, to provide always-on connectivity globally, including the over 80 percent of the world beyond the reach of cellular service.
About EVERYWHERE Communications
Led by a team that has deployed $2B in connected and IoT services, EVERYWHERE Communications (http://www.everywherecomms.com) provides multi-mode cellular and satellite data communications, powered by patented technology that has been deployed in mission-critical environments for over 10 years. In or out of cellular coverage, we have you connected globally, EVERYWHERE. The company is headquartered in Annapolis, MD with a Portland, ME technology center.
SOURCE EVERYWHERE Communications
