Tech Company Financing Transactions
CalmWave Funding Round
CalmWave, based in Seattle, secured $4 million from Bonfire Ventures, AI2 Incubator and Hike Ventures.
Transaction Overview
Company Name
Announced On
11/15/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds for recruiting talent, advance new marketing initiatives, and creation and launch of innovative products.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
113 Cherry St 52230
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Undisclosed
Website
Email Address
Overview
CalmWave was created by serial entrepreneur Ophir Ronen. Ophir sold his last company to PagerDuty, the world's largest IT Operations Orchestration company. He built out Operations Health at PagerDuty, which uses AI to monitor an organization's operations, with a focus on alarm remediation and retention. While on sabbatical after PagerDuty, Ophir heard stories from clinicians about the horrors surrounding alarm fatigue for clinicians and patients in ICUs. As an expert in this space, Ophir realized Healthcare was far behind Enterprise IT.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ophir Ronen
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