Relay Secures $35 Million Series B Funding to Enhance Frontline Communications
Relay, a cloud-based technology platform dedicated to revolutionizing frontline communications across various industries, has successfully closed a $35 million Series B funding round.
This investment, led by G2 Venture Partners, also saw participation from Sovereign’s Capital and Wind River Ventures.
Strategic Expansion with Relay+
The newly acquired funds will facilitate the expansion of Relay’s flagship product, Relay+, a cloud-connected communication device designed to enhance efficiency and communication for frontline teams in industries such as hospitality, manufacturing, warehousing, education, and healthcare.
Relay+ aims to streamline communication processes, boosting employee safety by enabling team members to flag safety alerts and notify other departments or managers instantly. This real-time alert system allows immediate action, crucial for maintaining safety and efficiency, particularly in high-stakes environments like hospitals and hotels.
Recent Innovations and Product Enhancements
Relay’s commitment to innovation is further evidenced by its recent product launch in April, TeamTranslate, which uses AI to automatically detect and translate text and voice messages between team members, bridging language barriers seamlessly. This comes after the company raised $13 million in a Series A funding round last year, showcasing a consistent trajectory of growth and product enhancement.
David Mount, a partner at G2 Venture Partners, praised Relay’s impact on improving connectivity, safety, and productivity among frontline workers. “Relay is delivering increased connectivity, safety, and productivity among frontline workers,” Mount said. He emphasized G2 Venture Partners’ enthusiasm in supporting Relay’s next growth phase.
Chris Chuang, CEO of Relay, expressed excitement about the company’s future prospects. “This funding round marks an inflection point for Relay, as we look toward our next stage of growth,” Chuang stated. He underscored the company’s mission to enhance frontline productivity through its innovative technology and highlighted the pivotal role of the new investment in achieving these goals.
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