Verdoso Industry
26 Rue Glesener, Luxembourg, L-1630
Overview
Verdoso is an independent industrial group that takes stakes, generally in the majority of mid-size companies. The group proactively seeks to make constructive investments in companies in transition or facing operational challenges and which can benefit from both Verdoso's financial resources and entrepreneurial approach. Verdoso typically seeks majority or significant minority positions and holds a legitimate key investor position together with the management. They provide their competencies and resources to help them implement the company strategy and action plan. Verdoso is a Paris based private investment holding founded in1997 and focused on middle-market direct investments in various industries including manufacturing, value-added distribution, and business services.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Sonim Technologies
Led · Equity · May 2010
Sonim Technologies designs and manufactures ultra-rugged mobile phones, business-process applications, and industrial-grade accessories for workers in extreme and hazardous environments. The company offers an industry-leading three-year comprehensive warranty and supplies devices through mobile operators worldwide. Sonim targets commercial, industrial and public safety markets, including first responders and Fortune 1000 industrial customers. Future product and go-to-market plans highlighted in the article include a public safety platform for first responders, support for dedicated broadband network rollouts across the U.S., ruggedized IoT deployments, and advanced AI capabilities. Financially, Sonim announced a $37 million capital infusion that will be used in part to fund growth initiatives and to repurchase stock from existing stockholders. The company is headquartered in San Mateo, Calif. Sonim Technologies designs and sells premium submersible, ruggedized mobile phones, marketed under its XP family and engineered for users in harsh environments. Its XP2.10 Spirit and XP3.20 Quest Pro carry an IP67 rating and are tested to Sonim's Rugged Performance Standard (RPS). Sonim also provides a complete end-to-end mobile VoIP platform that delivers services over GPRS, UMTS, EVDO, WiFi and WiMAX networks. The company offers an industry-leading unconditional three-year guarantee and emphasizes craftsmanship and extreme resilience in its products. Headquartered in San Mateo, California, Sonim has sold phones in over 50 countries and operates in 16 countries. The company announced a $9 million Series 4 financing to expand global sales and marketing and to accelerate development of three new phone models to be announced in 2010.
Team
No current team members are available.