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SEAL Innovation, Inc. Adds Seasoned Business and Aquatics Leaders to its Board; Expands Series B Financing Round after Raising $2 Million

June 30, 2014



Raleigh, NC (PRWEB) June 30, 2014

SEAL Innovation, Inc., a wearable technology start-up commercializing an innovative swim safety monitor, announces that seasoned business and aquatics leaders Jan Davis and David Fox have joined its board of directors.

"We are ecstatic to have Jan and David join our board and help guide SEAL's progression during a crucial stage of our evolution," said Dr. Graham Snyder, SEAL's co-founder and Chief Executive Officer. "Their collective business, finance and aquatics background and experience will be integral to our success," he added.

Jan Davis brings to SEAL over 25 years of experience leading growth and transformation for start-up technology, marketing and information companies. She currently serves as President and Executive Committee member with Triangle Angel Partners and advisory board member with Launch Place Seed Fund, two funds that invested in SEAL Innovation.

In addition, Jan holds advisory and board member positions with multiple companies including GSP, Spring Metrics, Three Ships, Market Vue Partners and ShowingTime. Her prior experience includes President and Chief Executive Officer of ShopperTrak RCT Corporation, Business Unit President at TransUnion, Inc. and co-founder of a venture-backed database marketing firm. Jan received a B.A. in English Literature and M.B.A. from the University of North Carolina. "I am honored to serve on the SEAL board," Davis said. "I have worked with many technology companies over the years, and the SEAL SwimSafe™ has great potential to provide both social value and economic benefit. I look forward to working with SEAL's board and leadership to bring this innovative technology to market," she added.

David Fox, Goldman Sachs' Managing Director and Southeast Region Head for Private Wealth Management, also serves as a national advisor with the firm's institutional client solutions business. An accomplished competitive swimmer, he won a gold medal in the Men's Freestyle 4x100m relay at the 1996 Olympics and four gold medals at the World University Games. David attended and swam at North Carolina State University where he received a B.S. in Civil Engineering. During his collegiate career, he won seven ACC championships, one NCAA national championship and the NC State Alumni Association Athletic trophy. After retiring from competitive swimming, David earned an M.B.A. from the University of North Carolina.

"SEAL SwimSafe™ can dramatically alter the risk dynamics in swimming safety," Fox believes. "I look forward to its launch and to the journey ahead with the Board and broader SEAL team," he added.

The Board expansion coincides with SEAL raising nearly $2 million in interim financing. The company has expanded its Series B financing to raise at least an additional $2.5 million to accelerate geographic, market segment and product line expansion.

About SEAL Innovation, Inc.

Creating an outstanding swimming experience with innovative wearable technologies to increase confidence and enhance safety, enjoyment and performance defines SEAL Innovation, Inc. The company created SEAL SwimSafe™ for swimmers of all ages. If it detects a swimmer in potential distress, the SEAL band worn by the swimmer triggers a high intensity visible, audible, and vibrating alarm so that rescue can begin quickly. The SEAL SwimSafe™ was designed to complement and improve parental and lifeguard vigilance; learning to swim; and safe facility design and management.

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Read the full story at http://www.prweb.com/releases/2014/06/prweb11982778.htm


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Source: PR Web


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