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Siren Marine Unveils New Products and Announces $3MM Series A Funding Round at NYYC Event

Posted by Jonathan Banks on

On March 22, 2017, Siren Marine officially unveiled its next-generation boat monitoring and tracking system – the MTC – at a special "Launch Party" at the New York Yacht Club in Newport.

At the same event, Siren Marine announced a $3 million Series A Funding Round, which will raise money to support the company's long-term growth plans.

Along with the senior development team and global telecommunications partner, Vodafone, Siren Marine's Executive Team unveiled and demonstrated its new MTC boat monitoring device to a group of long-time customers, suppliers and investors.

"The 'Launch Party' allowed us to showcase and celebrate the tremendous effort the entire Siren Marine Team has made to bring the latest 'Connected Boat' technology to market," commented Dan Harper, Siren Marine CEO and Founder. "We were excited to share this momentous occasion with our loyal supporters and investors. Bringing a new technology and product to market is a herculean effort, and I would like to thank the entire Siren Marine team for its hard work, commitment and support."

"The future looks bright for Siren Marine. We have the right people, technology, and distribution partners in place to take the company to the next level. With over 36 million boats worldwide, the potential market opportunity is enormous. Now that we're on track to launch our new products, the Series A Round will give us the necessary funding to fuel our growth and further strengthen our leadership position. All of our existing investors are Siren Marine customers, which is the best testimonial you can ask for," said Harper.

If you're interested in learning more about Siren Marine's MTC and would like to become part of the "Connected Boat" revolution, please contact Dan Harper at daniel@sirenmarine.com or Jonathan Banks at jbanks@sirenmarine.com.


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