To date, its been very difficult to reach these people again, said somen mondal, ceo of field id. Despite operating outside his field he stressed how important his engineering background was in starting financial companies. Field ids softwareasaservice product offering gives customers around the world the ability to manage safety more efficiently and. The field id ipad app is available in the apple app. The company, which makes workplacesafety inspection. Nov 23, 2011 the increased popularity of the ipad and iphone from apple inc. Oct 12, 2012 toronto, ontariomarketwire oct 12, 2012 field id n4 systems inc. Archpoint partners advises field id in its sale to master lock. The purchase nets master lock an entry into the software market, something its been looking for according to field id ceo somen mondal. Electronic inspection and safety compliance management.
N4 systems was launched by partners somen mondal and shaun ricci fulltime in 2007, and recieved angel funds the following year from a number of investors, including rob mcewen and paul hyde. Somens leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50 companiestowatch lists. Candidate screening software and how to pick the right one. Somen is a canadian entrepreneur and the cofounder of ideal. Field id a softwareasaservice enterprise security solution provider was acquired in dec. Among them, emerging entrepreneur and recent engineering graduate hadi aladdin compe 1t2 of coursepeer inc. Somen has the privilege of working with an extraordinary team, and together with them, is establishing field id as the global leader in inspection and safety compliance management. Psion teklogix, n4 systems partner to provide realtime. Field id eliminates paperwork and the reentry of safety data by allowing you to manage processes and procedures from mobile devices. How we built a sales team for our tech startup ideal. Field id was founded by somen mondal and shaun ricci in 2006, though it didnt become a fulltime venture until 2007 and didnt raise angel funding until 2008. Software consortium brings open source focus to rfid it.
Toronto, ontariomarketwire oct 12, 2012 field id n4 systems inc. Managing explosives at sunshine village resort it world. How multimillionaire somen mondal invests his money the. Today somen and his team are helping match talented. Wireless devices and cloud computing integrate with construction. How we built a sales team for our tech startup ideal medium. Master lock acquires field id safety compliance, inspection. Entrepreneurial confessions city life vaughan lifestyle.
Today, n4 systems is a multimilliondollar software asaservice. Field id is a cloudbased software solution that helps you streamline safety management by making inspection processes and lockouttagout procedures digital. With an early fascination of the future of ai, somen pursued a b. Field id customers around the world are tracking over one million cranes, ropes, slings,personal protective equipment and other types of critical assets. At my last startup, field id, we realized pretty early on that selling our product ourselves put a major strain on our resources. Theres no secret to being acquired, but these tips can. Somens leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50. There is a huge amount of paperwork that must be created to ensure a harness is safe and compliant with safety regulations, says somen mondal, ceo of n4 systems. Liftit switches to field id for safety compliance ease of. The owner was an entrepreneurinresidence, paul hyde, who later become one of the first investors in mr.
Their solution, field id, formed the basis for their. Were using bizo retargeting to continue nurturing and educating these potential prospects and. Peakworks adds rfid to fall protection gear secureidnews. Somen served as cofounder and ceo of field id until it was acquired by master lock llc in december 2012.
Their solution, field id, formed the basis for their software company. Mar 11, 20 somen mondal, ceo and cofounder of field id, commented, rob louv and the archpoint team were able to bring a level of process expertise critical to the success of this transaction. Field id will continue to operate independently from its toronto headquarters but will leverage master locks sales and marketing capabilities. Our partnership with a leading software provider for safety and inspections, n4 systems, brings a complete and targeted solution to this growing market. Field id is a shift in the way companies conduct inspections and manage safety compliance, said somen mondal, president and ceo of n4 systems. Theres no secret to being acquired, but these tips can help.
Somen mondal is responsible for corporate vision, strategy, business growth and total customer satisfaction. Apr 16, 2014 theres no secret to being acquired, but these tips can help. Memotexts amos adler presents at university of torontos. The companys field id software offers unparalleled traceability in safety compliance inspection operations, streamlining processes and improving efficiencies. Field id will become a new, complementary offering in master locks life safety business. Bdcs financing is helping us add more frontline salespeople and strengthen our marketing program, says somen mondal, ceo, field id. Somen s leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50 companiestowatch lists.
The team behind ideal ideal ai for recruiting software. Independencecraving coworkers somen mondal and shaun ricci left their consulting company careers to plant their entrepreneurial seed in field id, a paperless approach to safety that combines software, handheld devices and the internet to automate safety compliance inspection. Topics include fund raising, sales and marketing and growing pains, as well as the story of his company, field id. Slated panel presenters include rfid technology experts somen mondal of field id, tom bamford of infochip, and jim stradinger of holland 1916. Somen mondal, ceo and cofounder of field id, commented, rob louv and the archpoint team were able to bring a level of process expertise critical to the success of this transaction. Somen s leadership has helped earn field id a spot on the profit hot 50 and deloitte fast 50. Dec 16, 2014 how a career in sales can lead to greatness. Using his engineering analytical thinking skills he built a software company that sold for tens of millions. May 29, 2016 how multimillionaire somen mondal invests his money. Mondal points to a trend that could drive the use of rfid in constructionnfc nearfield communication on mobile phones. As the ceo and cofounder of field id, somen is responsible for corporate vision, strategy, business growth and allaround customer satisfaction.
Field id, formed the basis for their software company. We have a great product that has rapidly become the standard in industrial safety. Rfid, or radio frequency identification, is a technology that has generated a lot of buzz in retail over the last few years and has. The increased popularity of the ipad and iphone from apple inc. Headed by ceo somen mondal, n4 systems specializes in delivering innovative automated safety compliance inspection solutions. Regular rfid tags can be found just about anywhere, he said, but holland. Aipowered talent screening and matching ideal is an aipowered talent screening and matching system that enhances hr software to help enterprise teams make more accurate, fair, and efficient talent decisions. Ideas ignite at entrepreneurship weekend event u of t.
Feb 21, 20 the purchase nets master lock an entry into the software market, something its been looking for according to field id ceo somen mondal. Rigging equipment is another big area where rfid tags are being used. How multimillionaire somen mondal invests his money. Ceo of field id until it was successfully acquired by master lock llc in 2012. Bizos selfservice retargeting solution offers fast on. Somen mondal, ceo of field id in toronto, writes software for the inspection and safety compliance management industry. Somen mondal somen mondal is the ceo and cofounder of field id and is responsible for corporate vision, strategy, business growth and total customer satisfaction. Somen mondal, ceo, field id, points to harness manufacturers that are using rfid tags in order to track safety practices associated with the products. Five facts about using a recruitment chatbot talentculture. Basically, the technology works by allowing users of the handheld devices to scan.
Liftit switches to field id for safety compliance ease. Mar 21, 2016 despite operating outside his field he stressed how important his engineering background was in starting financial companies. Field id receives bdc financing to accelerate growth. Wireless devices and cloud computing integrate with. Torontobased saas enterprise safety company field id. Toronto startup field id acquired by master lock canada. Feb 03, 2012 somen mondal, ceo of field id in toronto, writes software for the inspection and safety compliance management industry. Bizos selfservice retargeting solution offers fast onramp. With the help of his extraordinary team, somen is committed to establishing field id as the global leader in inspection and safety compliance management iscm. Holland 1916 makes a new name for itself with rugged rfid. Inspection software for the ipad interview with somen mondal. By joining the field id safety network, peakworks inc. The funds will be used to further accelerate field ids revenue growth by supporting its sales and marketing effort. Somen mondal, whos also the coceo of torontobased n4 systems, aims to create a haven for open source applications and middleware that can be used in conjunction with rfid deployments in retail supply chains.
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