ALEXANDRIA, VA, According to SEC filings, Previstar has raised $2.58 million from a $3.08 million offering of convertible preferred shares, taking in the amount from five investors. Novak Biddle and Paladin have previously invested in the company.

Previstar provides a suite of highly customizable software products and capabilities - primarily to the emergency preparedness and response communities, the armed services, and homeland security industry - for managing the incident lifecycle, including planning for, responding to, and recovering from all hazards incidents and events.

Previstar's software evolved from applications initially developed at the Oak Ridge National Laboratory and deployed at the Y-12 Nuclear complex. The Consortium of Federal Laboratories announced the company as a regional winner and national finalist for the prestigious Excellence in Technology Transfer award. FEMA's NIMS Supporting Technology Evaluation Program (NIMS STEP) determined that Previstar's Continual Preparedness System (CPS) is consistent with NIMS national standards and 100% compliant with information alerting and data exchange standards.

Previstar is headquartered in Alexandria, Virginia and conducts research and development activities at its facility in Knoxville, Tennessee.