RapidDeploy Inks $12M Series A
AUSTIN, TX, RapidDeploy has raised $12 million in Series A financing.
RapidDeploy, whose cloud-based software enables public safety officials to reduce emergency response times and improve situational awareness, has raised $12 million in Series A financing. GreatPoint Ventures and Samsung NEXT provided the Round A funds, enabling RapidDeploy to accelerate the development and deployment of its Cloud Aided DispatchTM platform.
"We are excited to partner with seasoned technology investors who have proven experience in scaling software and technology," said Steven Raucher, RapidDeploy CEO and co-founder. "RapidDeploy is on a mission to democratize public safety and will now enter a new stage of growth."
Ray Lane, Managing Partner at GreatPoint Ventures and former President and COO of Oracle, will join RapidDeploy's Board of Directors. "We are thrilled to join the RapidDeploy team. Modernizing the first-responder ecosystem with cloud-based dispatch technologies will enable public safety organizations to perform faster and seamlessly across jurisdictions," said Lane.
"Together with RapidDeploy, Samsung is building the first-responder technology of the future," said Raymond Liao, VP and Ventures Managing Director at Samsung NEXT. "We are excited about RapidDeploy's products and first-responder culture, which complement Samsung's end-to-end solution to public safety including smart devices and public safety LTE infrastructure demanded by emergency service providers."
Designed by first responders, RapidDeploy uses modern cloud-based technology that solves key challenges faced by emergency service providers who often are slowed down by legacy infrastructure. RapidDeploy's Cloud Aided DispatchTM technology is more reliable, faster to deploy, more cost-effective, and richer in interfaces and features than outdated, on-premise computer-aided dispatch software.
Last August, AT&T announced that it was teaming up with RapidDeploy to provide 9-1-1 centers access to RapidDeploy's cloud-based platform. Since then, RapidDeploy has assembled a core team of US-based public-safety industry leaders who are passionate to drive innovation and improve emergency communications, and opened its global headquarters in downtown Austin, TX, earlier this year.
RapidDeploy is the market leader in Cloud Aided Dispatch (CAD) and 9-1-1 analytics software. The RapidDeploy platform is rich in location-based features and interfaces, easy to deploy and affordable for agencies of all sizes. RapidDeploy was built by First Responders using modern Microsoft Azure Government Cloud architecture, providing mission critical reliability, cybersecurity and state-of-the-art Artificial Intelligence. RapidDeploy's mission is to reduce response times for all and improve first responder safety by increasing situational awareness. Learn more at www.RapidDeploy.com.
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