RapidSOS, a NYC-based advanced emergency technology platform, raised $30M in Series B funding.
The round was led by Playground Global, with participation from Highland Capital Partners, M12 (Microsoft’s Venture Fund), Two Sigma Ventures, Forte Ventures, The Westly Group, CSAA IG, and individuals including three former FCC Chairmen and Ralph de la Vega – former AT&T Vice Chairman and CEO of AT&T Business Solutions & International.
The company, which has raised $65M to date, intends to use the funds to expand its platform.
Led by Michael Martin, CEO, RapidSOS provides an emergency platform to send rich data from connected devices to 911 and first responders, enabling emergency response. The company currently powers hundreds of millions of devices, transmitting life-saving data for over 150,000 emergencies per day across the United States.
Public safety agencies can access life-saving emergency data from companies like Apple, Google, Uber, and Microsoft via the RapidSOS NG911 Clearinghouse – a secure source for emergency data. Currently more than 1,500 911 centers, covering over 180 million people, have access to the RapidSOS NG911 Clearinghouse through either their existing software systems, or through RapidLite – a secure and easy to deploy web application.
FinSMEs
06/11/2018