
RapidDeploy Completes $29M Series B Funding Round
Cloud-based computer-aided dispatch and analytics platform RapidDeploy recently completed a $29 million Series B funding round led by Morpheus Ventures with participation from GreatPoint Ventures, Ericsson Ventures, Samsung Next Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures and others. Austin-based RapidDeploy will use the capital to fund go-to-market improvements along with research and development.
“RapidDeploy has entered a stage of hypergrowth and with the trust of major companies in public safety and telecommunications like Samsung and Ericsson, we are well-positioned to assist public safety officials across the country as they transform their 9-1-1 centers,” said Steve Raucher, CEO and co-founder of RapidDeploy. “Over the last two years, we have fulfilled statewide contracts in Arizona, California and Kansas, while implementing our platform in over 650 9-1-1 Centers across America. This investment allows us to continue our trajectory and make data-driven Unified Critical Response the industry standard.”
Since the National Emergency Number Association set its initial goals for Next-Gen 9-1-1 services in 2001, states have slowly adopted a new system of emergency services IP networks, software services and data management processes connected directly to equipment in the public safety answering points.