Upcoming Stories
Texas CRE News In Your Inbox .

Texas   /   May 3, 2021

Lisa Brown
By: Lisa Brown

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.

Inside The Story
About the Author

Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
Email the Author

New call-to-action
© ConnectCRE 2021 / 3900 San Fernando Road, Suite 1007, Glendale, CA 91204
Contact Us / Policies, Privacy & DisclosuresSubmit Press Release /