RapidDeploy Raises $34M in Growth Funding

RapidDeploy

RapidDeploy, an Austin, TX-based provider of cloud-native 911 mapping and analytics solutions for public safety, raised $34M in Growth funding.

The round was led by Edison Partners, with participation from GreatPoint Ventures, Morpheus Ventures, GM Ventures, Ericsson Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures, and NedBank CIB. This investment brings RapidDeploy’s total raised to $87M.

The company intends to use the funds to consolidate its position and accelerate go-to-market initiatives.

Led by CEO Steve Raucher, RapidDeploy is a provider of mapping and analytics solutions in Public Safety, enabling 911 and other emergency communications centers of any size to become data-centric organizations. Its cloud-native solutions include Radius Mapping, a mapping tool designed to reduce response times and radically improve the way 911 calls are handled, and Eclipse Analytics, a solution that empowers Public Safety leaders to make better decisions to improve the efficacy of the entire 911 workflow.

The company integrates third-party data onto its cloud-native platform, ensuring it is available when, where, and how Telecommunicators and First Responders need it.

RapidDeploy has grown to 10 statewide contracts and more than 1,500 contracted 911 centers using its platform. The company has also sold to major enterprise accounts, most recently General Motors’ OnStar for its call centers.

FinSMEs

25/01/2023

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