in ,

RapidDeploy Secures Funds from GreatPoint Ventures and Samsung Next

TechInAfrica – South African startup, RapidDeploy, has secured $12 million of funds from GreatPoint Ventures and Samsung Next on Series-A round. RapidDeploy will use the fund to develop and deploy its cloud aided platform.

Its cloud-based software helps to reduce emergency response times and increase awareness. Currently, the software has been adopted in more than 35 organizations worldwide and processed around tens of thousands of emergency calls.

RapidDeploy Secures Funds from GreatPoint Ventures and Samsung Next
RapidDeploy Secures Funds from GreatPoint Ventures and Samsung Next via builtinaustin.com

RapidDeploy was established in 2014 by Brett Meyerowitz. Its Co-Founder, Steven Raucher, then soon joined the startup in 2016. Raucher is currently the CEO of the startup.

With the new funding and partners, RapidDeploy plans to expand its product and technology to meet the needs of the communities it serves.

Ray Lane, Managing Partner of GreatPoint Ventures
Ray Lane, Managing Partner of GreatPoint Ventures via youtube.com

Ray Lane, Managing Partner of GreatPoint Ventures as well as former President and COO of Oracle, will soon join RapidDeploy’s board directors. He said that they were excited to join the team.

“Modernizing the first-responder ecosystem with cloud-based dispatch technologies will enable public safety organizations to perform faster and seamlessly across jurisdictions,” Lane said.

Meanwhile, Raymond Liao, Vice President and Ventures Managing Director of Samsung Next said that RapidDeploy’s product will complement Samsung’s solution to public safety.

Last year, RapidDeploy announced its agreement with AT&T to include its platform in the US’s 911 service. A month after, its headquarters moved to the US. It opened its operation office in Austin, Texas a month earlier and planned to hire 25 employees by the end of March. Currently, the startup has 50 employees and plans to add more numbers by the end of 2019. Moreover, it also plans to strengthen its operation team in Cape Town.

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *

Ola Brown, CEO of Flying Doctors Nigeria

Meet the Founder: Ola Brown, CEO of Flying Doctors Nigeria

Rwanda’s First Smartphone Factory to Open in April

Rwanda’s First Smartphone Factory to Open in April