LiveSafe Receives Debt Financing from Square 1 Bank

LiveSafe, an Arlington, VA-based mobile safety communications platform, received a credit facility from Square 1 Bank, a division of Pacific Western Bank.

The amount of the deal was not disclosed.

The proceeds will support sales-related initiatives and expansion.

Led by Carolyn Parent, chief executive officer, LiveSafe provides an actionable crowd-sourced intelligence gathering platform for security officials of major corporations and educational institutions, to help keep employees and students safe and informed. The software opens real-time, two-way communication between individuals and security and facilities teams allowing users to report incidents or suspicious activity through text, videos and pictures.



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