AlertMedia, an Austin, Texas-based emergency communication software provider, received a $25m investment.
JMI Equity, a growth equity firm focused on software companies, made the investment. In conjunction with the funding, Bob Nye, General Partner at JMI Equity, joined AlertMedia’s board of directors.
The funding will be used to accelerate the company’s strategic growth initiatives, including new product development, international expansion, and hiring.
Led by Brian Cruver, CEO, AlertMedia provides organizations with emergency communication software to monitor such events as hurricanes, wildfires, terrorist attacks, winter weather, network outages, and active shooter scenarios. After identifying an event, companies then use AlertMedia’s two-way communication software to connect with their people over multiple channels (text, email, mobile app, voice, social media, etc.) to improve coordination and outcomes.
Customers include DHL, British Petroleum, Texas Roadhouse, and Walmart, among others.
The company has raised $42 million to date from investors including Next Coast Ventures and Silverton Partners.