Rave Mobile Safety Receives Investment from TCV

raveRave Mobile Safety, a Framingham, Mass.-based provider of critical communication and data platform solutions to save lives, received an investment from TCV.

The amount of the deal was not disclosed.

The company intends to use the proceeds from the investment to:
– accelerate product innovation and growth plans, and
– continue to build on its portfolio of communication solutions.

Led by Todd Piett, President and CEO, Rave Mobile Safety is a safety software company that provides critical communication and data platform, which includes:
– Rave Alert™,
– Rave 911 Suite™,
– Rave Panic Button™,
– Rave Guardian™,
– Rave Prepare™,
– Rave Eyewitness™,
– SwiftK12™, and
– Swift911™.

The company has over 5,000 customers in the United States, including The City of Chicago, Washington D.C. Schools, the City of Cincinnati, Iowa State University and City of Virginia Beach. Thousands of agencies and institutions across law enforcement, 9-1-1, state and local emergency management agencies, corporations, healthcare organizations, K–12 districts, colleges and universities use Rave’s solutions.

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