LiveSafe, an Arlington, VA-based a provider crowdsourced mobile crime reporting platform, received an investment from the CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the funds for development and expansion of its product and additional market roll-outs.
Led by Jenny Abramson, CEO and President, LiveSafe provides a mobile safety solution that establishes two-way communication between students/service members and school safety/military officials. Its safety app is linked to an online dashboard for police to receive incoming tips and GPS-monitor users in distress.
LiveSafe is currently being used at colleges, universities, and high schools but has also recently gained traction within the military market.