LiveSafe Receives $5.25M in Series B Venture Capital Funding

livesafeLiveSafe, Inc., an Arlington, Va.-based mobile safety communications platform, received $5.25m in Series B venture capital funding.

The investment was made by an affiliated entity of FedEx Corp. Chairman, President and Chief Executive Officer Frederick W. Smith, who will also become a member of LiveSafe’s board of directors.

Led by CEO Carolyn Parent, LiveSafe provides a platform that enables two-way, real-time interaction between individuals and security and facilities teams. Users can send text, photos and videos and precise location information, to report incidents ranging from routine maintenance needs to suspicious activity to safety threats.
The solution is used by businesses, hospitals, malls, college campuses and large sports and entertainment arenas.

Customers include Hearst, Cox Communications, the San Francisco 49ers and other companies.



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