RapidDeploy Raises $29M in Series B Funding

RapidDeploy, an Austin, Texas-based cloud computer-aided dispatch (CAD) and analytics platform, closed a $29m Series B funding.

The round was led by Morpheus Ventures with participation from GreatPoint Ventures, Ericsson Ventures, Samsung Next Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures, and others.

The company will use the capital to fund go-to-market improvements and research and development.

Led by Steve Raucher, CEO and co-founder, RapidDeploy is an open and integrated response platform, dedicated to reducing 9-1-1 response time by integrating third-party data ensuring it is available when, where and how Telecommunicators and First Responders need it. The company’s web-based cloud platform includes analytics, mapping,
dispatch and first responder applications.

Over the last two years, RapidDeploy have fulfilled statewide contracts in Arizona, California, and Kansas, while implementing the platform in over
650 9-1-1 Centers across America.
Through its integrated mapping platform, RadiusPlus, RapidDeploy delivers data from smart phones, vehicles, home security systems and more directly to 9-1-1 telecommunicators working in one of America’s 6,000+ PSAPs. Through Eclipse Analytics, the company offers customizable reporting and analytics on real-time call data that supports data-driven, operational performance improvements. Finally, RapidDeploy’s Nimbus CAD delivers a
comprehensive, highly configurable, web-based dispatch platform that uses location mapping and real-time data to ensure rapid and informed response.

FinSMEs

29/04/2021