Mon. Aug 19th, 2019

South African tech startup raises $12m to accelerate growth 

Impressive stuff.

south african tech startup raises 12m to accelerate growth efbbbf 1024x853 - South African tech startup raises $12m to accelerate growth 

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South African tech startup RapidDeploy, whose cloud-based software enables public safety officials to reduce emergency response times and improve situational awareness, has raised $12m (163m ZAR) in Series A financing.

GreatPoint Ventures and Samsung NEXT provided the Round A funds, enabling RapidDeploy to accelerate the development and deployment of its Cloud Aided DispatchTM platform.

“We are exceptionally honoured to have such influential and experienced partners on board, which will not only enable us to expand our existing and highly innovative product and technology teams but will also assist us to further leverage leading cloud and mobile technologies in the interests of the first responder communities we serve,” says Brett Meyerowitz CTO and co-founder. 

Ray Lane, Managing Partner at GreatPoint Ventures and former President and COO of Oracle, will join RapidDeploy’s Board of Directors.

“We are thrilled to join the RapidDeploy team. Modernising the first-responder ecosystem with cloud-based dispatch technologies will enable public safety organisations to perform faster and seamlessly across jurisdictions,” said Lane.

“Together with RapidDeploy, Samsung is building the first-responder technology of the future,” said Raymond Liao, VP and Ventures Managing Director at Samsung NEXT. “We are excited about RapidDeploy’s products and first-responder culture, which complement Samsung’s end-to-end solution to public safety including smart devices and public safety LTE infrastructure demanded by emergency service providers.”

Designed by first responders, RapidDeploy
uses modern cloud-based technology that solves key challenges faced by
emergency service providers who often are slowed down by legacy infrastructure.
RapidDeploy’s Cloud Aided DispatchTM technology
is more reliable, faster to deploy, more cost-effective, and richer in
interfaces and features than outdated, on-premise computer-aided dispatch
software.

Last August, AT&T announced that it
was teaming up with RapidDeploy to provide 9-1-1 centers access to
RapidDeploy’s cloud-based platform. Since then, RapidDeploy has assembled a
core team of US-based public-safety industry leaders who are passionate to
drive innovation and improve emergency communications, and opened its global headquarters in downtown
Austin, TX, earlier this year.

About RapidDeploy

RapidDeploy is the market leader in Cloud Aided Dispatch (CAD) and 9-1-1 analytics software. The RapidDeploy platform is rich in location-based features and interfaces, easy to deploy and affordable for agencies of all sizes.

RapidDeploy was built by First Responders using modern Microsoft Azure Government Cloud architecture, providing mission-critical reliability, cybersecurity and state-of-the-art Artificial Intelligence. RapidDeploy’s mission is to reduce response times for all and improve first responder safety by increasing situational awareness. Learn more at www.RapidDeploy.com.  

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