Rave Mobile Safety Receives Investment from TCV

Funding Rounds

▤ Summary

Rave 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. 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.

$ Funding

$
Amount - Total raised
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Date April 25, 2019 Announcement date
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Investors Technology Crossover Ventures Lead investors
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Company http://www.ravemobilesafety.com Funded company

▥ Classifications

industries
EduTech - institutions
applications
Web and Content Management

◇ AskAI Classifications

Labels
Critical Communication Software Mass Notification Systems Emergency Response Software

▦ Linked Companies

Rave Mobile Safety Inc
$25M to $50M