RapidDeploy raises US$12 million from GreatPoint Ventures and Samsung NEXT

RapidDeploy, a cloud-based software company has raised US$12 million from GreatPoint Ventures and Samsung NEXT in their first funding round. RapidDeploy has a cloud-based software that enables public safety officials to reduce emergency response times and improve situational awareness. The company was founded in 2015 by Steve Raucher and Brett Meyerowitz who have previous experience as paramedics and had a deep rooted need to reduce the emergency services response time in order to save lives. Ray Lane, Managing Partner at GreatPoint Ventures will join the board of RapidDeploy to assist with the further expansion of the platform and the business model. The size of shareholding acquired is undisclosed.

 

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