Carbyne Raises $25 Million to Disrupt Legacy Emergency Services and Expand Its Technology’s Market Footprint

January 14, 2021

Following Rapid Growth of Over 350% in the Last Nine Months, This Funding Round Allows the Company to Further Its Mission of Redefining Emergency Collaboration 

 

New York, NY – January 14, 2021 Carbyne, the global innovation leader in emergency  technology, today announces $25 million in Series B1 funding led by Hanaco Ventures and ELSTED Capital Partners, with participation from former CIA Director General David Petraeus and all existing investors, including Founders Fund, FinTLV, and more. Promoting the continued progress of Carbyne’s mission to enhance emergency communications and first responders’ efficiency, the investment will allow the company to drive its continued expansion and push forward future product development.

Carbyne built the world’s leading, cloud-native emergency collaboration platform which delivers real-time secure information between citizens, emergency centers and state agencies. Its patented, secure omni-channel solution enables live video, images, chat, voice, VoIP, NLP and content sharing between callers and emergency call centers; no app is required and it takes just 30 seconds for deployment anywhere worldwide. Carbyne’s technology covers more than 400 million citizens, has streamed more than one million minutes of video to 911, and delivers over 155 million accurate location sessions a year, making it one of the world’s largest providers of rich data to emergency services. 

The company’s technology has proven to be critical in 2020 more than ever before. Seeking innovative solutions to combat the unprecedented challenges of the past year, agencies turned to Carbyne’s innovation for support. While government projects can take years for completion, since March 2020, Carbyne deployed a new project every 10 days, allowing its annual recurring revenue growth of350% in 2020 despite market challenges. An exemplary case study demonstrating the power of Carbyne’s C-Live Universe solution was released by AWS and describes how the company helped the city of New Orleans flatten the COVID-19 curve.

COVID-19 spotlighted the vulnerabilities of traditional emergency services in terms of communications and data-sharing, pushing the federal government to look to industry innovators for what is now essential support. Just this month, U.S. House members approved a $1.5 trillion infrastructure bill that includes $12 billion in funding for next-generation 911 deployments. Carbyne’s already solidified partnerships with powerhouses CentralSquare and Global Medical Response (GMR), extend its potential reach to nearly 90% of the United States market, with even more to come.

“Our patented technology and platforms answer the most pressing needs in a multi-billion dollar sector that witnesses tremendous growth year over year, and there is ample opportunity for growth in the years to come,” said Amir Elichai, CEO and Founder of Carbyne. “When COVID-19 first began, we saw governments were struggling with the ability to react to the volume of citizens’ unpredictable needs. We’ve realized we have to act fast. In less than one month we’ve released many powerful features to support worldwide clients. All deployed remotely. In addition, we’ve built our advisory board with industry experts, such as Former Secretaries of Homeland Security Kirstjen Nielsen and Michael Chertoff and Former FEMA Director, David Paulison as they support our ‘one-step ahead approach’ to maximizing value for our clients.” 

“Carbyne delivers a truly critical capability to the public safety market,” observed General Petraeus. “The ability to create transparent emergency communications between citizens, emergency call centers, first responders, and state and local government entities will prove of enormous importance as it is integrated into emergency response systems and will certainly save lives and improve outcomes. What Carbyne provides will dramatically enhance communications in the moments that matter most.”

“Our investment philosophy focuses on emerging platforms that deliver superior solutions, provide enhanced value, and allow for an improved public confidence and safety,” said Lior Prosor, General Partner of Hanaco Ventures. “Carbyne has been on our radar for quite some time because of its strong value proposition and impressive growth. It is led by an experienced founder and reputable team, and has delivered a life-changing product to the market. We are pleased to be partnering with them in their next phase of growth.”

The company has raised a total of $53 million since its launch in 2015. The latest funding round follows its Series B financing in 2018 from Founders Fund and ELSTED Capital Partners, which was used to optimize the product market fit and sales processes. By 2023, Carbyne expects a commanding presence in every state across the country, in addition to its presence in international markets, and will aim to serve 1.5 billion people.

“Times have changed, and so should the technology that is serving our citizens. In a modern age, facing unprecedented challenges, legacy solutions are failing our community when they need us most. It is no longer what the public expects or accepts,” added Elichai. 

To learn more about Carbyne and its work to connect the world through emergency insights, please visit www.carbyne911.com.

About Carbyne:

Carbyne is a global leader in public safety technology. Headquartered in NYC, Carbyne quickly grew to be one of dominant global players in the public safety global industry. Today, Carbyne is the largest rich-data provider globally, delivering over 155M data points per year. In addition its rich data platforms enable first responders and Emergency Call Centers to connect with the caller via highly secure communication omni-channel with no app required. With a mission to redefine emergency collaboration, Carbyne provides a unified cloud native solution that enables ECCs, first responders, citizens and the state to share live actionable data that can lead to more efficient, transparent operations and ultimately save lives. For more information visit www.carbyne911.com.

 

FOR MEDIA USE ONLY

Media Contact:

Moti Elkaim

moti@carbyne911.com

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