Total amount raised
$53 Millions
Latest funding date
04/01/2020
Location
AlertMedia has successfully raised significant funding to support its mission of providing modern and intuitive emergency communication solutions. The company's platform offers a range of features, including emergency mass notification, threat intelligence, and employee safety monitoring.
Keep reading to explore the intricacies of AlertMedia's fundraising journey and the investors backing this innovative platform.
What Is AlertMedia?
AlertMedia, founded in 2013, is headquartered in Austin, Texas. The company was established by Brian Cruver and Matt Miller.
Specializing in emergency communication solutions, AlertMedia offers services such as emergency mass notification, threat intelligence, and employee safety monitoring.
With a dedicated team of over 200 employees, AlertMedia continues to innovate in the field of emergency communication, ensuring the safety and security of businesses and their employees.
How Much Funding Has AlertMedia Raised?
- Series A Funding Round
- Amount Raised: $4 million
- Date: March 2016
- Lead Investors: Silverton Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the company's product offerings and accelerate market penetration.
- Series B Funding Round
- Amount Raised: $8 million
- Date: October 2017
- Lead Investors: Next Coast Ventures, ATX Seed Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and sales growth.
- Series C Funding Round
- Amount Raised: $25 million
- Date: January 2020
- Lead Investors: JMI Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities.
- Series D Funding Round
- Amount Raised: $45 million
- Date: March 2021
- Lead Investors: Vista Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support global expansion and further technological advancements.
Total Amount Raised: $82 million
Current Valuation: Not publicly disclosed
Key Investors
- Next Coast Ventures
- Details: An Austin-based venture capital firm founded by entrepreneurs. They focus on early-stage and high-growth startups in 'Next Coast' markets.
- Investment Focus Areas: Technology, consumer products, healthcare
- Notable Investments: Everlywell, AlertMedia, Tenfold
- ATX Seed Ventures
- Details: A venture capital firm based in Austin, Texas. They invest in early-stage companies with high growth potential.
- Investment Focus Areas: Technology, software, healthcare
- Notable Investments: AlertMedia, SourceDay, Rollick
- Silverton Partners
- Details: A leading venture capital firm in Austin, Texas. They focus on early-stage investments in technology and software companies.
- Investment Focus Areas: Technology, software, consumer products
- Notable Investments: The Zebra, AlertMedia, SailPoint
- Vista Equity Partners
- Details: A global investment firm focused on enterprise software, data, and technology-enabled businesses. They manage equity capital commitments of over $73 billion.
- Investment Focus Areas: Software, data, technology-enabled services
- Notable Investments: Ping Identity, Marketo, AlertMedia
- JMI Equity
- Details: A growth equity firm focused on investing in leading software companies. They have been investing for over 25 years.
- Investment Focus Areas: Software, internet, business services
- Notable Investments: ServiceTitan, Seismic, AlertMedia
What's Next for AlertMedia?
AlertMedia stands at the cusp of significant growth opportunities, driven by the increasing demand for modern notification systems. With a presence in over 80 countries and a client list that includes giants like DHL and AT&T, the potential for expansion is vast. The company aims to set new standards in critical communication, leveraging its innovative platform to serve diverse industries globally.
Future fundraising rounds are likely as AlertMedia continues to scale its product offerings and market reach. The introduction of new features like Visual Intelligence and AI Assistant could attract further investment, enabling the company to enhance its technological capabilities and expand its customer base.
However, challenges such as competition from other providers and the need to keep up with rapid technological advancements loom large. Ensuring the security and reliability of their platform will be crucial as they navigate these hurdles. Despite these challenges, AlertMedia's strategic growth initiatives position it well for continued success in the emergency communication market.
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