Tel Aviv-based public safety startup Carbyne has raised $15 million in series B financing. The round was led by Elsted Capital Partners and joined by Founders Fund.
Carbyne’s emergency response ecosystem provides a 21st century upgrade for standard public safety and emergency response infrastructure, revolutionizing the outdated emergency technologies still used in most cities around the world. With Carbyne’s end-to-end, digitized NG911 ecosystem, first response personnel can better process and prioritize incoming emergency calls using a wealth of previously unavailable information such as live video streaming, voice over IP, and precise location.
“It is critically important that we fix our dilapidated emergency response systems around the world,” said Trae Stephens, Partner at Founders Fund. “Carbyne’s technology will replace outdated infrastructure and provide powerful new capabilities to first responders.”
The investment will be used for international expansion and to boost R&D funding for their Next Generation 911 solutions.
“People expect cutting-edge, highly effective services when it comes to emergencies and public safety,” said former Israeli Prime Minister Ehud Barak, Carbyne's Chairman of the Board and seed investor. “That is what makes Carbyne and its wide-ranging, advanced technologies so in demand."