AlertMedia, an Austin company that provides emergency communication software, plans to enter its next stage of growth with new hires, additional products and international expansion.
The startup's growth is being fueled by a new $25 million growth equity investment from JMI Equity, a software investment company based in Baltimore. The new money brings AlertMedia's total funding to $42 million. Its prior investors include Austin-based Next Coast Ventures, Silverton Partners, ATX Seed Ventures and Capital Factory.
“As the global demand for AlertMedia software and services continues to skyrocket, this funding will be used to help us grow our team to satisfy that demand, as well as explore new ways to enable organizations to protect their workers and expand our offering,” CEO Brian Cruver said in a news release.
AlertMedia, founded in 2013, provides emergency communications and threat-monitoring alerts for large-scale, logistics-heavy companies like DHL, Walmart and H-E-B. Its software monitors for emergency events, including everything from active shooters to winter weather warnings. And its two-way communication software contacts a company's employees wherever they are through multiple communication channels, including text, email and social media.
"For AlertMedia, the investment serves to magnify our commitment to our customers, both current and future," Cruver wrote in a blog post. "This means expanding in all parts of the business."
