Investment of $100 Million Secured for Progress of AI Technology in Emergency Services and Intelligence Gathering by Carbyne
Carbyne Secures $100 Million in Funding to Revolutionize Emergency Response
Carbyne, a pioneering tech company specializing in emergency response, has raised a significant $100 million in funding. This investment, led by Global Medical Response (GMR) and a host of other prominent participants including AT&T Ventures, Axon, Cox, Hanaco, Hercules Capital, RCM Capital, and SVB, will propel Carbyne's mission to transform emergency response services.
Amir Elichai, Carbyne's CEO and Founder, expressed his delight at the investment, stating it as a strong vote of confidence in Carbyne's vision and execution. Edward "Ted" Van Horne, Chief Operating Officer of GMR, echoed this sentiment, emphasizing that this investment supports increased safety in the communities they serve.
The funds will be primarily used to accelerate the development of an AI-driven 911 platform. Carbyne plans to hire more engineers and R&D professionals to expand and deepen its AI capabilities specifically for its AI-driven emergency response platform. The company aims to deepen the AI capabilities at the core of its cloud-native emergency communication platform, enhancing its AI capabilities to provide real-time, AI-powered intelligence to first responders and 911 operators.
In addition to technological advancements, Carbyne also plans to expand its market reach and go-to-market efforts internationally, focusing on North America, Latin America, and the EMEA region. The company will also pursue more strategic partnerships and integrations to enhance its emergency dispatch technology ecosystem, positioning itself uniquely to lead AI adoption in public safety.
Notably, Axon is integrating its connected devices and real-time operational tools with Carbyne's emergency data platform. This integration will enable faster, more informed decisions in emergency response, improving outcomes for public safety agencies and critical infrastructure providers.
Carbyne's AI-driven platform integrates real-time support for call handling, dispatch, and decision-making, providing a comprehensive solution for emergency response services. The company's platform delivers real-time, AI-powered intelligence to first responders and 911 operators, ensuring they have the necessary information to respond effectively to emergencies.
In the past year, Carbyne has achieved impressive growth, with triple-digit growth in ARR for its APEX platform, a significant increase in customers, and a global presence in nearly 300 sites across 23 states and six countries, serving over 7,000 calltakers.
Henrik Kuhl, Axon's Senior Vice President of Strategy and Corporate Development, expressed his excitement about the partnership, stating that it will help accelerate the global deployment of life-saving technologies. Carbyne is committed to maintaining stringent cybersecurity standards while scaling its global operations and expanding the innovation pipeline to lead AI adoption in public safety.
[1] Source: Carbyne Press Release [2] Source: TechCrunch [3] Source: PR Newswire [4] Source: GlobeNewswire [5] Source: BusinessWire
Technology and artificial-intelligence are at the core of Carbyne's plans to utilize the recently secured $100 million in funding. The company aims to expand its AI capabilities, especially for its AI-driven emergency response platform, and hiring more engineers and R&D professionals to advance this development. Additionally, Carbyne's AI-powered 911 platform will integrate real-time support for call handling, dispatch, and decision-making, enhancing its technology to provide first responders and 911 operators with real-time, AI-powered intelligence.
