Carbyne, an Israeli Startup that offers emergency medical response technology, raised $56 million in a Series C funding round co-led by Cox Enterprises and Hanaco Growth Fund. This round brings the company’s total funding to date to $128 million.
Former Israeli Prime Minister Ehud Barak is counted among Carbyne’s investors.
Carbyne said that this round of funding came after the company’s revenue increased by 400%, coupled with a 185% jump in total contract value over the past 12 months.
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Founded in 2014 by Chairman & CEO Amir Elichai, R&D Manager Yony Yatsun and CTO Alex Dizengoff, Carbyne calls itself the global leader in emergency collaboration technologies. Carbyne boasts that it is already the largest rich-data provider globally, delivering over 155M data points per year. In addition, the company’s data platforms enable first responders and Emergency Call Centers to connect with the caller via highly secure communication omni-channel with no app required. Declaring its 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.”
“We’re doing to public safety what Amazon did to on-premise storage. We are redefining how emergency contact centers and government service teams operate by moving everything to the cloud,” said Amir Elichai, CEO and Founder of Carbyne. “Emergency providers and local governments are using legacy systems to solve modern problems – a declining proposition. They are increasingly recognizing the value that our cloud-based platforms provide to their communities. In addition to expanding our footprint in emergency services, we are also seeing new opportunities from businesses in adjacent industries. With the support of our latest funders, we are extending our reach to more communities and businesses who need to modernize their legacy mission critical communication tech stack.”