To state the obvious, the world is much more complicated than it was a month ago. Austin-based emergency communications startup AlertMedia sees itself as a critical component to helping businesses keep their employees safe and informed.
The company announced it has raised $15 million in new Series C funding to hire about 20 new employees to help its growing customer base. The new investment was led by AlertMedia’s prior investors — JMI Equity, Next Coast Ventures and Silverton Partners.
The new funding comes a little more than a year after it announced a $25 million growth equity investment from JMI Equity, a software investment company based in Baltimore. In essence, the new round is an extension of that, taking their Series C from $25 million to $40 million.
Original story published on American Inno.
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