Total amount raised
$126.3 Millions
Latest funding date
03/01/2024
Location
Carbyne has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The company specializes in cloud-native mission-critical contact center solutions designed to enhance emergency response capabilities.
Keep reading to explore the intricacies of Carbyne's fundraising journey and the investors backing this innovative platform.
What Is Carbyne?
Carbyne, founded in 2014, is a New York-based company specializing in cloud-native mission-critical contact center solutions. The company was established by Alex Dizengof, Amir Elichai, Lital Leshem, and Yoni Yatsun.
Carbyne's technologies enable emergency contact centers and selected enterprises to connect with callers or any connected devices via highly secure communication channels without the need for a consumer app. Their platform integrates AI, real-time data, and human expertise to enhance emergency response capabilities.
With a workforce of 101-250 employees, Carbyne aims to redefine emergency collaboration, providing live actionable data for more efficient and transparent operations, ultimately saving lives.
How Much Funding Has Carbyne Raised?
- Seed Round
- Amount Raised: $1.6M
- Date: April 2015
- Lead Investors: Ehud Barak
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop initial product offerings and establish a market presence.
- Series A
- Amount Raised: $5.2M
- Date: September 2016
- Lead Investors: Ehud Barak
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and accelerate product development.
- Series B (August 2018)
- Amount Raised: $18.5M
- Date: August 2018
- Lead Investors: Elsted Capital Partners, Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technological capabilities.
- Series B (January 2021)
- Amount Raised: $25M
- Date: January 2021
- Lead Investors: Elsted Capital Partners, Hanaco Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and expand market reach.
- Convertible Note
- Amount Raised: $20M
- Date: June 2021
- Lead Investors: Global Medical Response
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund ongoing development and operational expansion.
- Series C
- Amount Raised: $56M
- Date: September 2022
- Lead Investors: Cox Enterprises, Hanaco Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enhance product offerings.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: March 2024
- Lead Investors: AT&T Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support transformative growth and innovation in public safety communications.
Total Amount Raised: $126.3M
Current Valuation: Not publicly disclosed
Key Investors
- AT&T Ventures
- Details: AT&T Ventures is the venture capital arm of AT&T, focusing on investments in innovative technology companies. They are involved in reselling Carbyne's emergency call management solutions.
- Investment Focus Areas: Telecommunications, technology, media.
- Notable Investments: AT&T, DirecTV, WarnerMedia.
- Cox Enterprises
- Details: Cox Enterprises is a major investor through its venture capital arm, Socium Ventures. They are involved in various industries including communications and automotive services.
- Investment Focus Areas: Communications, automotive, media.
- Notable Investments: Cox Communications, Autotrader, Kelley Blue Book.
- Hanaco Venture Capital
- Details: Hanaco Venture Capital is a growth-stage venture capital firm focusing on technology startups. They have been a consistent investor in Carbyne.
- Investment Focus Areas: Technology startups, software, IT.
- Notable Investments: Via, Yotpo, Moovit.
- Global Medical Response
- Details: Global Medical Response is an investment firm specializing in emergency medical services and healthcare. They have invested in Carbyne to support its growth in the emergency response sector.
- Investment Focus Areas: Emergency medical services, healthcare.
- Notable Investments: AirMed International, American Medical Response.
- Elsted Capital Partners
- Details: Elsted Capital Partners is a private equity firm focusing on growth capital investments. They have been a key investor in Carbyne's development.
- Investment Focus Areas: Private equity, growth capital.
- Notable Investments: Not specified.
What's Next for Carbyne?
Carbyne stands at the cusp of a transformative era in public safety communications. With substantial investments from AT&T Ventures and Socium Ventures, the company is poised to expand its cloud-native emergency call-handling solutions. This collaboration with AT&T could significantly reduce dispatch times, enhancing the efficiency of emergency responses.
As the emergency services industry continues to grow, Carbyne's innovative AI-based solutions like Carbyne APEX and Carbyne Universe are set to capture a substantial market share. The involvement of high-profile investors suggests that future fundraising opportunities are likely, enabling Carbyne to scale its operations and integrate advanced technologies.
However, challenges such as integrating new technologies with existing infrastructure and ensuring the security of cloud-native solutions remain. Navigating these hurdles will be crucial for Carbyne as it aims to redefine emergency response systems globally.
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