By: Baystreet Staff -

NowForce Raises $4.5m in Series B Funding

[ACCESSWIRE]

Nowforce, a Developer of Comprehensive Mobile Emergency Response Solutions, Announced Today That It Has Raised $4.5 Million in a Series B Round of Funding Led by Verint Systems Inc. (NASDAQ:VRNT)

WASHINGTON, DC / ACCESSWIRE / December 17, 2015 / NowForce, a developer of comprehensive mobile emergency response solutions, announced today that it has raised $4.5 million in a Series B round of funding led by Verint Systems Inc. (NASDAQ:VRNT), along with the participation of current investors Winnovation, Indigo Strategic Holding LP and Monet Venture Group Limited.

NowForce offers personal safety applications, cloud-based computer aided dispatch, and mobile response tools for campus security, private security, and public safety organizations, enabling reduced response times, full situational awareness, and enhanced communications.

"We are pleased to have Verint, a recognized global leader in the security industry, join NowForce as a strategic investor," said Assaf Shafran, NowForce CEO. "This new injection of capital will allow NowForce to continue its aggressive growth in key markets for its dispatch and mobile solution, along with enabling deeper collaboration with Verint's market-leading Situational Awareness Platform."

"We believe NowForce has a unique and valuable offering for the industry," says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions(TM). "We are pleased to be working together to drive further innovation and technology advancements in the area of situational awareness." To learn more visit: http://www.nowforce.com.

About NowForce:

NowForce offers comprehensive emergency response solutions for campus security, private security, and public safety organizations, enabling reduced response times, full situational awareness, and enhanced communications. NowForce's end-to-end solution closes the loop surrounding emergency response by giving citizens the tools to directly contact the command center and by giving the command center the tools to dispatch the closest, most qualified responders. The solution includes personal safety apps, cloud-based computer aided dispatch (CAD), and mobile response tools.

Contact:

Assaf Shafran
info@nowforce.com
240-752-9500

SOURCE: NowForce