One of the fastest growing private companies in America for public safety has just raised a new round of financing. And some of the most important venture capital funds in the world are behind it.

‍What’s happening:‍

  • Atlanta based safety technology company Flock Safety has raised $275M USD in a new financing round
  • The round was led by legendary Silicon Valley venture capital fund a16z and included notable participation from Founders Fund, Tiger Global, Kleiner Perkins and Y Combinator

By the numbers:‍

  • Flock Safety’s technology products are in more than 5,000 communities in America
  • Flock Safety just recently surpassed $300M USD in annual reoccurring revenue

Why it matters:‍

  • Flock Safety is one of the fastest growing safety technology companies in the United States of America and has landed multiple highly notable customers, including Lowe’s, FedEx and even the FBI

Going deeper:‍

  • Currently, Flock Safety develops cameras for automatic license plate scanning, video surveillance, gunshot detection technology and fingerprint software
  • Flock Safety has publicly stated they plan to use the new infusion of capital to begin launching drones to expand their capabilities for surveillance and aerial security

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