What is Everbridge?
Everbridge, Inc. is a software company that provides critical communications and enterprise safety applications. Its Software-as-a-Service (SaaS) platform is designed to automate and accelerate the process of ensuring people's safety and maintaining business operations during critical events. The company's offerings enable organizations to aggregate and assess threat data, locate individuals at risk and available responders, automate communication processes, and track response plan execution. Key applications include Mass Notification, Incident Management, Safety Connection, IT Alerting, and Secure Messaging, serving a diverse range of sectors including technology, energy, financial services, and healthcare across the United States and internationally. Everbridge, Inc. was founded in 2002 and is headquartered in Burlington.
How much funding has Everbridge raised?
Everbridge has raised a total of $761.5M across 5 funding rounds:
Series A
$9M
Stock Offering
$69.8M
Debt
$100M
Stock Offering
$146.1M
Debt
$436.6M
Series A (2009): $9M with participation from ABS Ventures
Stock Issuance/Offering (2016): $69.8M led by Undisclosed
Debt (2017): $100M supported by Undisclosed
Stock Issuance/Offering (2019): $146.1M featuring Undisclosed
Debt (2019): $436.6M backed by Undisclosed
Key Investors in Everbridge
ABS Ventures
ABS Ventures is a venture capital firm specializing in mid-stage technology investments, providing growth capital and shareholder liquidity. They actively engage in board involvement to help build industry-leading companies and target ventures poised for significant growth and transformation.
What's next for Everbridge?
The substantial enterprise-level funding and recent strategic investment indicate Everbridge, Inc. is in a strong position for scaling its operations and enhancing its critical event management platform. This capital will likely be directed towards expanding its technological capabilities, potentially through further research and development into AI-driven threat assessment and response automation. Strategic partnerships and market penetration in new geographies or industry verticals are also probable avenues for growth. The company's focus on providing essential safety and operational continuity solutions positions it well to capitalize on the increasing global demand for robust crisis management tools, especially in light of evolving geopolitical and environmental challenges.
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