Mark43, which offers cloud-based software meant to help streamline paperwork for public safety agencies, has raised $38 million from investors.
The company, featured on the 2018 GovTech100 list, develops software that allows police to collect, manage, analyze and share information over a cloud-based records system. The new funding is set to accelerate software development, sales and deployments.
The Series C funding round was led by General Catalyst and Jim Breyer of Breyer Capital, with returning investments from Spark Capital, Ashton Kutcher’s Sound Ventures, Bezos Expeditions, Goldman Sachs, retired Gen. David Petraeus, Sheel Tyle’s Amplo, Innovation Endeavors, Govtech Fund, SV Angel, and others.
Mark43 has raised $78 million in its six-year run on the market.
“This latest round of funding, coupled with new growth hires, perfectly positions Mark43 to capitalize on the momentum we were able to generate following our Series B and bring new products like digital evidence management to market,” said Mark43 Chief Executive Officer and Co-Founder Scott Crouch in a press release.
Launched in 2012, Mark43 has deployed its core proprietary software, a records management system and computer aided dispatch system, to 13 public safety agencies across the U.S. It expects another 30 to join sometime this year.