Mark43, a cloud-native public safety software company, has announced $101 million in Series E funding led by Tiger Global Management and The Spruce House Partnership. The Radcliff Companies, Australia’s 29th Prime Minister Malcolm Turnbull, and former Lord Mayor of Sydney Lucy Turnbull also participated in this round. They joined Goldman Sachs, General Catalyst, Spark Capital, HighSage Ventures, and Avenir Capital in backing Mark43’s vision for the future of government technology, according to a company statement. To date, the company has raised a total of $257 million.
In partnership with its customers, Mark43 will utilize the funding to develop new products that support community well-being and foster dialogue between public safety agencies and the communities they serve, the statement said.
“Public safety in the United States is evolving more quickly than ever,” said Scott Crouch, CEO and co-founder of Mark43. “With this new capital and key public policy hires, we can continue delivering technology that improves the safety and quality of life for all.”
Mark43 also announced the appointment of Ganesha Martin as its Vice President of Public Policy and Community Affairs. Martin is a change agent working at the intersection of diversity, law, and police reform. Her new role centers on uplifting police and citizen voices to create sustainable, structural change. Previously, Martin served as the Director of the Mayor’s Office of Criminal Justice in Baltimore and led Community Affairs and Compliance at the Baltimore Police Department.
“Mark43 is working to solve one of the most salient and nuanced challenges in American society today,” said Ben Stein, co-founder of The Spruce House Partnership. “Taking a differentiated, thoughtful approach to public safety, Mark43 has solidified its leadership in both the domestic and international public safety technology markets. We are honored to partner with Scott and the Mark43 team and to be a long-term, supportive partner as they continue to develop technology and software that will make communities around the world safer.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.