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Passing triple-digit valuation, Israeli startup Carbyne aims to disrupt traditional 911 service with app-free emergency video chat. Oshry Alkeslasi /
Israeli startup
Carbyne, which develops a cloud-based platform that offers citizens a direct channel to emergency services, closed a $25 million Series B round. The investment was led by
Hanacao Ventures and
GMI Ventures, former CIA Director David Petraeus, and existing investors - including Peter Thiel’s
Founders Fund and
Turning crisis into opportunity
Carbyne’s platform enables emergency related calls to transfer from regular phone to video and helps 911 operators provide initial telemedicine treatment. Instead of needing to download a dedicated app for this service,
Emergency calls tech co Carbyne raises $25m
The expansion of the company s B round was led by Hanaco Ventures and ELSTED Capital Partners.
Israeli company Carbyne, a developer of technology for smart communications with emergency sites, announced on Thursday that it had raised $25 million in an expansion of its B round. The raise was led by Hanaco Ventures and ELSTED Capital Partners, with participation from KKR chairman David Petraeus and all existing investors, including Peter Thiel s Founders Fund, and FinTLV.
Absent from the round was former prime minister Ehud Barak. Barak was the public face of the startup in its first years, but last May he stepped down as chairman. Barak was an investor in Carbyne from its seed stage, but at the same time as he resigned as chairman his stake in the company was sold to new investors. Carbyne co-founder and CEO Amir Elichai took over as chairman as well.
(Reuters) - Affirm Holdings Inc, a U.S. provider of installment loans to online shoppers, said on Wednesday it sold shares in its initial public offering (IPO) at $49 apiece, above its target range, to raise $1.2 billion.