New Investment to Accelerate Hiring, Product Roadmap, and Global Expansion
AlertMedia, the world’s leading provider of emergency communication software and threat intelligence solutions, announced it has signed an agreement to receive a significant strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused on growing industry-leading enterprise software, data, and technology-enabled businesses. With Vista’s partnership, AlertMedia will continue its rapid investment in hiring, accelerating its product roadmap, and additional expansion into new markets—helping organizations of all sizes protect their people and assets during critical events.
“For years, organizations slowly increased focus on employee safety and emergency preparedness. With the COVID-19 pandemic, protecting the health and safety of employees while maintaining the ability to serve customers in a crisis has become an organizational imperative and competitive advantage”
AlertMedia supports critical communications for thousands of organizations in more than 130 countries, including iconic brands such as Walmart, JetBlue, Coca-Cola Bottling, DHL, and Volvo. The company’s technology enables businesses to quickly identify risks to their people or locations, communicate instantly with those impacted, and minimize response times during emergencies and other business-critical events.
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“We help organizations communicate more effectively during emergencies, which has never been more relevant given the volume and severity of crises around the world,” said Brian Cruver, CEO and founder at AlertMedia. “Vista shares our belief that every business should ensure its employees are safe, informed, and connected—and that emergency communication software has the power to improve outcomes. We are thrilled to have the experience of the Vista team on our side, providing guidance and support as we continue to build AlertMedia into a best-in-class global enterprise.”
The investment in AlertMedia comes from Vista’s Foundation Fund, which invests in middle-market enterprise software, data, and technology-enabled companies.
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“For years, organizations slowly increased focus on employee safety and emergency preparedness. With the COVID-19 pandemic, protecting the health and safety of employees while maintaining the ability to serve customers in a crisis has become an organizational imperative and competitive advantage,” said Ryan Atlas, Managing Director at Vista Equity Partners. “At Vista, we invest in category-leading companies to help accelerate innovation and maximize growth. We are excited to partner with Brian and the AlertMedia team to help companies protect their people and maintain business continuity.”
Existing investors JMI Equity, Next Coast Ventures, Silverton Partners, and Founder/CEO Brian Cruver will retain a significant stake in the company. The transaction is expected to close in the second quarter of this year. JP Morgan served as the exclusive financial advisor to AlertMedia, and Raymond James served as the exclusive financial advisor to Vista Equity Partners.
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