Israeli smart city co Reporty raises $5.15m

Ehud Barak  picture: Eyal Yitzhar

The homeland security startup's chairman, the former Israeli Prime Minister and Defense Minister Ehud Barak, led the investment.

Israeli smart city startup Reporty has raised $5.15m in a Series A financing round led by its chairman, former Israeli Prime Minister and Defense Minister Ehud Barak. The Tel Aviv based homeland security company has raised $7 million to date with the participation of investors from the US, Asia, Europe, and Israel.

The company intends to use the funds to continue to develop its solution and bring it to market.

Led by CEO Amir Elichai and CTO Alex Dizengoff, Reporty provides a national system to enhance first response to emergency events through real time video and audio. The app, now launching in 160 countries, allows users to instantly and automatically transmit critical information to local dispatchers through real time video and audio from the scene, including a pinpointed location accurate to one meter (including indoor floor levels). If the dispatcher is receiving multiple reports for the same car accident, he/she can select the report with the best quality transition or one with the highest reliability score.

The solution features a free Android or iOS app, dispatch control system, and a call transferring/rerouting/prioritizing system which can pinpoint indoor and outdoor locations.

Published by Globes [online], Israel business news - www.globes-online.com - on September 27, 2016

© Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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Ehud Barak  picture: Eyal Yitzhar
Ehud Barak picture: Eyal Yitzhar
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