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Carbyne raises $20 million, four months after closing $25 million Series B

Carbyne raises $20 million, four months after closing $25 million Series B

Global Medical Response, the largest private emergency medical services provider in the U.S., led the funding and will also partner with the Israeli startup to develop advanced and widely applicable interactive communication solutions

Meir Orbach | 15:59  15.06.2021
Emergency response technology company Carbyne has announced an additional $20 million investment in the company, four months after raising $25 million in a Series B round. The new funding was led by Global Medical Response (GMR), the largest private emergency medical services provider in the U.S., and the two will partner to develop advanced and widely applicable interactive communication solutions for the health and medical sectors, as well as to construct new dedicated domestic resources. This raise includes additional participation from Hanaco VC, Intercap VC, Elsted Capital and more. Former Israeli Prime Minister was among the early investors in the company.

To date, Carbyne has raised a total of $73 million since its launch in 2015. The company’s January 2021 funding directly supported product development and the growth of Carbyne’s global workforce, and ultimately increased revenue by 70% in the first quarter. Carbyne expects this to triple by the end of the year. 
Carybne co-founders Amir Elichai (from right), Yony Yatsun and Alex Dizengoff. Photo: Avishai Finkelstein Carybne co-founders Amir Elichai (from right), Yony Yatsun and Alex Dizengoff. Photo: Avishai Finkelstein Carybne co-founders Amir Elichai (from right), Yony Yatsun and Alex Dizengoff. Photo: Avishai Finkelstein

With this new round of funding, Carbyne is introducing an instantly deployable platform for simple unified flow between callers, health-related call centers, first responders, nurses and hospitals, optimizing operational efficiency for superior response time. To facilitate and scale the venture, Carbyne’s Chief Technology Officer and Co-Founder Alex Dizengof will relocate from Tel Aviv to the United States and grow a devoted North American Research & Development Center. At the same time, Global Medical Response’s Chief Operating Officer Edward Van Horne will join Carbyne’s board of directors to provide national EMS expertise These shifts will allow teams to work more closely with domestic partners and develop advanced systems for modern emergency collaboration.

Founded by Amir Elichai (Chairman & CEO), Alex Dizengoff (CTO), Yony Yatsun (R&D Manager) and Lital Leshem (Shareholder), Carbyne enables first responders and Emergency Call Centers to connect with the caller via highly secure communication omni-channel with no app required. With a mission to redefine emergency collaboration, Carbyne provides a unified cloud-native solution that enables ECCs, first responders, citizens and the state to share live actionable data that can lead to more efficient, transparent operations and ultimately save lives.

“Carbyne has built the collaboration ecosystem that emergency and medical services have been waiting for. Our cloud-based platforms have been designed to create live collaboration and interoperability allowing us the opportunity to expand into new areas," said Amir Elichai, CEO and co-founder of Carbyne. "This new alliance with GMR brings to health services a new dimension of live call management between callers, emergency telecommunicators, agencies like EMS, nurses, hospitals and even insurance payers. This leap in emergency communication technology will save lives, immediately. It will help agencies collaborate better and share data and resources more efficiently - all with the end goal to better help callers in need.”

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