CATEGORIES
- NYC COVERAGE
- WEB STARTUPS
- WEB NEWS
- CONFERENCES
- WEB TECH JOBS
- VENTURE CAPITAL
- MICROSOFT
- INTERVIEWS
- ADVERTISING
- VIDEO
- ALL TOPICS
- ALL COMPANIES
CONTRIBUTORS
- ADRIAN CHAN
- ALICIA NAVARRO
- ALLEN STERN
- CORSIN CAMICHEL
- DRAMA 2.0
- DARREN HERMAN
- HANK WILLIAMS
- MARK DAVIS
- RICK TUROCZY
- SANFORD DICKERT
- SHANNON CLARK
- Comment on YouTube Down for Maintenance by Killer
- Comment on The Absolute Most Awesome Google Maps Mashup Ever by Google Maps Gets A New Layer ? The NYC Subway | CenterNetworks
- Comment on Google Maps Launches NYC Subway/Public Transit Directions by Google Maps Get Layered With the NYC Subway | CenterNetworks
- Comment on T-Mobile USA Outage ? Service Down by khrtt
Send Word Now Raises $14 Million
by Allen Stern on September 29th, 2008
NY-based Send Word Now has announced a $14 million Series D round of funding today. peHUB reports that Send Word Now had previously raised $19 million. Palisade Capital Management led the round, and was joined by return backers Southpaw Asset Management and Ascend Venture Group.
Send Word Now makes SaaS (software-as-a-service) emergency notification, on-demand alerting and response services. They are heavy in the text messaging space and apparently can send hundreds-of-thousands of text messages in minutes when an emergency arises.
Send Word Now CEO Tony Schmitz noted that the new funding will be used for software development, infrastructure, sales and marketing.
Syniverse Technologies offers similar services. Schools, cities, etc use them to manage contacts and send notifications as needed.
Syniverse powers the nationwide Amber Alert SMS system.