CrimeReports.com Raises $7.2 Million In Second Round For Crime Mapping
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CrimeReports.com—which lets people find listings of nearby crimes by typing in an address—has raised $7.2 million in a second round of funding led by Austin Ventures. Existing investor vSpring Capital also participated. CrimeReports.com is ad-free, although the startup charges law enforcement agencies between $49 and $199 a month to post their crime data on the site, under the assumption that they will pay in order to improve communication with constituents.
So far, 500 agencies—including the Boston Police Department—have signed up. (See an implementation by the Cleveland Police Department here). The startup says it will use the new funds to “expand its offerings to address the growing demand within the law enforcement community to adopt cutting-edge web-based social networking tools.” Release (PDF).
Posted In: Money, M&A & Venture Capital, Venture Capital
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