Rave Mobile Safety, Inc.
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Rave Mobile Safety, Inc. - overview
Established
2004
Location
Framingham, MA, US
Primary Industry
Software
About
Rave Mobile Safety, Inc. is a US-based provider of critical communication and collaboration solutions designed to enhance safety across educational, healthcare, and government sectors. Founded in 2004 and headquartered in Framingham, US, Rave Mobile Safety, Inc. provides advanced safety solutions.
The company was acquired by Motorola Solutions, Inc. in December 2022 to reinforce its presence in public safety. Todd Piett leads Rave Mobile Safety as CEO. Rave Mobile Safety specializes in critical communication and collaboration solutions aimed at enhancing safety for educational institutions, healthcare facilities, and local government entities.
Their core product offerings include the Rave Panic Button, Rave Guardian, and Smart911, which collectively facilitate rapid communication during emergencies. The Rave Panic Button enables users to alert emergency services and notify designated contacts with a single button press, streamlining incident response in critical situations. Rave Guardian enhances safety through features such as location tracking and two-way communication, while Smart911 provides first responders with essential information about callers, including health details and location data, thus improving response times. These products serve a diverse clientele, including K-12 schools, higher education institutions, healthcare providers, and municipalities across the United States.
Rave Mobile Safety generates revenue primarily through subscription-based models for their safety communication solutions. Clients, including educational institutions and local governments, typically engage in annual subscription agreements that provide access to the various platforms depending on their specific needs. For instance, K-12 schools may subscribe to Rave Alert for mass notification and Rave Panic Button for emergency responses, while higher education institutions often utilize Rave Guardian for campus safety. The revenue structure is designed to ensure ongoing support and updates, thereby enhancing customer satisfaction and retaining clients.
Specific pricing plans and transaction details are tailored to the customer's requirements, fostering a B2B relationship that emphasizes long-term partnerships. Following its acquisition by Motorola Solutions, Inc. on December 14, 2022, Rave Mobile Safety plans to expand its market reach and impact by leveraging its integration with a leading public safety and enterprise security company. The recent funding of USD 4.
00 mn will support the development of new safety communication products and enhancements to existing offerings, aimed at broadening their capabilities in critical incidents.
Current Investors
Motorola Solutions, Inc., TCV, Bain Capital
Primary Industry
Software
Sub Industries
Security Services, Social Networking & Communication Platform, Connectivity Software
Website
www.ravemobilesafety.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Rave Mobile Safety, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Rave Mobile Safety, Inc. | - | ||||||||
| Add-on | Completed | CutCom Software, Inc. | - | ||||||||
| Secondary Buyout | Completed | Rave Mobile Safety, Inc. | - |
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Rave Mobile Safety, Inc. - employee data


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