LiveSafe gets $5.25 mln Series B financing from FedEx CEO Smith

LiveSafe Inc, the Arlington, Virginia, provider of a mobile-safety-and-security-communications platform for application at enterprises and event facilities and arenas, received $5.25 million of Series B venture financing from an affiliate of Frederick W. Smith, chairman and CEO of FedEx Corp. Smith also will join LiveSafe’s board. FedEx is the Memphis, Tennessee, package-delivery and logistics company.

Press Release

ARLINGTON, Va., April 5, 2016 /PRNewswire/ — LiveSafe, Inc., the world’s leading mobile safety communications platform, has received $5.25 million in Series B venture financing from an affiliated entity of FedEx Corp. Chairman, President and Chief Executive Officer Frederick W. Smith.

Smith will also become a member of LiveSafe’s board of directors, helping guide the company on its fast-rising path to success.

“LiveSafe helps companies and employees to have a more direct role in safety and security and is without question a significant innovation in the way we look at crowdsourced intelligence gathering,” Smith said. “LiveSafe not only allows for safety and security, it empowers employees and potentially helps prevent workplace incidents ranging from violence to misconduct to accidents.”

LiveSafe enables two-way, real-time interaction between individuals and security and facilities teams. The convenience of using a smartphone to ask for help is a game-changing way to open up communication on safety- and security-related concerns. Users can send text, photos and videos and precise location information, to report incidents ranging from routine maintenance needs to suspicious activity to safety threats.

“The world has never been more connected than it is today, and LiveSafe takes that connectivity to the next level by allowing companies and employees to feel empowered to do something about their own safety and security,” LiveSafe CEO Carolyn Parent said. “The fact that Mr. Smith recognizes the significance of this technology is an incredible honor. He revolutionized the global logistics space and now sees the potential for LiveSafe to revolutionize how we view our safety and security.”

Businesses, hospitals, malls, college campuses and large sports and entertainment arenas use LiveSafe’s platform to create a safer environment for more than a million people.