Tuesday, July 19, 2005

RedSky Secures Funding for E911 Management

RedSky Technologies, a provider of automated E-911 software solutions for enterprise and government customers, secured its first round of venture capital financing from two major Midwest-based venture capital firms, CID Equity Partners and Dunrath Capital. Financial terms were not disclosed.

RedSky said it will use the investment to accelerate its expansion into the VoIP market, where it will provide location services to enterprises using IP telephony for their corporate telecommunications as well as IP service providers looking to offer E-911 capability to their customers.

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