Raptor Technologies® Receives Strategic Growth Investment from JMI Equity
Company Positioned for Accelerated Growth as the Nation’s Leading Developer of Security Software Solutions for K-12 Schools
HOUSTON, Nov. 19, 2018 (GLOBE NEWSWIRE) — Raptor Technologies, the market leader in U.S. K-12 school security software solutions, today announced that it has received a strategic growth investment from JMI Equity, a growth equity firm focused on investing in leading software companies.
Founded in 2002, Raptor Technologies helps over 24,000 schools to protect their students and staff with innovative visitor, volunteer, and emergency management systems that instantly screen for registered sex offenders, manage custody issues, run background checks on volunteers, and aid in the preparation, response and recovery from emergencies. Since its inception, Raptor has identified and alerted officials to more than 50,000 instances of sex offenders attempting to enter Raptor-protected schools and issued more than 250,000 custody alerts. The Raptor system has also been credited with the arrests of numerous absconded sex offenders that crossed state lines.
“Raptor’s mission is to protect every child, in every school, every day,” said Jim Vesterman, CEO of Raptor. “This growth investment from JMI will help us to achieve this mission even faster while continuing to provide world-class products and customer support to our clients across the United States.”
School safety has catapulted as one of the top concerns for both school officials and parents nationwide. Tragic incidents in schools in every region of the country have highlighted the need to provide safeguards for the protection of students, teachers, and staff.
“JMI is impressed by all that Raptor has accomplished in protecting students and delivering value to customers,” said Bob Nye, General Partner at JMI. “We’re excited to partner with Raptor to drive the next phase of growth and do our part in providing a safe school environment to future generations.”
About Raptor Technologies®
Raptor Technologies is the nation’s leading provider of integrated school safety technologies for K-12 schools across the United States. Founded in 2002, Raptor developed the first Web-based visitor management system designed for schools. The Raptor® system monitors visitors, contractors, and volunteers who enter a building and provides instant screening for sex offender status and custody orders. The system has flagged more than 50,000 registered sex offenders attempting to enter K-12 schools. In fall of 2017, the company unveiled Raptor Emergency Management®, a system that helps schools prepare for, respond to, and recover from an incident with drill management, active incident management, and parent-student reunification tools. It also provides real-time reporting dashboards allowing administrators to track the status and location of every individual in a building in the event of an emergency. In 2018, more than 24,000 schools across the nation trust Raptor to help protect their schools. For more information, visit www.raptortech.com.
About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 140 businesses in its target markets, successfully completed over 90 exits, and raised more than $4 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information, visit www.jmi.com.
