Security startup LifeRaft announced it has secured $1.4 million in Series A financing.
LifeRaft identifies potential threats to public safety by gathering actionable intelligence from all major social media channels, including Twitter, Instagram, YouTube, and classifying it to determine risk level. LifeRaft helps organizations understand the conversations happening about them online with the goal of improving safety for their employees and assets.
The company revealed that it intends to use the funds to expand its sales and marketing efforts and to drive product development to retain and add to the list of its major commercial customers around the world.