Thursday, June 16, 2011

ShotSpotter Locates $7M

Mountain View-based ShotSpotter, which makes systems used by public safety agencies and others to locate the source of gunfire, has raised $7M in funding, the firm said this morning. The firm said the firm also added $3.5M in a credit facility for the firm. The firm said the funding came from existing investors, including City Light Capital, Claremont Creek Ventures, Labrador Ventures, Lauder Partners, Levensohn Venture Partners, Norwest Venture Partners, and The Westly Group. ShotSpotter is headed by Ralph A. Clark. More information »