Flock Safety Raised $150M, ProArch Got $25M, and More Atlanta Tech News
Money is flowing into the Peach State last week with $200 million in fresh capital invested in Atlanta startups announced last week alone. Get your fill on more local tech news below. This is the Built In Atlanta weekly refresh.
ProArch secured $25M. ProArch announced it received a $25 million growth round investment from Atlanta-based MSouth Capital. The round will be used to finance the growth of the IT services firm and build up its delivery, sales and marketing resources. Additionally, ProArch is using the fund to hire and add to its 350-person team. [Built In Atlanta]
Voxie pulled in $25M. Voxie, a local automated text marketing startup, pulled in $25 million for its Series A raise from Tom Noonan, the founder of Internet Security Systems, Endgame and TechOperators. The startup uses AI and the natural language between businesses and their customers to hold personalized text conversations with their target audience. [Built In Atlanta]
Atlanta Tech Quote of the Week
Flock Safety raised $150M. Security startup Flock Safety announced its Series E raise of $150 million last Tuesday. The unicorn company, which helps homeowners associations, police departments, businesses and property managers combat documented crime, is now valued at $3.5 billion and will use the funding to expand its security hardware solutions. Tiger Global led the round. [Built In Atlanta]