Varkain Contributes $250,000 toward Seed Round for ShotPoint
Las Vegas, Nev (PRWEB) September 28, 2016 -- Varkain, a venture capital group based in Las Vegas, has contributed $250,000 toward the Seed Round for Databuoy makers of ShotPoint, a shooter localization system company. Databuoy was part of the Quake Capital Accelerator program.
"With deadly mass shooting incidents on the rise, there is a need for a game-changing technology,” Kathleen Griggs, ShotPoint’s President and Founder, said. “Databuoy’s innovative ShotPoint shooter localization system transforms the way we safeguard the pubic from mass shooters. ShotPoint instantly communicates clear and precise alerts that can cue cameras, lockdown systems, and notifications for a quick and effective response. ShotPoint will dramatically reduce response times and enable the use of automated systems that will save countless lives in the future.”
"We definitely see where a system like this would be in high demand in our current climate, and not just domestically,” Laurie Hinckley, General Partner of Varkain, said. “We definitely see this company performing very well and are pleased to help them get their product out to the masses.
For more information on ShotPoint, visit https://databuoy.us/.
ABOUT VARKAIN
Varkain is a venture capital group based in Las Vegas. They typically seek investments in Pre-Seed or Seed Round funding. For more information on Varkain, visit varkain.com.
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Amy Veloz, Quake Interactive, http://quakeinteractive.com, +1 (702) 338.5432, [email protected]
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