HomeRisk ManagementsStrider secures $55M to fuel AI growth and global expansion - Source:...

Strider secures $55M to fuel AI growth and global expansion – Source: www.databreachtoday.com

Published on

spot_img

Strategic intelligence startup Strider Technologies recently announced that it has secured $55 million in Series C funding to support its research and development in artificial intelligence, expand its presence in the government sector, and fuel its global growth efforts. The Salt Lake City-based company, founded by brothers Greg and Eric Levesque along with Chief Data Officer Mike Brown, aims to leverage this new investment to enhance its automation capabilities, further develop large language models, and build a team of AI analysts to scale its intelligence services exponentially.

With a total of $112 million raised in external funding across four rounds, Strider Technologies is focused on harnessing the power of AI and LLMs to drive strategic intelligence on a larger scale. By building a team of AI analysts trained on the company’s data and methodologies, the company aims to provide more efficient insights and address the challenge of finding experts with the necessary geopolitical and linguistic expertise. This strategic approach will allow Strider to automate intelligence processes, create dynamic data interactions, and better understand geopolitical risks and IP protection.

In addition to its R&D efforts, Strider is also looking to capture a larger share of the government sector by offering open-source intelligence to help agencies identify nation-state risks within commercial supply chains. As governments increasingly rely on open-source military intelligence, Strider sees a significant opportunity to provide valuable insights at scale. The company’s expansion into international markets, including offices in London and Japan, underscores its commitment to addressing economic security concerns on a global scale.

By focusing on open-source intelligence and key areas such as geopolitical risk, IP protection, and vendor due diligence, Strider has positioned itself as a unique player in the strategic intelligence space. Unlike traditional cyber intelligence firms, Strider’s tailored approach to intelligence solutions sets it apart from competitors and offers a compelling value proposition to government agencies and corporate clients alike.

Looking ahead, Strider is poised to leverage its latest funding round to drive innovation in AI research, expand its government sector partnerships, and solidify its position as a leader in global strategic intelligence. With a dedicated team of experts and a clear focus on leveraging the latest technologies, the company is well-positioned for continued success in the evolving landscape of intelligence solutions.

For more information on Strider’s recent funding round and strategic initiatives, visit the original article on Data Breach Today.

Source link

Latest articles

Cybersecurity expert Madison Horn runs for US Congress

In a bid to represent the state of Oklahoma in the United States Congress,...

Sydney-based Compass Group confirms Medusa ransomware attack in exclusive revelation

Sydney-based Compass Group has recently confirmed that they are the latest victim of a...

Russian Hacker Group Using .NET-Built Ransomware to Attack Users

The notorious Russian ransomware group known as Key Group has been causing havoc on...

Is CISA’s Federal Cybersecurity Alignment Plan Effective?

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) recently unveiled a new plan aimed...

More like this

Cybersecurity expert Madison Horn runs for US Congress

In a bid to represent the state of Oklahoma in the United States Congress,...

Sydney-based Compass Group confirms Medusa ransomware attack in exclusive revelation

Sydney-based Compass Group has recently confirmed that they are the latest victim of a...

Russian Hacker Group Using .NET-Built Ransomware to Attack Users

The notorious Russian ransomware group known as Key Group has been causing havoc on...
en_USEnglish