TLDR:
- Strider Technologies raises $55 million in Series C funding to enhance its AI-driven global intelligence platform.
- The funding round, led by Pelion Venture Partners, will help Strider expand into Europe and Asia and focus more on the public sector market.
Strider Technologies has secured $55 million in Series C funding, led by Pelion Venture Partners, to further develop its AI-driven global intelligence platform. The company plans to use this funding to expand its presence in Europe and Asia, with a particular focus on the public sector market. Other participants in this funding round include AXA Venture Partners, Valor Equity Partners, DataTribe, and Cyfr Capital.
Strider’s platform is designed to assist organizations, including Fortune 500 companies, government agencies, and research institutions, in protecting against threats from nation-state actors like China, Russia, and Iran. These threats often target critical assets, supply chains, and talent within these organizations. By utilizing a combination of AI, open-source data, and proprietary methods, Strider helps organizations proactively secure their assets and make well-informed decisions.
Since its inception in 2019, Strider has raised a total of $110 million in venture capital, increased its workforce to nearly 200 employees, and established itself as a key player in the global intelligence sector. With this latest funding, Strider aims to continue its growth trajectory and assist organizations in safeguarding their innovations and competing on a global scale.
Overall, Strider Technologies’ successful funding round signifies a strong interest in its AI-driven platform and highlights its potential for further expansion and growth in the intelligence and security market.
