Strider Technologies Secures $55 Million in Series C Funding to Expand Global Intelligence Platform
Slice of Technology Team
09/17/2024
Key Highlights:
- Strider Technologies raises $55M in Series C funding, led by Pelion Venture Partners.
- Expansion of AI-driven global intelligence platform to new geographies in Europe and Asia.
- Pelion Partner, Blake Modersitzki, joins Strider’s Board of Directors.
- Existing investors include AXA Venture Partners, Valor Equity Partners, DataTribe, and Cyfr Capital.
- Strider’s platform empowers organizations to counter nation-state threats.
Source: PR Newswire
Quotes
“ “Strider has created a new market category with its groundbreaking global intelligence platform, which empowers organizations to proactively address nation-state threats.” ”
Blake Modersitzki, Partner at Pelion Venture Partners
Our Take:
Strider Technologies’ latest funding round highlights the growing importance of AI-driven intelligence solutions in today’s geopolitical landscape. As nation-state threats become more pervasive and sophisticated, organizations across industry, government, and academia are in critical need of platforms like Strider’s. The company's ability to secure a significant $55 million investment demonstrates strong market confidence in their innovation. With the addition of Pelion’s Blake Modersitzki to the board and the company’s plans for global expansion, Strider is well-positioned to solidify its role as a leader in strategic intelligence. This funding round will likely accelerate their capabilities and expand their reach in critical global markets.
