Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Risk Intelligence Company Strider Raises $45 Million

Risk intelligence startup Strider Technologies today announced that it has raised $45 million in Series B funding, which brings the total investment in the company to $57 million.

The new funding round was led by Valor Equity Partners, with additional investment from DataTribe, One9 Ventures, and Koch Disruptive Technologies.

Risk intelligence startup Strider Technologies today announced that it has raised $45 million in Series B funding, which brings the total investment in the company to $57 million.

The new funding round was led by Valor Equity Partners, with additional investment from DataTribe, One9 Ventures, and Koch Disruptive Technologies.

Founded in 2019, Strider provides businesses, government organizations, and research entities with the tools and data necessary to identify and respond to attacks. The company advertises its services for protection against state-sponsored cyberespionage.

The company serves organizations in the aerospace, defense, chemicals, energy, government, pharmaceutical, and semiconductor industries.

Strider plans to use the new funds to improve its product line with new capabilities, hire new talent and expand worldwide.

Related: Web Application Security Firm Source Defense Raises $27 Million

Related: ThreatLocker Raises $100 Million for Zero Trust Endpoint Security Solution

Related: Online Fraud Prevention Startup SEON Raises $94 Million

Related: Cyber Espionage Detection Firm Strider Technologies Raises $10 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

Cybersecurity-related risk is a top concern, so boards need to know they have the proper oversight in place. Even as first-timers, successful CISOs make...

Management & Strategy

Microsoft making a multiyear, multibillion dollar investment in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.

Risk Management

A threat-based approach to security often focuses on a checklist to meet industry requirements but overlooked the key component of security: reducing risk.

Cybercrime

Cybercriminals earned significantly less from ransomware attacks in 2022 compared to 2021 as victims are increasingly refusing to pay ransom demands.

Funding/M&A

Thoma Bravo will spend $1.3 billion to acquire Canadian software firm Magnet Forensics, expanding a push into the lucrative cybersecurity business.

Risk Management

CISA has published a report detailing the cybersecurity risks to the K-12 education system and recommendations on how to secure it.

Cybersecurity Funding

Forward Networks, a company that provides network security and reliability solutions, has raised $50 million from several investors.