Actual-time occasion and danger detection options supplier Dataminr on Tuesday introduced plans to amass risk intelligence agency ThreatConnect for $290 million in money and fairness.
Dataminr has developed a platform that leverages AI to course of public knowledge alerts searching for crucial occasions and threats, each within the bodily and cyber worlds. It targets occasions reminiscent of pure disasters, civil unrest, vulnerabilities, knowledge leaks, and monetary market-moving occasions.
Earlier this yr, Dataminr introduced elevating $85 million in a funding spherical that introduced the overall funding within the firm to over $1 billion.
Arlington, Virginia-based ThreatConnect supplies a platform designed to assist safety groups combination, analyze and act on cyber risk intelligence.
The corporate has raised greater than $20 million in funding. Its options are utilized by 250 enterprises and authorities organizations, together with Nike, Wells Fargo, Wyndham Resorts, and authorities companies within the US, UK, and Australia.
The objective of the acquisition is to mix Dataminr’s knowledge alerts platform with ThreatConnect’s deep inside knowledge capabilities to create agentic AI-powered intelligence that’s tailor-made to the wants of every buyer.
“By uniting our AI platform with the capabilities of ThreatConnect, Dataminr will fuse exterior public knowledge alerts and inside consumer knowledge to pioneer the first-ever real-time Consumer-Tailor-made intelligence,” stated Ted Bailey, founder and CEO of Dataminr.
“The way forward for Dataminr’s real-time intelligence will probably be extra related and actionable than ever earlier than—enabling our shoppers to not simply perceive what is going on, however what it means to them, and the way they need to reply,” Bailey added.Commercial. Scroll to proceed studying.
SecurityWeek’s cybersecurity M&A tracker incorporates info on greater than 330 offers introduced to this point this yr. Seven of these acquisitions concerned risk intelligence corporations.
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