SALT LAKE CITY — The strategic intelligence company Strider Technologies closed $45 million in Series B financing.
The round was led by Valor Equity Partners, with participation from existing investors DataTribe, Koch Disruptive Technologies, and One9 Ventures, according to Strider Technologies last month.
Costa Saab, CTO at Valor Equity Partners, will join Strider’s board.
Strider will use the funds to enhance its products, introduce new capabilities, and expand its geographic presence to support demand across industry and government markets.
Strider also plans to expand its team of intelligence specialists, data scientists, software engineers, and professional and operational support staff.
To date, Strider, which launched in 2019, has secured $57 million in funding. It has around 65 employees, according to LinkedIn.
Strider’s software is designed to help organizations identify, manage, and respond to nation-state-directed activities targeting their personnel, intellectual property (IP), and supply chains.
The latest investment is “further validation of our critical mission,” said Greg Levesque, co-founder and CEO, Strider Technologies.
Strider is helping companies “close the critical security gaps that nation-state actors have exploited for decades,” said Saab with Valor Equity Partners.