Security News > 2020 > October > Cyber Espionage Detection Firm Strider Technologies Raises $10 Million
Strider Technologies, a company that provides solutions for combating cyber-espionage, on Tuesday announced that it raised $10 million in Series A funding.
Aiming to help organizations mitigate innovation theft and supply-chain vulnerabilities, Strider offers a platform suitable not only for corporations, but also for government agencies and research institutions looking to identify, assess, and remediate state-sponsored economic espionage.
Strider, which claims it has seen rapid growth in demand for its platform, plans to invest the new funds in product research and development, looking to add new modules to the Strider Intelligence Platform.
The company will also release Strider Shield, a data-driven product designed to identify high-risk activity and behavior across enterprise systems.
"We founded Strider with a clear mission-create a capability that ensures our customers maintain a competitive edge in a rapidly evolving commercial environment where nation-states are targeting their talent and IP," Greg Levesque, Strider CEO and co-founder, commented.