Strider Technologies

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Overview

Strider Technologies is a strategic intelligence company founded in 2019 by twin brothers Greg Levesque and Eric Levesque. Based in Utah, Strider specializes in leveraging open-source data combined with artificial intelligence to provide crucial insights into state-sponsored risk and supply chain vulnerabilities. As a fast-growing company in the cybersecurity and intelligence sector, Strider has raised significant capital, including a $55 million Series C funding in 2024, led by Pelion Venture Partners.

Recent Developments

  • September 2024: Strider Technologies announced the opening of a Tokyo office, responding to increased demand for its services in Japan, its fastest-growing international market. This expansion is part of its strategy to support economic security solutions across Asia Pacific.
  • August 2024: David Vigneault, the former head of Canadian intelligence, joined Strider as Managing Director. Additionally, the company launched "Strider Impact," an initiative aimed at empowering academic research on national security.
  • May 2024: Strider updated its flagship Risk Intelligence Solution. Promotions included Yvonne Bigbee as Chief Technology Officer and Mike Brown as Chief Data Officer.
  • November 2023: Enhanced services were rolled out aimed at supporting economic security teams to mitigate state-sponsored risks, focusing on training, strategy development, and organizational education.
  • October 2023: The company launched a new Data Catalog targeted at aiding government agencies in identifying state-sponsored risks.

Company Information

AttributeInformation
Founding Date2019
HeadquartersSouth Jordan, Utah, USA
FoundersGreg Levesque and Eric Levesque
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsPelion Venture Partners, AXA Venture Partners, Valor Equity Partners, DataTribe, Cyfr Capital
IndustryStrategic Intelligence and Cybersecurity
Number of Employees51-200

Early History

Strider Technologies was founded in 2019 by Greg and Eric Levesque, driven by their backgrounds and language skills in strategic intelligence. The company was initially headquartered in Washington D.C., before moving to Utah in 2021. Early on, Strider raised $2 million in seed funding, which was used to develop their proprietary technologies aimed at countering intellectual property theft from state-sponsored actors.

Company Profile and Achievements

Strider Technologies provides strategic intelligence solutions using a combination of open-source intelligence and AI, designed to safeguard intellectual property and secure supply chains against state-sponsored threats. Its flagship products include:

  • Spark AI: A generative AI-powered tool that provides answers to critical supply chain queries.
  • Ranger and Shield: Risk intelligence and email security solutions that assist organizations in managing threats linked to state actors.
  • Supply Chain Intelligence: This helps in screening supply chains for security, reputational, and compliance risks. Over the years, Strider has partnered with Fortune 100 companies and has secured strategic agreements, significantly enhancing its market reach.

Current Operations and Market Position

Strider Technologies continues to expand its global footprint, with offices operational in Salt Lake City, Washington D.C., London, and Tokyo. The company works extensively with government agencies, universities, and private sector clients to mitigate risks associated with intellectual property theft and geopolitical threats. Recent funding has been used to further develop its AI-driven platform and expand operations in Europe and Asia.

Conclusion

Strider Technologies stands out in the intelligence and cybersecurity industry as a key player in providing actionable insights through strategic intelligence. With its innovative solutions and global expansion, including the recent establishment in Japan, Strider is well-positioned to address the increasing demands for security intelligence amidst global strategic competition. Looking forward, the company aims to continue scaling its operations and refining its technology to meet the diverse needs of its global clientele, ensuring strong growth and influence in the market.

References

  1. Strider Technologies
  2. Venture Capital Analysis
  3. Company Expansion Announcements
  4. Funding Information
  5. Corporate Announcements