Dataminr Announces $ 475 Million Funding Round, Bringing Valuation to $ 4.1 Billion

New funding will accelerate the growth of the company’s business line, international sales and expansion of the AI ​​platform

NEW YORK, March 23, 2021 / PRNewswire / – Dataminr, the leading real-time information discovery platform, today announced the closing of a $ 475 million funding round one $ 4.1 billion Evaluation. Funding investors include Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global and investment funds managed by Morgan Stanley Tactical Value.

The injection of new capital will fuel the growth of the company’s business line, whose revenue has doubled three years in a row as customers expand the use of Dataminr’s platform in areas of physical safety and security, management of risks and reputational crises, business intelligence and detection of cyberthreats. The company will also invest more in internationalization, expanding its commercial presence in the private and public sectors through the Europe and Asia Pacific regions to meet the growing global demand for its product.

“We live in an increasingly unpredictable world, where Dataminr’s unmatched ability to detect disruption events and critical information well ahead of other sources is more relevant than ever for public and private sector organizations around the world.” , said the founder and CEO of Dataminr. Ted bailey. “Today, more than half of Fortune 50 companies rely on Dataminr, and this additional capital will allow the company to accelerate the growth of its customer base, both in the United States and abroad, as organizations are looking for the fastest, most comprehensive, and most accurate tools. real-time information. ”

Since its inception in 2009, Dataminr has created the world’s leading real-time information discovery platform that detects digital patterns of emerging events and critical information from public data signals. Today, Dataminr’s leading AI platform performs billions of calculations daily on billions of public data entries from more than 100,000 unique public data sources.

The company will use this new capital to continue the rapid expansion of its public data sources on global and regional social media platforms, blogs, web forums, audio and radio transmissions, the deep and dark web, cyber signals and public IoT sensors. Additionally, Dataminr will continue to expand the reach of its AI platform by investing more in areas of AI that the company has pioneered, covering multimodal event detection, multimodal fusion AI and dynamic feedback loops between humans and AI with experts in the field.

“We are only at the beginning of the explosion of public digital data that describes world events in real time,” Bailey said. “Dataminr will use this new capital to continue its mission of integrating all available public data signals to create the leading event and information discovery platform for businesses and public sector organizations around the world.”

The company has been recognized for its revolutionary AI platform and rapid revenue growth and by Forbes IA 50 and Deloitte Rapide 500. At the end of 2019, Dataminr delivered the first digital warning to COVID-19[feminine et a fourni un indicateur avancé précieux sur la croissance imminente du nombre de cas de COVID-19 alors que la pandémie balayait le monde. Parallèlement au produit d’entreprise de Dataminr, Dataminr Pulse, la société fournit aux organisations du secteur public Première alerte pour la première réponse, y compris la Les Nations Unies, qui utilise First Alert dans plus de 100 pays. Dataminr pour les actualités est utilisé dans plus de 650 rédactions et par plus de 30 000 journalistes à travers le monde.

Eden Global Partners a servi de partenaire stratégique pour le tour de table de la série F, et JP Morgan a servi d’agent de placement de la société en ce qui concerne les investissements réalisés par les clients de banque privée de JP Morgan.

Dataminr est la principale plate-forme de découverte d’informations en temps réel au monde, fournissant les premiers avertissements sur les événements à fort impact et les informations critiques bien avant les autres sources. Reconnue comme l’une des principales entreprises d’IA au monde, Dataminr permet une réponse plus rapide, une atténuation des risques plus efficace et une gestion de crise plus solide pour les organisations des secteurs public et privé couvrant les entreprises mondiales, les premiers intervenants, les ONG et les salles de rédaction. Dataminr est l’un des celui de New York les plus grandes entreprises technologiques privées, avec 650 employés répartis dans sept bureaux mondiaux.

Contact: [email protected]

SOURCE Dataminr

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