Ripjar, a Cheltenham, Gloucestershire, UK-based technology provider of risk and threat intelligence solutions, received a follow-on majority investment from Long Ridge Equity Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Ripjar provides a data intelligence platform helping organisations and governments automate the detection, investigation, and monitoring of threats from criminal activity. It develops software products that combine automation, artificial intelligence, and data visualisation to help companies solve complex risk and security management problems at scale.
The company also announced Tom Obermaier joining the business as its new CEO. He succeeded Co-Founders Jeremy Annis and Tom Griffin. Ripjar’s former CEO, Jeremy Annis, will continue to serve on Ripjar’s Board of Directors.
FinSMEs
04/11/2024