Siren, a Galway, Ireland-based provider of semantic data investigation technology, raised €3M in seed funding.
The round was led by the Atlantic Bridge University Fund.
The company intends to use the funds to bring its technology in new sectors, as an addition to their existing work with law enforcement agencies.
Led by Founder and Chief Product Officer Giovanni Tummarello and CEO John Randles, Siren has developed a platform that allows customers to leverage relationships across multiple data sets, enabling three distinct types of data intelligence:
- operational intelligence (e.g. system monitoring, cybersecurity, process monitoring),
- research intelligence (e.g. discovery of trading opportunities, life sciences drug research, KYC and counterparty risk management) and
- fraud intelligence (used by police, state security services, regulators and compliance teams).