LifeRaft Raises $1.45M in Non-Dilutive Series A Funding Round

LifeRaft, a Halifax, Canada-based open source intelligence provider for the corporate security industry, raised $1.45m in non-dilutive Series A funding.

Mike Durland, Group Head and Chief Executive Officer of Global Banking & Markets at The Bank of Nova Scotia, joined as a major investor and strategic advisor.

The company intends to use the funds to expand its sales and marketing efforts, and to further drive product development to retain and add to the list of major commercial customers around the world.

Founded in 2014 and led by John Gallinaugh, CEO, LifeRaft provides a technology platform that identifies potential threats to people and company assets by gathering actionable intelligence from open source channels such as social media, the deep web, and other digital sources, filtering it so only critical information is identified.



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