Siren, a Galway, Ireland-based investigative intelligence company, received EUR 12M in funding.
The European Investment Bank provided the financing.
The company intends to use the funds for the further development of its platform at the new global R&D centre in Galway, to increase headcount by 50% over the next two years, to elevate the brand and to market its capabilities to a wider global audience. Meaningfully, Siren will provide increased value for clients specifically in cyber threat intelligence, operational monitoring, financial crime, and law enforcement and intelligence.
Led by CEO John Randles, Siren provides an intelligence platform to law enforcement agencies and organisations responsible for maintaining public safety around the world. The company allows investigators to make complex searches, organise the results visually and create advanced reports to share findings with their teams. The platform is also used by corporations to protect their assets and networks against fraud and cyber threats.
Siren has partnered with US based non-profit organisations like the Anti-Human Trafficking Intelligence Initiative (ATII) and the National Child Protection Task Force (NCPTF) who use its patented technology to solve complex intelligence problems, identify traffickers and reduce human trafficking.
FinSMEs
26/02/2023