Security intelligence platform Ontic has raised $230 million in Series C funding led by KKR, with participation from JMI Equity, Silverton Partners, Ridge Ventures and Ten Eleven Ventures, the company announced. The Austin-based company will use the funding to accelerate investment in artificial intelligence and expand its international presence.
Ontic’s Connected Intelligence platform helps security teams monitor, analyze and respond to physical threats concerning personnel and facilities by aggregating open-source intelligence and external threat signals with internal data from HR, legal, IT and facilities systems. The platform spans risk intelligence, incident management, investigations and case management to provide a unified view of the risk landscape.
“Security leaders are being asked to do more than ever — track growing volumes of data, work with limited resources and still show up as strategic partners to the business,” Lukas Quanstrom, CEO and co-founder of Ontic, said in a news release. The funding builds on Ontic’s $40 million Series B round completed in November 2021; and KKR is funding the investment through its Next Generation Technology III Fund.
