Irish FinTech Siren secures $10 mn to fund market expansion

Siren

John Randles, CEO of Siren

Ireland-based investigative intelligence platform, Siren, has secured $10 million in its Series A funding round led by growth technology firm Atlantic Bridge along with participation from venture capitalist firms DVI Equity Partners, Frontline Ventures and Enterprise Ireland. The new funding round is expected to enable the FinTech to develop its product propositions, expand into new markets and enhance its position in the augmented analytics market.

John Randles, CEO of Siren, said, “The demand for investigative intelligence and large-scale interconnected data analysis is constantly accelerating. Our platform uniquely enables this in real-time at a scale that companies and government organizations require. In this sector, it is critical to not only raise funds but also to have the right wealth of experience. For this reason, we’re delighted to have Bob Griffin join the board.”

As a part of the investment from DVI Equity Partners, Robert (Bob) Griffin, the Managing Director of the company will join Siren’s Board of Directors with an aim to “shape the future direction of law enforcement, cybersecurity, and financial fraud.”

Dr. Giovanni Tummarello, Co-Founder and Chief Product Officer, at Siren, said, “Siren stands at the forefront of augmented analytics, the new wave of analytics in which AI techniques give analysts unprecedented powers of investigation. In Siren, techniques like knowledge graph/link analysis, entity resolution, search, natural language processing, and predictive analytics seamlessly come together in a single UI. It is easy to deploy and leverages data directly on backends such as Elasticsearch, relational databases, virtual data warehouses, and graph databases.”

Siren 

Established in 2014 in Ireland, Siren provides investigative intelligence platform along with search, business intelligence, big data, and knowledge representation to organizations.

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