Adarga, a London, UK-based AI software platform for defense and national security, announced that it secured $20 million in a new funding round led by BOKA Group, for Adarga's market-defining information intelligence platform.
The funding will support Adarga's rapid growth as it addresses the critical need to interpret vast amounts of global information quickly, enabling organizations to understand emerging threats, mitigate risk, and maintain competitiveness in an increasingly complex geopolitical environment.
Adarga Founder and CEO Rob Bassett Cross MC said: “I’m delighted that we’ve secured funding to drive the continued development of our product and delivery of our mission. To have attracted investment now is a strong testament to the urgent need and overwhelming demand for our ground-breaking information intelligence tools to augment decision-making. I’m immensely proud of the company-wide sense of purpose that’s inspiring powerful AI innovation to strengthen our national security and increase the resilience of our commercial customers in today’s complicated threat-landscape.”
Adarga's information intelligence platform utilizes artificial intelligence to streamline the information processing workflow. It empowers analysts and researchers to generate faster and higher quality insights from vast volumes of in-house and open-source data.
The platform automatically extracts, translates, summarizes, and connects millions of data points, enabling sophisticated interrogation and analysis with full transparency. It enables organizations to build dynamic risk profiles, incorporating organizational knowledge and learnings, to drive more confident decision-making.
Company: Adarga Limited
Raised: $20.0M
Round: Unknown
Funding Month: May 2023
Lead Investors: BOKA Group
Additional Investors:
Company Website: https://adarga.ai/
Software Category: Big Data Analytics Software
About the Company: Founded by Rob Bassett Cross MC, Adarga is an artificial intelligence (AI) company specializing in information intelligence. Its market-defining knowledge platform enables public and private sector companies to unlock valuable and often mission-critical insight from the huge volumes of in-house and open-source information at their disposal – extracting and connecting millions of data points in context and presenting them in comprehensible formats. Its sophisticated and expansive interrogation tools help analysts, researchers, and planners to accelerate research and reporting, perform complex situational analysis, and understand intricate networks to inform better decision-making.
Source: https://adarga.ai/article/20m-in-new-funding-for-adarga-ai