Fermata Discovery Raises $3M Seed Round, Backed by Lead Intelligence Investors
Summary
-- Fermata Discovery Inc. creates digital tools for investigators, attorneys and intelligence professionals to aggregate, analyze and visualize case data, enabling them to run down leads with unprecedented speed. The companys first product, VIXN (Visualize Intelligence "across" Networks), excels at cases involving crime rings, conspiracy, fraud, missing persons and human trafficking, and is in-use at a number of local law enforcement agencies, private sector intelligence firms and non-profit organizations, including the Cold Case Foundation and PINK Justice.Fermata recently raised a $3M seed round, led by New North Ventures, a team headed by ex-CIA executive Brett Davis and long-time entrepreneur Jeremy Hitchcock, along with former CIA executive Stephanie Bellistri. "We are excited to partner with Fermata Discovery, a world-class female-founded company that is bringing a new level of innovation and creativity to technology solutions for the investigative community," said the New North Ventures team. We believe Fermatas VIXN platform has the potential to transform and accelerate human engagement with both open-source and proprietary data, dramatically improving the quality and speed of investigations across key sectors ranging from law enforcement and the IC to financial institutions and non-profit organizations. The Fermata Discovery team includes MIT-trained engineers, federal law enforcement agents, investigators, and private sector executives.