Giant Oak Closes $10 Million in Growth Capital from Edison Partners
Summary
ARLINGTON, Va.--(BUSINESS WIRE)--Giant Oak, a leader in applying artificial intelligence, machine learning, and big data analytics for the security needs of government and industry, announced today a $10 million investment from leading growth equity investor Edison Partners. "Giant Oak has built a security solution that is not only changing but disrupting the way government and industry mitigate risk when performing background investigations on the Internet," said Vander Schaaff. Were excited to help Giant Oak further accelerate and scale growth.” GOST, a patent pending SaaS platform, combines behavioral science, artificial intelligence and machine learning algorithms that constantly improve themselves across each domain and each search, leading to better results and user experiences. The platform allows users to build custom information domains for high-speed, large-scale, and customer-specific screening, minimizing false positives in investigations to optimize human time and conduct continuous evaluation on large entity data sets. “Their team possesses expertise in our business model and target markets, and access to their Edison Edge platform gives us an extra boost of capability to realize our vision and growth plans.” Dr. Shiffman, a Georgetown University professor and former Chief of Staff at the U.S. Customs and Border Protection, has worked on anti-terrorism and homeland defense issues, advised U.S.