British data intelligence startup Ripjar raises €31 million Series B to fight criminal threats
Summary
Ripjar, a leading UK-based data intelligence company, today announces that it has raised around €31 million in Series B funding from Long Ridge Equity Partners. Ripjar will also expand its sales and marketing presence in Asia, North America, and Europe, and grow its employee base to support current and future clients. Ripjar’s technology helps leading institutions and government agencies address criminal threats, including money laundering, fraud and terrorism. The pandemic has further accelerated the need for cutting-edge technology solutions to tackle systemic vulnerabilities that have become more evident as businesses and public sector organisations shift to remote digital working. “This investment signals enormous confidence in our world-leading data intelligence technology and ability to protect companies and governments from criminal behaviour which threatens their assets and prosperity.