Ontic Technologies Announces New Venture Capital Financing from Village Global, VC Firm Backed By Gates, Hoffman & Bezos
Funds Will Accelerate Growth of the Protective Intelligence Technology Platform
Austin, TX, 2 May 2018 – Ontic Technologies, the protective intelligence technology platform, today announced that it has closed a round of funding with Village Global, the venture firm backed by some of the world’s most successful entrepreneurs, including Jeff Bezos, Bill Gates, Eric Schmidt and Anne Wojcicki.
Ontic provides protective intelligence, combining disparate data sources to surface real-time, actionable insights so security teams can better discover, investigate and collaborate to protect executives, employees and students.
This round of funding will be used to accelerate product development, add new customers, and hire additional talent. It comes on the heels of their continued growth with customers and the addition of key strategic hires to the business. In addition to capital, the new partnership will provide Ontic Technologies with advisory and resourcing to building out teams, acquiring customers and future capital.
“Ontic Technologies brings innovative technology, deep domain expertise and impressive traction with customers. They created the category of protective intelligence – applying advanced technology to proactively enhance personal safety and security for campuses, businesses, events and business trips.” said Anne Dwane, Co-Founder & Partner at Village Global.
“We feel very fortunate to have the backing of Village Global and the luminaries behind them,” said Lukas Quanstrom, Ontic Technologies Co-Founder and COO. “The network has already provided value to Ontic and in turn, our customers. Their support helps us bring more solutions to the market, fast.”
About Ontic Technologies
Ontic exists to keep people safe. In today’s world, you, your company, your employees, your students, or your physical assets may come under some kind of threat or attack. Investments in physical and other security systems have already been made to protect these critical assets — but are they working together, proactively, preemptively? Ontic provides proactive protection that leverages deep analytics and intelligence to discover signals, investigate risk, and initiate immediate, collaborative action. Ontic combines augmented intelligence, machine learning, and advanced data management — designed to support your legacy investments to create a new level of security for your world that saves money, time, and ultimately, lives.
Based in Austin, TX, Ontic works to ensure corporations and institutions most prized assets are safe: their people.
Learn more at www.ontic.ai
About Village Global
Village Global is an early stage venture capital firm backed by some of the world’s most successful entrepreneurs, including Jeff Bezos, Michael Bloomberg, Bill Gates, Reid Hoffman, and Anne Wojcicki.
Organized as a network, not a traditional VC firm, Village offers founders connected capital. In addition to dollars, VIllage Global extends a founder’s network to access potential hires, customers, partners and follow-on investors.
Learn more at www.VillageGlobal.vc