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Venture Capital News: Ontic Receives $40M Series B Round

2021-11-16
AUSTIN, TX, Ontic has raised $40 million in a Series B funding round.
Ontic, the protective intelligence software innovator transforming how companies actively identify, investigate, assess, watch and manage physical security threats, has raised $40 million in a Series B funding round to accelerate its expansion and mission to make businesses safer by serving intelligence to those who protect. The investment is led by JMI Equity, a growth equity firm focused on investing in leading software companies. Felicis Ventures, Silverton Partners and Ridge Ventures also participated in the round.

Named the top industry innovator in the Frost Radar™: Digital Intelligence Solutions, 2021, Ontic is the first protective intelligence software company to transform how Fortune 500 and emerging enterprises address physical threat management to protect employees, customers and assets. Ontic's SaaS-based platform collects and connects threat indicators to provide a comprehensive view of potential threats while surfacing critical knowledge so companies can assess and action more to maintain business continuity and reduce financial impact. Ontic provides strategic consulting, multidimensional services, education and thought leadership for safety and security professionals through its Center for Protective Intelligence and Center of Excellence, the latter of which also offers program development and training services in behavioral threat assessment, threat management, and violence prevention for major corporations, educational institutions and government agencies.
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