AUSTRALIAN INTELLIGENCE FIRM RAISES HALF A MILLION IN SEED FUNDING
CANBERRA, Dec 2018, WorldStack raised half a million dollars in seed round investment from angel investors.
“This round of funding will be used to evolve WorldStack’s intelligence platform, Providence, and expand the team to bolster the software development, intelligence operations, product support and sales areas of the business,” explained Chief Operating Officer and co-founder, Eric Flis.
WorldStack is an Australian based private intelligence and data analytics company specialising in open source intelligence. Its intelligence platform allows analysts to gather, fuse and analyse data from a broad range of sources including surface (social media, forums, news, blogs and websites), deep web and dark web to support decision-making.
The platform uses machine learning, natural language processing, computer vision, data visualisation and graph technologies to help analysts identify insights, trends and high value data quickly.
“From reliable attribution of crime and proactive identification of business and security risks, to intelligence-led recruitment and continuous security vetting of staff, the solutions we’ve developed will have huge, industry-changing effects.” said Dan Holman, CEO and co-founder of WorldStack.
“With this funding injection, we can concentrate on evolving our key platforms with strategic hiring that will see us improving our already industry-leading capabilities. 2019 is going to be a year to remember for WorldStack and our growing client base,” he explained.
Head of PR/Communications, WorldStack
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WorldStack provides intelligence and data analytics solutions for analysts and decision makers. A pioneer in the private intelligence space in Australia, WorldStack applies machine learning, natural language processing, computer vision, data visualisation and graph technologies to real world problems in order to generate insights and improve decision making through actionable intelligence.
Organisations like the Australian Taxation Office, the Department of Agriculture and Water Resources, the Department of Home Affairs, Curtin University and APAC Assistance rely on WorldStack to empower their analysts and decision makers with actionable intelligence, train their staff in tradecraft and provide advice on improving their intelligence capabilities.