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Interos Raises $100 Million to Protect Supply Chains from Physical and Cyber Disruption, Child Labor and Other ESG IssuesARLINGTON, Va., July 22, 2021 (GLOBE NEWSWIRE) -- Interos, the supply chain risk management and operational resilience technology company, today announced Series C financing of $100 million led by NightDragon. Current investors, including Kleiner Perkins and Venrock, are also participating. This financing brings Interos’ valuation to over $1 billion, and establishes the company as a unicorn. Female-led Unicorns Are Extremely Rare Global Supply Chain Severely Strained Impacting Both Businesses and Consumers Interos Protects Global Supply Chains from Disruption Interos Proactively Reveals Physical, Cyber and ESG-Related Supply Chain Risks Supply Chain Risk Now a Board Imperative “COVID-19 and other macro and digital supply chain disruptions over the past year have caused boards of directors and other leaders to awaken to the tremendous impact supply chain disruptions can have on operational resilience, business performance and reputation,” said Jennifer Bisceglie, CEO of Interos. “Manual and annual supply chain risk monitoring is urgently moving to automated and continuous, and that can only be accomplished through AI/ML-based technology. This funding will allow us to accelerate our mission of helping organizations fix supply chain issues before they cause operational disruption.” Interos Experiencing Explosive Growth “Over the past year, we have seen that supply chain risk represents one of the biggest gaps for cybersecurity and business resiliency in history,” said Dave DeWalt, Founder and Managing Director, NightDragon. “We are proud to partner with Interos to accelerate their business and help companies around the world close the gap when it comes to supply chain risk.” About Interos Interos is the operational resilience company — reinventing how companies manage their supply chains and business relationships — through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. Reducing months of backward-looking manual spreadsheet inputs to instant visualizations and continuous monitoring, the Interos Operational Resilience Cloud helps organizations reduce risk, avoid disruptions, and achieve superior enterprise adaptability. Businesses can also uncover game-changing opportunities to radically change the way they see, learn and profit from their relationships. Based in Washington, DC, Interos serves global clients with business-critical, independent relationships across their primary operational areas: supply chain, financial, cybersecurity, regulatory and ESG compliance, and geographical. The fast-growing private company is led by CEO Jennifer Bisceglie and supported by investors Venrock and Kleiner Perkins. For more information, visit www.interos.ai. About NightDragon NightDragon is an investment and advisory firm focused on growth and late-stage investments within the cybersecurity, safety, security and privacy industries. Its platform and vast industry network provide unparalleled threat insights, deal flow, market leverage and operating expertise to drive portfolio company growth and increase shareholder value. The NightDragon team has more than 25 years of operational and market expertise and was founded by Dave DeWalt and Ken Gonzalez, who served as senior executives leading technology companies such as Documentum, EMC, Siebel Systems (Oracle), McAfee, Mandiant, Avast and FireEye. For more information, visit www.nightdragon.com. Harris Allgeier |