Dataminr Secures $85M for AI Expansion
Dataminr has secured $85 million in funding, led by NightDragon and HSBC, as announced in a press release. The funding, a combination of convertible financing and credit, aims to accelerate Dataminr's growth and enhance its AI-driven real-time information platform.
The new capital will support Dataminr's expansion into international markets, including Europe, the Middle East, and Asia, and will power the development of new products across various verticals. This investment follows Dataminr's previous $1.1 billion in venture capital and positions the company to further its pioneering work in Generative AI and Agentic AI capabilities.
NightDragon's founder and CEO, Dave DeWalt, will join Dataminr's board as Vice Chairman, emphasizing the strategic partnership between the firms. The funding will also facilitate the creation of a Special Purpose Vehicle (SPV) for an additional $100 million in convertible financing, available to third-party investors.
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