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Old Town Intelligence Contractor Gets Big Funding Boost

Intelligence company Nisos (603 King Street) announced today that it has gained $6 million in funding, primarily from a cybersecurity investment group.

The company specializes in countering disinformation and responding to cyber attacks. Nisos said in a press release the new funding will allow the company to expand its international operations and marketing work.

The latest round of funding was led by Paladin Capital Group, a cyber venture capital firm.

“The conflicts of the future will be waged over intelligence, information and deception,” said Chris Steed, Chief Investment Officer and Managing Director of Paladin Capital Group, in a press release. “Paladin has identified a demand for external-facing intelligence from companies encountering the looming threat of deception and disinformation and we are excited that Nisos’ solutions are able to address this need. We’re looking forward to helping Nisos expand and cement its leadership in the managed intelligence space.”

The company made headlines last year with a report detailing advances in deepfake scam technology.

According to the press release:

Nisos solutions enable security, intelligence, and trust & safety teams to leverage a world-class intelligence capability tailored to their needs… Its blue-chip clients include Fortune 100 corporations and internet platform companies.

Image via Nisos

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