Durham software firm Intelligence Fusion is set to create new jobs after being snapped up by a fast growing US company in an undisclosed deal.
The software as a service firm, based at the Aykley Heads Business Centre, developed and launched an intelligence data feed platform three years ago. The Intelligence Fusion platform provides a global map, updated in real time, of incidents that could present a potential security risk to a company’s operations, categorised in 11 different overall categories, and 159 different incident types - ranging from combat incidents such as the ongoing war in Ukraine, or terrorist activity such as IEDs and complex attacks, to protests or natural hazards.
Now the firm, which was launched in 2015, is set to receive investment and create new jobs after being acquired by Sigma7, a New York and London based global risk services company. Sigma7 plans to incorporate Intelligence Fusion’s technology into its risk information and services platform by delivering highly sophisticated global risk monitoring, customised to an organisation’s particular threat landscape.
