A startup that claims to be able to predict how the next terrorist attack will play out has raised a $100 million funding round.
The investment comes after the startup published a paper on its research on the threat.
Th9 has previously raised a total of $1 billion, but it is the first venture to raise such a large sum in 2017.
“Th9 has been an incredible story, and we have been very excited about its future,” said the CEO of the startup.
“We are confident that this funding will make us the leader in risk management for the next decade.”
The company said the money will be used to scale its research and development and also fund other business and engineering projects.
“The money will go towards scaling our research and building new products,” the startup said in a blog post.
“This is important because the next time we see a major attack we will need to be even more proactive, because the risk of this event is higher than ever.”
A few months ago, the company said it was raising $1.6 billion in a Series B round led by Accel Partners.
“I’m very happy to announce that Th9 is going to raise another $100m today,” the company wrote on its blog.
“After more than a year of hard work, Th9 will now be one of the top 5 companies in the world.”
The startup is aiming to build a new product, called Th9.me, which it said will enable the organization to track and predict the threat before it happens.
This will give the organization more information about the attacks and help prevent them.
“Our research has shown us that Th 9 can predict how many people will be injured, what kind of damage they will cause and the cost of the attack,” Th9 founder and CEO Aaron Binder said in the blog post, adding that the company would “use the research to help build our next product.”
“Our product will allow the company to track, predict and mitigate terrorist threats from the comfort of their homes, at work and on the street,” he said.
The company also launched a crowdfunding campaign on Indiegogo to raise $100,000 for a new research lab.
In August, the startup raised $20 million from investors including Alcoa, Daimler, Google, IBM and Qualcomm.