Peregrine Technologies, a company offering data intelligence solutions, has raised $190 million in its Series C funding round led by Sequoia Capital. The raise brings the company’s valuation to $2.5 billion.
Peregrine’s software helps organizations integrate and activate their data for intelligence, analytics and other enterprise use cases such as crime reduction, fraud detection and improving health service delivery. The company’s tech has been used in sectors such as law enforcement, emergency management, health service delivery and disaster management, and it has come to serve and protect over 80 million Americans.
Peregrine will use its new funding to accelerate the recruitment of software engineers and implementation staff. This expansion will support the development of advanced technologies for various use cases in both government and commercial sectors.
