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Lightstrike Targets Enterprise Risks with $1.1M Boost

November 20, 2024 by Newsdesk

Calgary-based Lightstrike has raised $1.1M in seed funding, led by Sprout Fund II with support from a U.S. angel syndicate, Alberta family offices, and Weave VC. The startup specializes in application dependency management, using AI to identify hidden risks and prevent cascading failures in enterprise systems.

CEO Vernon Briggs emphasized Lightstrike’s mission to provide businesses with control over complex dependencies. Partner Kristina Milke praised Lightstrike’s innovative solutions, describing its platform as essential for modern enterprise risk management. The funds will fuel North American expansion and customer acquisition, solidifying Lightstrike’s position in this emerging sector.

Want to know more? Check out the source code on Calgary.tech.

Filed Under: News Tagged With: Lightstrike

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