Honor follows $40M series B funding, acquisition, year of significant growth, innovation and industry recognitions
AUSTIN, December 1, 2021 – Ontic, the protective intelligence software innovator transforming how companies actively identify, investigate, assess, watch and manage physical security threats, has been named a gold winner in the Small Company of the Year category in the Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.
“Earning this recognition two years in a row is a strong accomplishment and I am proud to add it to our growing list of achievements this year,” said Lukas Quanstrom, chief executive officer, Ontic. “The Ontic Protective Intelligence Platform is a transformational innovation that is not only driving the physical security industry forward, but creating an entirely new one, and receiving this honor is a credit to hard work our team continues to put forth.”
The 11th annual Best in Biz Awards in 2021 saw intense competition among more than 700 entries from public and private companies of all sizes and spanning all geographic regions and industries in the U.S. and Canada. This year’s judges were impressed with Ontic’s resilience and adaptability which, despite the pandemic-related challenges of the past 20 months, generated remarkable growth numbers and showed exemplary dedication to their customers.
Ontic is setting a new standard in protective intelligence working with Fortune 500 and growing enterprises to transform how they identify, investigate, assess, watch and manage physical security threats. The Ontic Protective Intelligence Platform unifies critical data, such as social media, real-time news and dark web, encrypted connected security systems, public and company-proprietary records and communications, in a SaaS-based platform empowering physical security professionals to more quickly and effectively detect, analyze and mitigate potentially harmful threats to executives, employees and customers.
Ontic has experienced exponential growth since its launch in 2017 and is one of the most comprehensive intelligence solutions available that can tackle the physical, digital and operational security needs of some of the world’s largest enterprises. Recent Ontic milestones include the raising of $40 million in a Series B funding round, the acquisition of SIGMA Threat Management Associates, and being named by Frost and Sullivan as a Top Innovator in Global Digital Intelligence Solutions.
Since the program’s inception in 2011, winners in Best in Biz Awards have been determined based on scoring from independent judging panels assembled each year from some of the most respected newspapers, TV and radio outlets, and business, consumer, technology and trade publications in North America. Combining top editors’ and reporters’ unparalleled experience and expertise with the objectivity inherent in the journalistic ethos and further enhanced by the breadth of outlets represented, Best in Biz Awards judging panels are uniquely able to determine the best of the best from among the hundreds of competitive entries. The 2021 judging panel included, among others, writers from Associated Press, Barron’s, Consumer Affairs, Inc., USA Today and Wired.
Named the top industry innovator in the Frost Radar™: Digital Intelligence Solutions, 2021, Ontic is the first protective intelligence software company to transform how Fortune 500 and emerging enterprises address physical threat management to protect employees, customers and assets. Ontic’s SaaS-based platform collects and connects threat indicators to provide a comprehensive view of potential threats while surfacing critical knowledge so companies can assess and action more to maintain business continuity and reduce financial impact. Ontic provides strategic consulting, multidimensional services, education and thought leadership for safety and security professionals through its Center for Protective Intelligence and Center of Excellence, the latter of which also offers program development and training services in behavioral threat assessment, threat management, and violence prevention for major corporations, educational institutions and government agencies.
About Best in Biz Awards
Since 2011, Best in Biz Awards has been the only independent business awards program judged by a who’s who of prominent reporters and editors from top-tier publications from North America and around the world. Over the years, judges in this prestigious awards program have ranged from Associated Press to the Wall Street Journal and winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world’s most innovative start-ups and nimble local companies. Each year, Best in Biz Awards honors are conferred in two separate programs: North America and International, and in 100 categories, including company, team, executive, product, and CSR, media, PR and other categories. For more information, visit: http://www.bestinbizawards.com.
Finn Partners for Ontic
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