Social Media Threat Monitoring Firm Pyrra Acquired

AI-enabled social media monitoring and intelligence company Pyrra Technologies has a new owner, AlertMedia, which provides risk intelligence and critical event management solutions.

AlertMedia helps organizations 'of all sizes' identify, respond to and recover from critical events. Pyrra focuses on helping clients to detect and respond to emerging risks in 'hard-to-monitor online spaces', tapping the skills of a team of national security and open-source intelligence experts to monitor 'fringe and alternative' digital communities. The firm says its platform monitors, analyzes and categorizes more than 3 billion digital conversations annually, spanning more than 45 distinct social and dark web sources.

AlertMedia says the buy significantly enhances its ability to help organizations rapidly identify, assess and respond to new and emerging threats to people and assets and reinforces its commitment to providing AI-driven insights for security teams. 'Pyrra's technology is a natural complement to the AlertMedia platform,' says CEO Christopher Kenessey (pictured). 'In today's rapidly evolving threat landscape, comprehensive and actionable intelligence has never been more important, and we're excited to work with the Pyrra team to continue expanding the breadth and depth of threat intelligence we can provide to AlertMedia customers'.

With the buy, Pyrra's co-founders Welton Chang (CEO) and Eric Curwin (CTO) join AlertMedia in leadership roles working on proprietary and continued development of Pyrra's technology as part of AlertMedia's platform. Chang says the move is 'an exciting next chapter for Pyrra'.

The firms are on the web at www.pyrratech.com and www.alertmedia.com .