We are pleased to announce our newest investment in Omelas, a national security, private asset security, and Know-Your-Customer/Anti-Money Laundering compliance solution for financial institutions. The company is headquartered out of Washington, D.C. Ripple Ventures first met Omelas through an MIT Alumni Angels event in 2017 and has seen them grow substantially over the past year. With the team’s proven track record of execution, we were more than happy to support them as they continue to grow their platform.
Omelas’ platform known as ‘Symphony’ helps prevent violence by exposing threats around the world. Symphony maps and monitors ongoing situations, verified on the ground, online, and from above, to give clients the intelligence they need to keep staff and sites secure. Their extensive data on the networks of terrorist groups are invaluable to private and public institutions seeking to stay compliant. They’ve even foiled a terrorist attack against a European capital and the team has presented before the intelligence chiefs of four nations.
The team is led by Evanna Hu (CEO) and Ben Dubow (CTO). Evanna has worked at the intersection of governance, security, and technology in 25+ countries and prior to Omelas, she successfully founded two technology ventures. To date, she has briefed 4 national heads of intelligence and has advised 8 Cabinet/Ministerial members on tech and security. Ben previously worked at Google, where he led international expansion for select clients and drove the largest ever reduction in support issues for Google’s fastest growing product, DoubleClick Bid Manager. His work on jihadist and white supremacist propaganda while working in intelligence was published in AP, AFP, and Reuters.
Omelas’s technology automates and integrates the most complex and burdensome tasks in intelligence gathering, presenting the results in a robust and intuitive cloud-based dashboard. Underpinning their user-friendly front end, is a flexible, elastic architecture, among the first serverless infrastructures built on Amazon GovCloud. With unparalleled security, their system has withstood multiple simulated attacks from former NSA analysts and has yet to suffer an outage.
The Ripple team is extremely excited to welcome Omelas to the portfolio and to see them grow with us!
Ripple Ventures was launched this year with the belief that early-stage investments should be inclusive of ancillary services, beyond a typical capital injection, which is why we are taking an ‘operator first, investor second’ approach to our fund and opening an incubator for our portfolio companies to work from.