Announced
Completed
Synopsis
Greater Sum Ventures, a private equity firm, completed the acquisition of a majority stake in STRAX, a provider of cloud-native sensor fusion and collaboration solutions. Financial terms were not disclosed. “STRAX is a natural addition to our growing suite of solutions that help law enforcement and first responders make communities safer. The STRAX team is dedicated to understanding security challenges and providing targeted solutions to improve both responder and community safety. This combination of best-in-class technologies will enable security organizations and public safety agencies to operate more efficiently and do their jobs more effectively,” Ross Croley, GSV CEO and founder.
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