Dow Jones has increased its investment in Ripjar, a company specializing in data intelligence software. Since 2018, Dow Jones and Ripjar have been strategic partners, culminating in a publicized equity investment earlier in 2023. Joel Lange, Dow Jones's Executive Vice President and General Manager of Risk & Research, will collaborate closely with Tom Obermaier, CEO of Ripjar, and Long Ridge Equity Partners, Ripjar's main investor, to expand the firm's global footprint.
Ripjar specializes in creating data intelligence platforms aimed at enabling organizations and governments to automate the processes of threat detection, investigation, and monitoring related to criminal activities. Their software leverages automation, artificial intelligence, and data visualization to aid companies in addressing intricate risk and security management challenges on a large scale.