Base Operations Raises $2.2 Million to Modernize Physical Enterprise Security

Global companies with large, multinational organizations consider their physical security  also as an important aspect. As a key function at most medium-to-large enterprises, and yet one that to date, hasn’t really done much to take advantage of recent advances in technology.

Base Operations—a startup founded by risk management professional Cory Siskind in 2018 just closed their $2.2 million seed funding round to capitalize on its recent launch of a street-level threat mapping platform for supporting enterprise security operations.

Led by Good Growth Capital, Magma Partners, Gaingels,First In Capital, and First Round Capital founder Howard Morgan, the funding will be used primarily for hiring, as the company looks to continue its team growth. It’ll also be put to use extending and improving the company’s product and growing the startup’s global footprint. “What we do at Base Operations is help companies keep their people in operation secure with ‘Micro Intelligence,’ which is street-level threat assessments that facilitate a variety of routine security tasks in the travel security, real estate and supply chain security buckets,” Siskind explained. “Anything that the chief security officer would be in charge of, but not cyber — so anything that intersects with the physical world.”

Her firsthand experience about the complexity that enter into enterprise security since Siskind began her career working for global strategic risk consultancy firm. Her experience and industry presence made her keenly aware of just how far physical and political security operations lag behind their cybersecurity counterparts.

It’s an often overlooked aspect of corporate risk management, particularly since in the past it’s been something that most employees only ever encounter periodically when their roles involve frequent travel. However,the events of the past few years have changed that.

“This was the last bastion of a company that hadn’t been optimized by a SaaS platform, basically, so there was some resistance and some allegiance to legacy players,” Siskind told me. “However, the events of 2020 sort of turned everything on its head, and companies realized that the security department, and what happens in the physical world, is not just about compliance — it’s actually a strategic advantage to invest in those sort of services, because it helps you maintain business continuity.”

Hot Topics

Related Articles