Strider Technologies Awarded Tax Credit to Create More Than 150 New Jobs in Utah

Salt Lake City (Oct. 9, 2024) – Strider Technologies, Inc. the leading provider of strategic intelligence, has been awarded a tax credit for its expansion in Utah by the Governor’s Office of Economic Opportunity (GOEO). 

The incentive is part of the state’s Economic Development Tax Increment Financing (EDTIF) program, and as part of the agreement, Strider projects to add more than 150 new jobs based in Utah over the next several years. 

In January 2021, Strider officially moved its headquarters to Utah. Utah’s rapidly growing technology sector has provided Strider with access to top-tier talent, while the state’s strong focus on entrepreneurship and innovation has supported Strider’s continued growth and success.

In today’s competitive global environment, nation-states are seeking new avenues to exert influence and gain strategic advantages. This is particularly true for countries like the PRC, Russia, and Iran, which are attempting to acquire cutting-edge technology, talent, and data from organizations across industry, academia, and government. Strider is at the forefront of tracking and countering these efforts, developing advanced open-source intelligence capabilities that empower Western organizations to secure their innovations and intellectual property.

"We’re grateful for GOEO’s efforts to enable Strider to attract even more of the best and brightest from the intelligence, technology, and business communities to Utah, and further establish the state as the center of gravity for innovation in national and global intelligence,” said Greg Levesque, CEO & Co-founder of Strider. “Governor Cox and GOEO are taking important, decisive action to encourage innovation, entrepreneurship, and growth in the Beehive state. We applaud them for their efforts and look forward to continued partnership as we scale our operations in Salt Lake City.”

“We’re honored that Strider has chosen to expand its footprint in Utah,” said Ryan Starks, executive director of GOEO. “Strider’s mission to protect the ideals and innovations of the free world strongly aligns with Utah’s commitment to foster innovation and entrepreneurship. We look forward to supporting the company’s expansion in Utah, and we are excited for the innovative global impact Strider will create."

To learn more about Strider, visit https://www.striderintel.com/.

Strider is the leading strategic intelligence company empowering organizations to secure and advance their technology and innovation. Leveraging cutting-edge AI technology alongside proprietary methodologies, Strider transforms publicly available data into critical insights. This increased intelligence enables organizations to proactively address and respond to risks associated with state-sponsored intellectual property theft, targeted talent acquisition, and supply chain vulnerabilities. Strider has operations around the globe with offices in Salt Lake City, Washington, DC, London, and Tokyo.

Under Gov. Spencer J. Cox’s direction, the Governor’s Office of Economic Opportunity provides resources and support for business creation, growth, and recruitment. It also drives increased tourism and film production in Utah. As stewards of the world’s best economy and quality of life, the Economic Opportunity office utilizes federal, state, and private sector resources to administer programs in areas demonstrating the highest potential for economic development and the most opportunity for Utahns.