Aug 21 (Reuters) - Ontic has raised $230 million in a

funding round led by alternate investment firm KKR, it

said on Friday, as it seeks to integrate artificial intelligence

into its corporate security software and expand globally.

The company's platform helps corporate security teams

respond to physical threats to staff and facilities. Ontic says

its software eliminates manual processes while protecting

executives, preventing workplace violence and limiting travel

risk.

Corporate security spending has risen following the fatal

shooting of a UnitedHealth Group ( UNH ) executive last year,

as more companies see heightened threats to their top brass.

The series C funding round also involved JMI Equity,

Silverton Partners, Ridge Ventures and Ten Eleven Ventures. The

company did not reveal the valuation at which the funding was

raised.

"Ontic has shown a remarkable ability to support security

teams across industries - from multinational enterprises to

federal agencies - by addressing the increasingly complex and

data-driven nature of security," said Jake Heller, partner at

KKR Americas.

The company's clients include several Fortune 50 companies

across technology, financial services and consumer goods

sectors.

Kastner Gravelle LLP served as legal advisor to Ontic. This

round comes 4 years after the company had raised $40 million,

led by JMI Equity.