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Data Center News > Blog > Investments > SpyCloud Receives $35M in Growth Financing
Investments

SpyCloud Receives $35M in Growth Financing

Last updated: June 6, 2024 2:25 pm
Published June 6, 2024
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SpyCloud

SpyCloud, an Austin, TX-based cybersecurity agency whose options assist organizations examine and defend in opposition to cybercrime, acquired a $35m development financing from CIBC Innovation Banking.

The corporate intends to make use of the funds to broaden its choices following its Collection D elevate in August 2023, led by Riverwood Capital.

Based in 2016, and led by CEO Ted Ross, SpyCloud transforms recaptured darknet information to guard companies from cyberattacks. Its merchandise operationalize Cybercrime Analytics (C2A) to supply actionable insights that enable enterprises to proactively forestall ransomware and account takeover, safeguard worker and client identities, and examine cybercrime incidents. Its information from breaches, malware-infected gadgets, and different underground sources additionally powers many well-liked darkish internet monitoring and id theft safety choices. Its options combine with Lively Listing, Okta, Tines, Splunk, Microsoft Sentinel, and Palo Alto Networks Cortex XSOAR, amongst different main id, incident response, orchestration and listing providers instruments.

Prospects embody international enterprises, mid-size corporations, and authorities companies world wide.

FinSMEs

06/06/2024


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See also  EYWA Raises $7M in Seed Funding
TAGGED: 35M, Financing, Growth, receives, SpyCloud
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