9 years ago
Digital Shadows Secures $14 Million to Expand its Cyber Risk Scanning Service
Digital Shadows, a UK cyber security startup, has raised $14 million in Series B funding led by Trinity Ventures
The company provides a SaaS service for businesses to monitor and manage potential risks related to their digital footprint
The funding will be used to scale the business, including product and engineering development in London, sales and marketing in the US and Europe, and enhancements to its service delivery and research teams
Digital Shadows' flagship product, SearchLight, scans over 100 million data sources online and on the deep and dark web for potential threats and vulnerabilities.
ProblemTechnology
"Businesses are vulnerable to data breaches and cyberattacks, and they often lack visibility into their digital footprint, making it difficult to identify and mitigate potential risks."
Solution
"Digital Shadows provides a SaaS solution that continuously monitors a vast array of online and deep web data sources, identifying potential threats and risks to businesses by cross-referencing customer-specific data with monitored sources. This includes identifying instances where data might have been inadvertently posted online, potential data breaches, and threat-related chatter about the company."