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Netcraft Secures First Funding With Over $100M From Spectrum Equity; Names Experienced Technology Executive Ryan Woodley As New Ceo

Jul 18, 2023about 2 years ago
BathInformation TechnologySoftwareCyber SecuritySecurity

Investors

Spectrum Equity

Description

Netcraft, the global leader in cybercrime detection, disruption, and takedowns announced today that the company has raised over $100M from Spectrum Equity, a leading growth equity firm focused on internet-enabled software and data services companies.

Company Information

Company

Netcraft

Location

Bath, Maine, United States

About

Netcraft is a global leader in cybercrime detection and disruption, combining cutting-edge technology with decades of experience to protect organizations of all sizes from digital threats and attacks. Its mission is to detect and disrupt cybercrime at scale through constant innovation, extensive automation, and unique insight, delivering a safer online experience for everyone. Headquartered in the UK, Netcraft is the trusted cybersecurity partner for three of the largest companies, twelve of the largest banks, and governments of five of the largest economies in the world. Netcraft's comprehensive threat feeds, early fraud detection capabilities, and swift automated takedowns are unparalleled in the industry, scaling to perform takedowns for nearly one-third of the world's phishing sites, blocking more than 170 million malicious sites. For more information, visit www.netcraft.com.

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Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers