London-based Netcraft, a cybercrime detection company, announced on Tuesday, July 18, that it has raised over $100M (approximately €89M) from Spectrum Equity, a growth equity firm focused on internet-enabled software and data services companies.
Netcraft says the investment will help accelerate its strategic plans to drive growth and expand globally.
“This significant funding will help us accelerate progress toward our mission of detecting and disrupting cybercrime at scale to create a safer online experience for everyone,” says Ryan Woodley, newly appointed CEO of Netcraft.
“Powered by an exceptionally talented team, Netcraft’s speed, scale, and effectiveness is unmatched in the global fight against cybercrime. I am excited to join this team and work alongside a distinguished group of customers and partners in furthering our innovative approach to protecting the world from cybercrime,” adds Woodley.