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SpyCloud raised $35 million to enhance cybersecurity solutions.

Jun 08, 2024over 1 year ago

Amount Raised

$35 Million

AustinSecuritySoftwareAnalytics

Description

SpyCloud, a cybersecurity startup specializing in preventing account takeovers, has successfully raised $35 million in funding to enhance its platform, which detects compromised login credentials and provides actionable insights to assist businesses in preventing cyber attacks.

Company Information

Company

SpyCloud

Location

Austin, Texas, United States

About

SpyCloud transforms recaptured darknet data to protect businesses from identity-based cyberattacks. Its products deliver actionable insights that allow enterprises to proactively prevent ransomware and account takeover, protect their business from consumer fraud losses, and investigate cybercrime incidents. Its unique data from breaches, malware-infected devices, and other underground sources also powers many popular dark web monitoring and identity theft protection offerings. SpyCloud customers include half of the ten largest global enterprises, mid-size companies, and government agencies, and its solutions protect over four billion accounts globally. Headquartered in Austin, TX, SpyCloud is home to nearly 200 cybersecurity experts whose mission is to make the internet safer with automated solutions that help organizations combat cybercrime.

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