Digital Shadows, a player in digital risk management, has collected $ 26 million during a Series C funding round. This enables the company to expand the possibilities of its SearchLight digital risk management service, and boost global expansion, says Alastair Paterson, co-founder and CEO of Digital Shadows.
Participants in the financing round were World Innovation Lab, Industry Ventures and all existing investors of Digital Shadows. This capital injection contributes to further growth. In addition, Digital Shadows supports the best protection of its customers with the best solution for digital risk management. Luke Hakes, Investor at Octopus Ventures, will join the Board of Directors.
Digital Shadows SearchLight combines scalable data analysis analysis with human analysis. This gives the company customers the context and awareness needed to protect their digital footprint against digital risks. The service includes cyber threats, data protection, brand risk and VIP scandals, infrastructure risks, physical threats and risks associated with external parties. Digital Shadows has recently added support for mobile apps and new dark web capabilities to SearchLight.
Digital Shadows earlier launched its Channel REV affiliate program with an online partner portal. The portal is designed to help partners accelerate their profitability and improve customer loyalty. Through the portal, partners can get SearchLight. This is the Digital Shadows service that combines scalable data analysis with knowledge of analysts to effectively manage and reduce digital threats of cyber threats, data protection and reputation risks.