$25.2 million in Series B investment was secured by SOCRadar, a Newark, DE-based company that offers enterprise-grade, end-to-end threat intelligence and brand protection solutions.
Investors
- PeakSpan Capital
- Oxx
Use of funds
The money will be used by the business to expedite investments in strategic areas such as product innovation, global sales infrastructure, and AI-enabled processes.
With more than 25,000 freemium users from more than 150 countries, the business also has more than 350 channel partners and 600 active paying clients.
About SOCRadar
SOCRadar, a cybersecurity firm headed by CEO Huzeyfe Onal, is dedicated to providing cutting-edge threat intelligence solutions that let businesses proactively guard against online attacks. With a wide range of customized solutions, its flagship Extended Threat Intelligence (XTI) platform is available. These include supply chain threat intelligence, brand protection, dark web monitoring, cyber threat intelligence, and external attack surface management. SOCRadar improves threat detection capabilities and delivers timely, proactive insight by advancing machine learning and artificial intelligence.