Digital Shadows raises $14m series-B from Trinity, Paladin

Trinity led the funding round alongside existing investors Storm Ventures, TenEleven Ventures and Passion Capital. Paladin also participated in the round as new investor.

As part of the deal, Trinity general partner Fred Wang has joined the company's board of directors.

According to a statement, the funding will support the company's US expansion and be used to enlarge the team. 

Previous funding
Digital Shadows raised an $8m series-A funding round led by Storm Ventures in February 2015. Several business angels, including former RSA chief technology officer Tim Belcher, also took part in the transaction.

Prior to its series-A, the business received a round of seed capital funding from Passion Capital in September 2013.

Company
Established in 2011, Digital Shadows is co-headquartered in London and San Francisco. The company provides cyber situational awareness, which helps organisations protect against cyberattacks, loss of intellectual property, and loss of brand and reputational integrity.

Digital Shadows' key product, SearchLight, is a data analysis platform that provides a view of an organisation's digital footprint and the profile of cyberattackers. It monitors more than 100 million data sources in 27 languages across the visible, deep and dark web, and other online sources to create an up-to-the minute view of an organisation and the risks requiring mitigation.

People
Digital Shadows – Alastair Paterson (co-founder, CEO); James Chappell (co-founder, CTO)
Trinity Ventures – Noel Fenton (founding partner).

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• Topics
• Expansion
• Technology
• UK / Ireland
• United Kingdom
• Internet