British firm raises £19m to spy on dark web’s villains

Dark web

A British cybersecurity firm has raised £19 million to further develop a tool that pries on the antics of wrongdoers on the dark web.

Digital Shadows has now managed to secure a total of £36m worth of investment to put towards its product, Searchlight, which is able to constantly keep an eye on more than 100 million bits of internet, such as forums, social media sites, the ominous ‘GitHub’ and dark web crime zones like I2P and Tor.

A very pleased Alastair Paterson, Digital Shadow’s CEO, said: ‘This funding event is a huge milestone for Digital Shadows.’

Based in San Francisco and London, the six-year-old firm now wants to break into new countries, with Searchlight already capable of monitoring about 30 different languages.

The £19m boost was led by venture capital company Octopus Ventures, whose Will Gibbs said: ‘Digital Shadows has shown phenomenal growth across all verticals and geographies with a world-class range of partners and clients. We are very excited about what the team have shown themselves capable of and for the wider opportunity, as we see a wide range of clients now increasing digital risk as a key priority.’

The so-called dark web offers access to things like drugs, assassins, weapons and illegal pornography – and at the moment 10% off your car insurance (joking, I think).

British firm raises £19m to spy on dark web’s villains

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