Chief in web cybersecurity options for world manufacturers and governments broadcasts strategic milestones to speed up development.

Salt Lake Metropolis, Utah and London, England – July 18, 2023 – Netcraft, the worldwide chief in cybercrime detection, disruption, and takedowns introduced in the present day that the corporate has raised over $100M from Spectrum Fairness, a number one development fairness agency targeted on internet-enabled software program and knowledge companies corporations.

Together with the funding from Spectrum, the corporate named skilled know-how govt Ryan Woodley as its new CEO. Woodley has a long time of expertise main growth-oriented know-how corporations and a longtime observe report of success. He was beforehand CEO of Progressive Leasing (NYSE: PRG), a number one monetary know-how firm, which grew from roughly $220 million to $2.5 billion in income and went public throughout his tenure. He additionally served as COO and CFO at DigiCert, the world’s largest excessive assurance digital safety certificates authority, which roughly tripled in dimension throughout his tenure and was efficiently offered to a personal fairness agency. Most just lately, Ryan has served on the boards of excessive development know-how corporations, PDQ.com and Conservice.

Based by Mike Prettejohn, Netcraft presents cybercrime detection and disruption companies. With a sophisticated know-how platform that permits the corporate to disrupt and take down cybercrime on-line in an automatic method, it’s grow to be the world’s largest supplier of takedowns that are delivered as a subscription service to monetary establishments, governments, and firms globally. The funding from Spectrum Fairness will assist speed up the corporate’s strategic plans to drive development and increase globally.

“I’m grateful to my colleagues and our customers who have grown Netcraft from a laptop and a modem to the point where it now serves many of the world’s largest enterprises and governments, without any outside funding. Having decided to accept growth equity, we chose Spectrum because of its success in scaling other cybercrime businesses, particularly Verafin and Ethoca, prior to their respective sales to Nasdaq and Mastercard,” mentioned Prettejohn.

“Mike and his incredible team have built a truly differentiated offering for organizations of all sizes looking to stop cyberattacks,” mentioned Parag Khandelwal, Managing Director of Spectrum Fairness. “Its scale is a testament to its effectiveness – Netcraft has blocked more than 173 million malicious attacks and takes down more than 15 million cyberattacks each year. Netcraft takes down roughly one-third of all global phishing attacks on behalf of its customers. We’re honored to partner with this company and work closely with Ryan to help bring its solutions to more organizations worldwide.”

“This significant funding will help us accelerate progress toward our mission of detecting and disrupting cybercrime at scale to create a safer online experience for everyone,” mentioned Ryan Woodley, CEO of Netcraft. “Powered by an exceptionally talented team, Netcraft’s speed, scale, and effectiveness is unmatched in the global fight against cybercrime. I am excited to join this team and work alongside a distinguished group of customers and partners in furthering our innovative approach to protecting the world from cybercrime.”

Netcraft empowers its prospects with superior cyber protection options backed by a confirmed observe report of success enabled by:

● International menace intelligence: The info Netcraft has gathered repeatedly over a long time uniquely positions the corporate to energy its strong menace detection and response platform. Its automated course of allows real-time identification and validation of present threats to prospects and the worldwide group. Netcraft’s uniquely precious intelligence feeds are consumed by most main browsers and main antivirus software program distributors.

● Fast & Efficient Takedowns: Netcraft has cultivated a long-standing repute with internet hosting corporations, DNS suppliers, registrars, and ISPs. Leveraging these relationships together with refined menace classification, web infrastructure data, and a historical past of previous assaults, Netcraft responds to threats and assaults with distinctive velocity and successfully shuts down malicious exercise.

● Steady Innovation: Netcraft’s cybercrime detection and takedown platform combines data-driven automation with synthetic and human intelligence to handle and take away greater than 100 assault varieties. As a result of cybercrime exercise is consistently evolving, the corporate has a group of consultants with the agility and expertise to answer new threats and assault varieties as they come up.

● Transparency & Visibility: Netcraft delivers detailed proof for each validated assault and ensures prospects are up to date in real-time on the progress and standing of all energetic takedowns. Clients can simply entry strong reporting by means of its portal or APIs that combine seamlessly with inside methods.

About Netcraft

Netcraft is a worldwide chief in cybercrime detection and disruption, combining cutting-edge know-how with a long time of expertise to guard organizations of all sizes from digital threats and assaults. Its mission is to detect and disrupt cybercrime at scale by means of fixed innovation, in depth automation, and distinctive perception, delivering a safer on-line expertise for everybody. Headquartered within the UK, Netcraft is the trusted cybersecurity accomplice for 3 of the most important corporations, twelve of the most important banks, and governments of 5 of the most important economies on the earth. Netcraft’s complete menace feeds, early fraud detection capabilities, and swift automated takedowns are unparalleled within the business, scaling to carry out takedowns for almost one-third of the world’s phishing websites, blocking greater than 170 million malicious websites. For extra data, go to www.netcraft.com.

About Spectrum Fairness

Spectrum Fairness is a number one development fairness agency offering capital and strategic help to modern corporations within the data financial system. Since 1994, the agency has partnered with confirmed entrepreneurs and administration groups to construct long-term worth in market-leading internet-enabled software program and knowledge companies corporations. Consultant investments embrace Ancestry, BATS International Markets, Definitive Healthcare, Ethoca, OffSec, SurveyMonkey and Verafin. For extra data, together with an entire checklist of portfolio investments, go to www.spectrumequity.com.

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