Threat intelligence company IntSights has scored $30m in its Series D round to boost the development of its External Threat Protection Suite.
Qumra Capital led the round, with support coming from unnamed previous backers. The deal will see Qumra Capital managing director Boaz Dinte join the Insights board of directors.
Enterprises can leverage IntSights to complete all external threat protection processes through a single platform. The solution products enable a constant monitoring of external digital profiles across the clear, deep and dark web to detect emerging threats and prepare protections.
The RegTech has seen substantial growth since it was founded in 2015. IntSights has a triple-digit year-over-year compound growth rate and has over 275 enterprise customers.
IntSights co-founder and CEO Guy Nizan said, “Unlike any other solution on the market, the foundation of our product line is based around automation.
“This gives us the ability to scale our capabilities to address cybersecurity threats across the clear, deep, and dark web, and provide an end-to-end remediation process. We don’t just detect threats; we resolve them for you. With this new round of investment, we will accelerate our product development and expand commercial operations.”
In addition to the close of the round, the company has appointed three key members to its team. David Johnson, the former vice president of corporate development at IBM, has joined the startup’s advisory board.
Jason Thompson has been named as the company’s new chief operating officer and chief marketing officer. He will lead daily business operations and oversee marketing and sales development of the startup.
Brian Costello has been chosen to be the vice president, Americas sales and global channels. Here he will lead the expansion across the America.
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