Cybersecurity startup SpiderSilk raises $2.25M to help prevent data breaches – TechCrunch

Dubai-based cyberspace startup Startup SpiderSil has raised $ 2.25 million in a pre-Series A round, led by Venture Global Ventures and STV.

In the past two years, SpiderSilk has discovered some of the biggest data breaches: the Blind, an allegedly anonymous social network Private complaints exposed By Silicon Valley employees; A lab leaked Highly Sensitive Samsung Source Code; Unknown, app, code and apartment building camera footage detected in public code repository Controversial facial recognition startup Clear AI; And spread extensively Unencrypted Customer Card Number The now-defunct MoviePass may have the final nail in the coffin of an already existing subscription service.

Many of those searches were found from the company’s proprietary Internet scanners, SpiderSilk co-founder and chief security officer Mosub Hussain told TechCrunch.

Any company would like their data locked, but mistakes do happen and misunderstandings can leave sensitive internal corporate data off the Internet. SpiderSilk helps its customers understand the surface of their attack in search of things to uncover but this should not happen.

The cyber security startup detects company assets and attack surfaces using its scanners to detect vulnerabilities and data exposures, and also emulates CyberBat to help customers understand that vulnerabilities in their defense Huh.

SpiderSilk co-founder and CEO said that the attack surface management and threat detection platform we scanned the open Internet on an ongoing basis to send all publicly accessible assets back to organizations that May be directly or indirectly affected. Rami Al Malak told TechCrunch. “As a result, the platform regularly exposes exploits and highlights how an organization is not immune to infrastructure visibility blind-spots.”

El Malak said the funding will help build its security, engineering and data science teams as well as its marketing and sales. He said the company is expanding its presence in North America with sales and engineering teams.

This is the company’s second round of funding, following a $ 500,000 seed round in November 2019, also led by Global Ventures and several angel investors.

“The SpiderSilk team is the outstanding partner, solving an important problem in the sometimes complex world of cyberspace and protecting companies from online threats of malicious activities,” said Basil Moffta, general partner of Global Ventures.