Searchlight Cyber secures strategic investment to illuminate dark web dangers

Searchlight Cyber secures strategic investment to illuminate dark web dangers

Searchlight Cyber, a prominent U.K.-based dark web intelligence company, has received an investment from Charlesbank Capital Partners, a reputable middle-market private investment firm with bases in Boston and New York.

Searchlight Cyber’s state-of-the-art platform is widely utilised by enterprise cybersecurity, managed security service providers, as well as government and law enforcement agencies across Europe and North America. Searchlight Cyber’s unique offering includes a comprehensive dataset that spans marketplaces, forums, and hidden sites, all underpinned by more than 15 years of leading academic research in dark web technologies.

The company’s strategic move to secure investment from Charlesbank is driven by its commitment to innovation and expansion. The funds will primarily be channelled towards accelerating research and development, which will propel the company to introduce first-to-market features and integrate advanced AI capabilities into its platform. This forward-looking approach aims to ensure that clients can swiftly and effectively counteract emerging cyber threats.

Reflecting on the investment, Searchlight Cyber CEO and Co-Founder Ben Jones said, “Our rapid growth in recent years is a testament to the commitment and expertise within our team, who have helped us build what we believe to be the best dark web intelligence solution in the market.

“We are grateful for Astra’s support to date and believe Charlesbank’s extensive strategic and operational experience in scaling software companies makes them the ideal partner to support our business as we build on our momentum.”

Keep up with all the latest FinTech news here.

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.