Connect with us

Hi, what are you looking for?


Fraud & Identity Theft

Netcraft Raises $100M, Hires New CEO for Global Expansion

The British company secures $100 million in funding and announced the hiring of a new chief executive to pursue global expansion plans.

Netcraft, the British company known for its anti-phishing and cybercrime disruption tools, has raised a whopping $100 million in funding and announced the hiring of a new chief executive to pursue global expansion plans.

The company said the $100 million financing was led by Spectrum Equity, a growth equity firm focused on internet-enabled software and data services companies. 

In a note announcing its first-ever outside investment, Netcraft said it is turning control of the company over to Ryan Woodley, a veteran corporate executive who will now assume the CEO Office.

Woodley previously served as chief executive at Progressive Leasing, a financial technology firm that grew from approximately $220 million to $2.5 billion in revenue and went public during his tenure. Netcraft said Woodley has previous cybersecurity experience, having worked as COO and CFO at DigiCert, the high-assurance digital security certificate authority that roughly tripled in size during his tenure.

WIth major capital in hand, Woodley will be tasked with expanding Netcraft’s enterprise business, which includes Internet data mining, anti-fraud and anti-phishing data feeds and technologies.  

The company called out global expansion plans among Woodley’s priorities, nothing that the investment from Spectrum Equity “will help accelerate the company’s strategic plans to drive growth and expand globally.”

Founded in 1995 by Mike Prettejohn, Netcraft sells tools and services for cybercrime countermeasures and disruption services. The company’s data and technologies are often used to allow brands to disrupt or take down cybercrime online in an automated manner.

Advertisement. Scroll to continue reading.

Related: Microsoft Warns of Office Zero-Day Attacks, No Patch Available

Related: Google Researchers Discover In-the-Wild Exploitation of Zimbra Zero-Day

Related: Netcraft Launches Anti-Phishing Mobile App

Related: Microsoft: No-Interaction Outlook Zero Day Exploited Since Last April

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join security experts as they discuss ZTNA’s untapped potential to both reduce cyber risk and empower the business.


Join Microsoft and Finite State for a webinar that will introduce a new strategy for securing the software supply chain.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.


The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.


A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...


Thirty-five cybersecurity-related M&A deals were announced in February 2023


Forty-one cybersecurity-related M&A deals were announced in March 2023.