Threat intelligence provider Recorded Future today announced that it has raised $25 million in a Series E round of funding Led by Insight Venture Partners.
According to the Boston, Mass.-based company, the additional funding will be used to support growth and to expand its offerings to “solve a wider spectrum of cybersecurity challenges.”
Recorded Future collects threat intelligence from open, technical, and dark web sources in real time and leverages machine learning to provide targeted analytics and alerts to clients. The company says that 86% of Fortune 100 companies use its services.
The company says that it processes “billions of data points” per day in multiple languages from the open, deep, and dark web to provide customers with a customized view of the threat landscape to reveal emerging attackers, methods, and indicators.
“Our goal remains clear: to support our customers by providing the best threat intelligence on the planet,” said Christopher Ahlberg, CEO and co-founder of Recorded Future. “With this cash infusion provided by Insight Venture Partners, we will be able to supercharge our efforts to explore new solutions to the issues plaguing the cybersecurity industry both today and in the future.”
