Web Intelligence
Startup News

Spire Capital Acquires Cobwebs Technologies, Strengthening Web Intelligence Solutions

1 Mins read

Photo was created by Webthat using MidJourney

Acquisition Overview


Spire Capital, a prominent private equity firm, expands its portfolio with the acquisition of Cobwebs Technologies, an Israeli web intelligence company, for $200 million.

Cobwebs Technologies’ Specialization

Cobwebs Technologies specializes in developing cyber intelligence solutions for global enforcement bodies, national security agencies, and financial services, with a strong focus on the U.S. and Western Europe.

Cutting-Edge Capabilities

Founded in 2015 by IDF veterans, Cobwebs Technologies has developed a powerful search engine capable of scouring the dark web and deep web for potential illegal or terrorist activities. Its advanced system conducts background checks and provides real-time alerts on potentially harmful interactions.

Industry Leadership

Cobwebs Technologies has established itself as a leader in the web intelligence field, thanks to its early investments in AI development and digital intelligence. The company’s revenues have reached the tens of millions of dollars.

Strategic Benefits

Spire Capital’s acquisition of Cobwebs Technologies complements its existing portfolio, including PenLink, an American company specializing in intelligence analysis based on digital evidence. The integration strengthens Spire Capital’s position in the web intelligence sector.

Future Prospects

With a workforce of 170 employees and previous funding of $10 million, Cobwebs Technologies‘ founders are expected to benefit significantly from the acquisition. The exponential growth of data volume and advancements in AI technologies contribute to the increasing demand for high-quality information analysis.


CLICK HERE TO READ MORE ON WEBTHAT NEWS

Related posts
Startup News

Decoding Ola Electric's $300 Million Series E Financing Round

3 Mins read
Startup News

Gizmo Raises $3.5M with Gamified Quizzes and AI Magic

3 Mins read
Startup News

Shadowfax Journey: A $60 Million Boost Led by TPG NewQuest

3 Mins read
Connect and Engage

Stay in the loop and engage with us through our newsletter. Get the latest updates, insights, and exclusive content delivered straight to your inbox.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

×
Tech News

Consumer Preferences and AI Innovations Shape the Future of Brand Engagement