Israeli cybersecurity company Cobwebs Technologies, which has offices in Herzliya, Israel, as well as Singapore and New York, on Sunday announced the successful completion of a $10 million financing round.
Founded in 2015, the Cobwebs Technologies team include leading military and intelligence veterans, with a niche expertise in the web intelligence sphere.
Cobwebs developed a search engine that gathers data from the Internet and is capable of moving beyond the reach of Google’s search engines, to retrieve information that has not been indexed or classified by any other searches.
50 out of Cobwebs’ 60 employees live and work in Israel, and the company plans to hire dozens of new employees in and outside Israel. The money from the financing round is earmarked for accelerated global expansion, hiring top-level personnel, and carrying out mergers and acquisitions. Over the coming year.
The company’s active web intelligence product Trapdoor is a dynamic, web-based platform, can be used to measure and impact mass audiences, alongside remote extraction of technical details with non-intrusive methods.