London-based Netcraft, a cybercrime detection firm, introduced on Tuesday, July 18, that it has raised over $100M (roughly €89M) from Spectrum Fairness, a progress fairness agency centered on internet-enabled software program and knowledge providers firms.

Netcraft says the funding will assist speed up its strategic plans to drive progress and increase globally.

“This vital funding will assist us speed up progress towards our mission of detecting and disrupting cybercrime at scale to create a safer on-line expertise for everybody,” says Ryan Woodley, newly appointed CEO of Netcraft. 

“Powered by an exceptionally proficient group, Netcraft’s velocity, scale, and effectiveness is unmatched within the world struggle in opposition to cybercrime. I’m excited to hitch this group and work alongside a distinguished group of shoppers and companions in furthering our progressive method to defending the world from cybercrime,” provides Woodley.