DarkOwl Secures Strategic Growth Investment Funds from Five Elms Capital

DarkOwl LLC, a Denver-based cybersecurity company specializing in darknet data, today announced that it has closed on an $8 million investment funding round led by B2B software investor Five Elms Capital. DarkOwl is a leading provider of darknet data, scoring and intelligence to the cybersecurity and law enforcement markets, and has amassed one of the world’s largest databases of darknet content.
 
The company’s primary platform product is DarkOwl Vision, a searchable database of darknet content that is updated in near real-time, and includes data sources such as Tor, Telegram, Zeronet, IRC, and other darknet networks. DarkOwl uses machine learning and other tools to detect sites in the darknet and collect data at scale, and then offers a range of tools to allow users to search and parse results, and focus on specific, actionable intelligence.
 
Earlier this year, DarkOwl launched DARKINT Enterprise Scores. This unique product offering quantifies an organization’s darknet footprint and generates an associated score which correlates to risk for the enterprise. Both DARKINT Enterprise Scores and DarkOwl Vision are available directly via its SaaS platform and API, as well as through various data aggregator platforms.
 
“The demand for data and intelligence is growing as cybersecurity professionals increasingly understand that if you don’t have eyes on the darknet, you’re not getting the full picture when it comes to the security posture of your organization,” says Mark Turnage, CEO of DarkOwl. “Our customers find that our data and our darknet platform offer unique insight into this important and growing part of the internet. Our new Scores product allows insurance underwriters and others to quickly measure darknet exposure and its associated risk for any organization, and to focus their mitigation efforts accordingly.”
 
“In a space that has been notoriously difficult to navigate, DarkOwl provides its customers with access to the data they need to make important business decisions in real-time,” said Thomas Kershisnik, Managing Director at Five Elms Capital. "We’re very excited to partner with the DarkOwl team as their product, culture, and leadership set the stage to build a global industry-leading company.”
 
With this funding, DarkOwl plans on expanding and refining its machine learning and data collection, growing its sales, client services and product support teams, and further developing its analytical tools for specific customer use cases.
 
About DarkOwl
DarkOwl was founded in 2016 with the mission of collecting the broadest dataset of darknet content available in the cyber-defense industry, and making that data both accessible and valuable to its clients. By empowering its customers to have eyes on the darknet, DarkOwl enables organizations to fully understand their security posture, detect potential breaches, mitigate them quickly, and investigate even the furthest and most obscure reaches of the internet. 
 
About Five Elms Capital
Five Elms Capital is a leading growth equity firm that invests in fast-growing B2B software businesses that users love.  Five Elms provides capital and resources to help companies accelerate growth and further cement their role as industry leaders.  For more information, visit fiveelms.com.
 
 

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Leah Meredith

Marketing & Client Services

DarkOwl

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