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Digital Shadows

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External threat intelligence and digital risk protection platform

San Francisco, United StatesFounded 2011Cybersecurity
Valuation $100–500M Latest valuation · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Digital Shadows and the history behind them.

About Digital Shadows

Digital Shadows provides a digital risk protection platform specializing in monitoring, analyzing, and mitigating external threats across the open, deep, and dark web. The company was founded in 2011 by Alastair Paterson and James Chappell, who previously worked together at the multinational defense and security company Detica. Their experience in the security industry provided the initial credibility and connections to shape a viable business model. The idea for the company was partly inspired by observing the vast amounts of sensitive information being shared on new social networks.

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The firm's core product is the Software-as-a-Service (SaaS) platform, SearchLight™, launched in 2014. SearchLight offers cyber situational awareness by providing an "attacker's eye view" of an organization's digital footprint. It continually monitors millions of data sources to detect data loss, secure online brands, and reduce a company's attack surface. The service combines scalable data analytics with human analysts to deliver tailored threat intelligence and remediation options. This helps clients in sectors like finance, healthcare, and government to protect against intellectual property loss and reputational damage. Revenue is generated through subscriptions to its platform and professional services.

Digital Shadows received early seed investment from Passion Capital after participating in the Accenture Fintech Innovation Lab in 2013. Over the years, it raised a total of $58.1M in funding from investors including Trinity Ventures and Storm Ventures. In June 2022, Digital Shadows was acquired by ReliaQuest, a security operations platform provider, for $160 million. The acquisition was aimed at combining ReliaQuest's internal visibility from its GreyMatter platform with Digital Shadows' external threat intelligence capabilities to offer a comprehensive, end-to-end view of security threats.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
San Francisco, United States
Employees
98
Open positions
None listed
Dealroom signal
69.8/100
Industry
Legal, Security
Sub-industry
Intellectual Property, Cloud & Infrastructure
Sector
Reputation Management, Core AI, Cybersecurity, SafetyTech, Intellectual Property Protection Tech
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Digital Shadows.

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2022 $160M $160M ReliaQuest
LATE VCOther financing Sep 2021 $0 Eastward Capital Partners
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Digital Shadows website traffic

Latest recorded traffic for Digital Shadows is 190 monthly website visits, down 77.4% over the last three months. Digital Shadows's team declined 17.6% over the past year.

Latest monthly visits190 3-month web change-77.4% 1-year team growth-17.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A3 investors entered at this stage

Series B and later4 investors entered at this stage

  • Octopus Ventures
  • World Innovation Lab
  • NAB - National Australia Bank
  • Eastward Capital Partners

Other known investors1 additional known investor

  • ReliaQuest
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Digital Shadows on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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