# Cobwebs Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cobwebs-technologies

- Industry: Software
- Headquarters: New York, US
- Website: www.cobwebs.com
- Total disclosed funding: $10M
- Latest round: Series A (Mar 24, 2019)
- Investors on record: 1

## About

Cobwebs Technologies Ltd., based in New York, US, specializes in AI-powered digital intelligence solutions, particularly for law enforcement and security sectors, facilitating complex investigations through advanced data analytics and insights.Founded in 2015 in New York, Cobwebs Technologies Ltd. develops innovative digital intelligence solutions. The company was recently acquired by Pen-Link, Ltd. from Ibex Investors for USD 150 mn on July 11, 2023. Udi Levy serves as the current CEO, having previously led other tech initiatives, contributing to his experience in the field. Cobwebs Technologies has executed three deals in total.Cobwebs Technologies Ltd. offers a comprehensive suite of AI-driven digital intelligence solutions for various sectors, including law enforcement, national security, and corporate enterprises. Their flagship product, CoAnalyst, harnesses generative AI to transform large data sets into actionable insights, facilitating complex investigations through natural language queries. Their software integrates intelligence gathering, evidence management, and AI analytics, catering to clients' needs for real-time insights to combat crime and enhance national security measures.Cobwebs Technologies Ltd. primarily generates revenue through subscription-based models and partnerships with government and enterprise clients, requiring advanced digital intelligence solutions. Clients typically engage in structured agreements that include annual subscriptions for access to their platforms, such as CoAnalyst, and ancillary services to enhance investigative processes. The company's revenue model focuses on comprehensive solutions integrating digital evidence management and open-source intelligence, ensuring ongoing support and software updates for clients.Following its acquisition by Pen-Link, Ltd. in July 2023, Cobwebs Technologies Ltd. aims to enhance its digital investigation platform by integrating enterprise-level intelligence capabilities. The recent funding will support the development of new products and services aimed at expanding into key markets across North America and Europe, facilitating enhanced support for prosecutors and analysts. The strategic plans include increasing their footprint in the digital intelligence sector and enhancing operational capabilities for security organizations.

## Funding rounds

- Series A, Mar 24, 2019, $10M — Ibex Investors

## Investors

- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Series A