The $38 million round for Red Points will strengthen its position in the international market, where it will continue to detect and resolve intellectual property infringements on the Internet.
In addition, we conducted a study on the sale of companies in the international anti-piracy sector.
Established in 2011 and based in Barcelona, Red Points is a company that offers a SaaS end-to-end solution for detecting and resolving intellectual property infringements on the Internetincluding counterfeiting, piracy and distribution fraud. Red Points' patented software solutions are used by more than five hundred brands worldwide, including Bang & Olufsen, MVMT and DOPE. In addition, eliminates more than 100,000 incidents daily of illegal products and content on the Internet.
On April 3, 2019 Red Points has closed a $38 million Series C round of financing (€33.84M), led mainly by Summit Partners. Its existing investors have also participated in the injection: Eight Roads Ventures, Mangrove Capital, Northzone y Sabadell Venture Capital. Esta ronda brings the company's total capital to $64 million.following three previous rounds from these investors totalling USD 26 million.
The funding received will be used to strengthen Red Points' position in the international market. Laura Urquizu, partner and CEO of Red Points said of the deal: "This round of investment from Summit Partners will contribute to strengthen Red Points' position as a global leader to address the growing problem of online trademark infringement". "With this new funding, we plan to further develop our technology and our global presence with the goal of empowering brands worldwide to effectively protect their valuable products on the Internet," he added.
You can find more information on the press release issued by Red Points.
We look at and capture the two most recent and most prominent operations of sale of companies in the anti-piracy and anti-counterfeiting on the Internet.
For more information about Internet security, you can access to this recent entry on transactions between companies involved in cyber-security.
Founded in 2013 in Salzburg, Denuvo is a technology platform for application protection and global anti-piracy in video games. Its main products are Anti-Tamper, Anti Cheating and Application License Management. In general, Denuvo-protected games have been protected from attempts to "crack" them and produce a freely distributable copy.
On 24 January 2018, the sale of the company to the Dutch company was made official. Irdeto, security software developer which enables new forms of distribution for broadcast and mobile entertainment. Details of the deal were not made public, but Denuvo remained in full force and operating as usual.
This was Irdeto's most recent purchase, having not confirmed such a transaction since 2011 with the acquisition of BayTSP, which provides internet security and piracy monitoring services.
Founded in 2006 in Varberg, Sweden, Yellow Brand Protection is a global provider of online anti-counterfeiting services. His team removes an average of 95-100% from all unauthorised product listings on behalf of his clients and services four of the top ten "World's Most Valuable Brands" according to Forbes.
Corsearcha data-driven domain and brand protection and establishment business, acquired Yellow on 5 January 2018. Corsearch provides trademark and domain name management to corporate legal departments and law firms through its establishment and protection of brand and domain management business lines.
"Companies large and small are realising the importance of protecting their brands, sales and consumers from online counterfeiting and IP infringement," said Yellow CEO Daniel Bennett. "Our leading technology and employee expertise, combined with Corsearch's industry presence with leading companies and IP law firms, will further enhance our value to businesses in the global marketplace."