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Pierre Omidyar

Baltimore-based Terbium Labs receives $2 million from eBay founder's firm

Baltimore-based Terbium Labs receives $2 million from eBay founder's firm

Baltimore-based Terbium Labs, a dark web intelligence firm, announced a $2 million investment that will help the company advance its web monitoring software.

The Omidyar Network, a philanthropic investment firm created by eBay founder Pierre Omidyar and his wife Pam Omidyar, invested $2 million in Terbium Labs, the company announced Monday. The funds will be used to continue developing Matchlight, Terbium’s fully private dark web data intelligence system, and to expand its sales and marketing efforts.

Matchlight helps companies minimize the risk of damaging data breaches by monitoring their exposure on the dark web and scanning for stolen information.

“Data privacy is...

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