SHARE The UAE-based cyber security start-up spiderSilk has raised $2.25 million in a funding round led by Saudi Technology Ventures and Dubai-based Global Ventures. The investment will help the company to grow its network of clients and expand its footprint across the Middle East and North Africa region, and establish a presence in North America, the company said. "We are thrilled by the support we have received from all our partners and investors ... they will be instrumental in bringing our vision to life," Rami El Malak, co-founder of the start-up, said. Founded in 2019, spiderSilk previously raised $500,000 of seed capital in a round led by Global Ventures last year.