Red Points announced $38 million in Series C funding from Summit Partners, Northzone, Mangrove, Eight Roads Ventures and Banco Sabadell.

Red Points, a Barcelona, Spain-based provider of solutions for online IP infringement detection and removal, announced the completion of a $38 million capital investment round, Series C.

The round was led by Summit Partners, with additional participation from existing investors Northzone, Mangrove, Eight Roads Ventures and Sabadell Venture Capital.

Red Points, founded in 2011 and led by CEO Laura Urquizu, built a platform that leverages artificial intelligence to continuously connect a targeted web crawler to a rules-based rights management database that learns from each account’s history and improves the level of protection over time. Red Points’ proprietary software currently removes hundreds of thousands incidents of illegal products and content from the web monthly, across over 100 online marketplaces and social networks. Red Points’ solutions are used by over 550 brands worldwide including Bang & Olufsen, MVMT and DOPE.

Prior to this round, Red Points raised about $26 million from investors.