Facebook's ThreatExchange platform has closed in on nearly 100 participants since its inception six months ago and has streamlined the application process.

ThreatExchange launched in February as a free tool for sharing threat and attack data between members. The platform also pulls in open source threat intelligence feeds and collects information from Facebook's huge network.

Microsoft, PayPal and Dropbox have been added to the original partner list that included the likes of Twitter, Pinterest, Yahoo, Tumblr and more bringing a total count to over 90 active participants across seven industries.

The application process is now easier for organisations interested in joining and was a necessary step since it would soon be available to a broader range of smaller companies.

Facebook said it has more than three million interactions on the platform per month with companies interested in intelligence on attacks, including indicators of compromise and IP address ranges involved in attacks.