Cybersecurity start-up Darktrace raises million backed by KKR

Darktrace, a U.K. cybersecurity firm that positions its software as the “human immune system” for networks, has raised $64 million in a funding round led by U.S. private equity giant KKR, the start-up said on Wednesday. Existing investor Summit Partners contributed while new investors TenEleven Ventures and SoftBank joined the round. The British start-up is also backed by Autonomy founder Mike Lynch’s Invoke Capital. Darktrace’s solution sits in the middle of an organization’s computer network and can detect cyber-threats in real-time, allowing the company’s security team or the software to take action to protect the system. The start-up has been developing its machine learning capabilities – advanced algorithms that can adapt and learn. Darktrace says that its machine learning techniques are based on the “biological principles of the human immune…

Link to Full Article: Cybersecurity start-up Darktrace raises million backed by KKR

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!