Thursday, July 7, 2016

Darktrace Picks Up $65M For Cybersecurity Software

San Francisco- and Cambridge, England-based Darktrace, which develops automated, enterprise cybersecurity and threat response software, said Wednesday that it has raised $65M in a funding round. The funding came from Summit Partners, TenEleven Ventures, and the SB ISAT Fund, which is affiliated with SoftBank. Darktrace, which has 300 employees, says its software uses mathematics and machine learning techniques to respond to cybersecurity threats. The company is led by Nicole Eagan. More information »