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Darktrace, a US-based cyber defense company raised $ 50 million in its recent Series E round, raising the company's valuation to $ 1.65 billion.
The company said Wednesday that funding – led by Vitruvian Partners, with the help of KKR and 1011 Ventures – will lead to further international expansion.
Darktrace is one of the largest enterprise security startups on the market. Its proprietary technology relies on a company's network and uses machine learning to identify and stop malicious behavior, helping administrators cope with threats as they arise. Since being injected $ 75 million into its D Series financing a year ago, Darktrace has more than doubled its deployments to more than 7,000 networks and counts London Gatwick Airport, AIG, among its customers. and the Science Museum Group.
Nicole Eagan, Executive Director of Darktrace said that the company enjoys "strong growth in new and existing geographies".
"Our biggest priority right now is to meet the demand for our technology to continue to fight against AI-based attacks," Eagan told TechCrunch. "We are currently focused on growth."
"We are also continuing to open offices in areas of highest demand, hiring more employees to meet rapidly growing demand, and gathering feedback from customers to better serve our customers," she said. she declared.
The company has also increased its workforce by more than half and has eight new offices, including Los Angeles and three times its office in Singapore.
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