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

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