This Cybersecurity Startup Raised Million to Track Digital Intruders

Darktrace, a cybersecurity firm based in Cambridge and San Francisco, has raised $65 million in Series C funding, now valuing the company at more than $400 million. The business claims to use machine learning technology to detect and respond to cyberattacks. KKR, a private equity firm based in the United States, led the round, which included existing investors Summit Partners and new investors TenEleven Ventures as well as the SoftBank-affiliated sbhgf SB ISAT Fund. Get Data Sheet, Fortune’s technology newsletter. Darktrace, founded three years ago, said its revenue grew 600% in the past year. The 300-person company boasted it has more than 1,000 customers and will use the latest cash injection to fuel growth globally. Nicole Eagan, CEO of Darktrace, said in a statement that her firm “chose to partner…


Link to Full Article: This Cybersecurity Startup Raised Million to Track Digital Intruders

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