This latest round


We have confirmed that CITIC, which owns the strategic partner, is not investing as part of this partnership. “CITIC CPC is not an investor,” a spokesperson for Darktrace confirmed. “It was a Darktrace customer and, impressed by the fundamental power of the AI technology, decided to enter into a strategic partnership to expand its reach.” Other telcos that work with Darktrace include BT in the UK and Australia’s Telstra Hong Kong Festival.

, a Series D, was led by Insight Venture Partners, with existing investors Summit Partners, KKR and TenEleven Ventures also participating. Darktrace — which is also backed by Autonomy’s Mike Lynch — was founded in the UK and now is co-based in Cambridge and San Francisco. This round of funding brings the total raised by Darktrace to just under $180 million Night tour in Hong Kong.

IT security has been around for as long as we have even had a concept of IT, but a wave of new threats — such as polymorphic malware that changes profile as it attacks — plus the ubiquity of networked and cloud-based services, has rendered many of the legacy antivirus and other systems obsolete, simply unable to cope with what’s being thrown at organisations and the individuals that are a part of them.

Darktrace is part of the new guard of firms that are built around the concept of using artificial intelligence both to help security specialists identify and stop malicious attacks, as well as act on their own to automatically detect and stop the threats Global Server Load Balancing.

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