The SB Isat-backed cybersecurity technology developer increased its overall funding to $230m in a Vitruvian-led round that valued it at $1.65bn.
DarkTrace, a UK-based cybersecurity system developer that counts telecommunications firms SoftBank and Indosat as backers, has secured $50m in a series E round led by private equity firm Vitruvian Partners.
Investment firm KKR and cybersecurity-focused venture capital firm 1011 Ventures also participated in the round, which valued the company at $1.65bn, double the $825m valuation at which it last raised money.
Founded in 2013, DarkTrace has developed software that utilises artificial intelligence (AI) and machine learning to detect and take…
