The cybersecurity technology provider, which counts SB Isat among its early investors, has gone public in its home country.
UK-based cybersecurity software producer Darktrace floated today in a £165m ($230m) initial public offering, having previously raised $393m from investors including SB Isat, the joint venture between telecommunications firms SoftBank and IndoSat.
The company priced just over 66 million shares at £2.50 each but its shares have jumped to £3.51 on its first day of trading, giving it a market capitalisation of roughly $2.39bn.
Darktrace’s software uses artificial intelligence to autonomously detect and respond to cyber threats. It made a…
