The anti-malware software developer, which had raised $10m in a Dell Ventures-backed round just three months ago, will be acquired by Sophos.
Computing hardware producer Dell is set to exit US-based antivirus software developer Invincea after cybersecurity firm Sophos agreed yesterday to acquire it in a deal initially sized at $100m.
Invincea develops software that uses and behavioural monitoring and deep-learning neural-network algorithms to detect and fight malware. Its customers mainly stem from the US government and the healthcare and financial services industries.
The company had raised approximately $39m in funding, according to press releases and regulatory filings.
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