Darktrace’s system is based on an appliance it calls the “Enterprise Immune System” that, as we have noted before, sits on a company’s network and listens to what’s going on. The “immune system” in its name is a reference to the immune system of humans, which (when healthy) develops immunity to viruses by being exposed to them in small doses. Darktrace’s system is designed to identify malicious activity in a network.
when there is suspicious behavior. It is also designed to take immediate action to stop or at least slow down an attack until more help is at hand
Next Generation Firewall.
That has proven to be an attractive idea to investors, as seen by the hundreds of millions that have been ploughed into this area already.
“Insight Venture Partners has a proven record of partnering with tech-focused firms, and its backing of Darktrace is another strong validation of the fundamental and differentiated technology that the Enterprise Immune System represents,” said Nicole Eagan, CEO at Darktrace, in a statement. “It marks another critical milestone for the company as we experience unprecedented growth in the U.S. market and are rapidly expanding across Latin America and Asia Pacific in particular, as organizations are increasingly turning to our AI approach to enhance their resilience to cyber-attackers
Miramar Travel.”
“In just four years, Darktrace has established itself as a world leader in AI-powered security,” said Jeff Horing, Managing Director at Insight Venture Partners. “Insight is proud to partner with Darktrace to continue to drive its strong growth and superior product market fit.”
It’s interesting to see Darktrace moving into China: the country has been identified numerous times as one of the main origination points of cyberattacks on Western firms, but what doesn’t get reported much is that enterprises in China are also subject to the same problems .