England based artificial intelligence cyber security company has raised $64m of Series C funding led by KKR with participation from Softbank. The round values the company at $400m.
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KKR, Softbank Fund Mike Lynch’s Darktrace Cybersecurity Startup
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Although Darktrace is based in the U.K., Lynch said he saw little impact on the company’s business from Brexit. "In the cyber area there is a real urgency to the problem and there is very little that actually works," he said. As a result, customers don’t worry very much about where the technology comes from, just whether it works, he said.
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