Darktrace reports surge in cyber defence demand
Cambridge UK cyber technology business Darktrace reports a 510 per cent surge in year on year bookings with and revenue growth of 450 per cent. Headcount has grown 231 per cent and now stands at close to 200 employees in 18 locations around the world, with new US headquarters in San Francisco and a new office on the Champs-Élysées in Paris.
There have been over 750 installations of the technology to date, with a quarter of these in the financial services industry, including global banks and hedge funds, though companies in all sectors have adopted Darktrace.
The Industrial Immune System technology has been taken up by utilities, manufacturing and energy companies, including nuclear and power stations. Over 120 partners have signed up to work with Darktrace all over the world.
Based on mathematics and machine learning developed at the University of Cambridge, Darktrace's Enterprise Immune System has detected over 5500 serious cyber incidents within users' networks so far, allowing them to get ahead of potential risk.
Nicole Eagan, CEO at Darktrace (pictured above), said: “It is clear that the application of machine learning to cyber security is an industry game-changer and Darktrace provides a truly unique solution in the face of evolving cyber threat. We look forward to continuing our expansion in 2016, as even more organisations learn the benefit our next-generation security has to offer.”