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Darktrace Hits Over $1 Billion in Bookings
June 3, 2020 News

 

Darktrace, the world’s leading cyber AI company, announced that it has hit over $1 billion dollars in cumulative bookings.

Founded in 2013, Darktrace is one of the fastest-growing private companies in the world with over 1,200 employees and 3,500 customers across 110 countries. In 2020, demand has hit an all-time high, as Darktrace’s self-learning AI is uniquely positioned to adapt to defend today’s remote workforce. Over 600 organisations across Asia Pacific have now deployed Darktrace’s Cyber AI Platform. These includes Australia’s leading retail pharmacy chain Chemist Warehouse, Taiwan’s largest taxi organisation Taiwan Taxi Co. Ltd, leading Japanese pharmaceutical company Otsuka Pharmaceutical, South Korean multinational company Samsung Electronics, Singapore-based Farrer Park Group, and India’s leading media organisation Network 18. Today, Darktrace has 150 employees across 13 offices in Asia Pacific.

The number of new customers using the Enterprise Immune System to defend cloud and SaaS environments from cyber-threats increased by 60% in March compared to January, whilst the number of organizations adopting Antigena – the company’s autonomous response capability – increased by over 30%.

Darktrace AI is a self-learning technology that is designed to understand the ‘pattern of life’ for every user across an organisation. The AI is capable of analysing and protecting the full range of digital environments – from cloud and SaaS applications, to email environments, IoT, industrial control systems, and the network. The AI detects novel threats that may otherwise go unnoticed and stops them before they escalate into a full-blown attack.

Customers span all industries and include Petco, Banco Popular Dominicano, Micron Technology Inc, Jimmy Choo, Chantecler, and Sky Italia.

Poppy Gustafsson, CEO at Darktrace, commented: “To eclipse the $1 billion mark in bookings is a major milestone for Darktrace as organizations around the world accelerate their adoption of AI for cyber security. Our self-learning cyber AI remains the only technology on the market that can autonomously adapt to fast-changing digital environments and protect workforces from advanced cyber-threats before they do damage.”

“We believe Darktrace’s rapid expansion is testament to the power of their AI technology, with its ease of implementation and universal applicability across industry sectors,” said Han Sikkens, member of the Darktrace Board of Directors and Managing Director at Summit Partners, which invested in Darktrace in 2015. “We are excited to see the enhancement of their product portfolio, and continued growth into new territories.”

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