Darktrace

Darktrace

AI-driven cyber security solutions provider

About Darktrace

Simplify's Rating
Why Darktrace is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Cybersecurity

AI & Machine Learning

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Cambridge, United Kingdom

Founded

2013

Overview

Darktrace specializes in AI-driven cyber security solutions that detect and respond to cyber attacks autonomously. Its technology uses self-learning algorithms to identify threats like phishing, malware, and ransomware, allowing it to neutralize these threats without interrupting normal business activities. Unlike many competitors, Darktrace focuses on providing continuous protection through a subscription model, ensuring clients receive real-time threat responses. The company's goal is to maintain the security of its clients' operations while minimizing disruptions, and it has gained recognition for its unique approach and strategic partnerships with major tech companies.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Achieving FedRAMP High ATO boosts Darktrace's credibility in the U.S. federal market.
  • The acquisition of Cado Security enhances Darktrace's cloud investigation and response capabilities.
  • Recognition in Gartner Magic Quadrant™ highlights Darktrace's influence in email security.

What critics are saying

  • AI-generated malware poses a significant threat, evading traditional detection methods.
  • Integration of Cado Security presents challenges in aligning technologies with Darktrace's platforms.
  • Rapid evolution of AI-powered attacks requires continuous enhancement of detection capabilities.

What makes Darktrace unique

  • Darktrace uses self-learning AI to autonomously detect and respond to cyber threats.
  • The company offers subscription-based services for continuous protection and real-time threat response.
  • Darktrace's strategic partnerships with MISA and AWS enhance its cybersecurity capabilities.

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Funding

Total Funding

$5768.4M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Parental Leave

Pet Insurance

Life Insurance

Commuter Benefits

401(k) Company Match

Paid Vacation

Paid Holidays

Flexible Work Hours

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

1%
PR Newswire
Mar 20th, 2025
Darktrace Federal Achieves Fedramp® High Authority To Operate For Its Ai-Powered Cybersecurity Platform

New designation will accelerate Darktrace Federal's ability to deliver AI-powered defense for IT, OT, and email to the federal governmentARLINGTON, Va., March 20, 2025 /PRNewswire/ -- Darktrace Federal today announced that it has achieved its Federal Risk and Authorization Management Program (FedRAMP®) High Agency Authority to Operate (ATO). With the ATO designation, Darktrace's Federal agency sponsor has formally recognized that Darktrace Federal's Cyber AI Mission Defense™ and Cyber AI Email Protection™ environment have demonstrated compliance with the FedRAMP High security requirements and undergone the necessary rigorous security assessment. This formal recognition of Darktrace Federal's compliance in federal environments marks a critical milestone for accelerating adoption of AI-powered IT, OT, and email cybersecurity solutions to the U.S. federal government via secure cloud-native deployments.FedRAMP is a U.S. government-wide program that promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security and risk assessment for cloud technologies and federal agencies. Achieving the FedRAMP High ATO indicates that Darktrace Federal has achieved the highest standard for cloud security controls and can handle the U.S

VentureBeat
Mar 11th, 2025
Ai Vs. Ai: 6 Ways Enterprises Are Automating Cybersecurity To Counter Ai-Powered Attacks

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Why is AI becoming essential for cybersecurity? Because every day, in fact every second, malicious actors are using artificial intelligence to widen the scope and speed of their attack methods.For one thing, as Adam Meyers, senior vice president at CrowdStrike, told VentureBeat in a recent interview, “The adversary is getting 10 to 14 minutes faster every year. As their breakout times shrink, defenders have to react even faster — detecting, investigating and stopping threats before they spread. This is the game of speed.”Meanwhile, Gartner wrote in its recent study, Emerging Tech Impact Radar: Preemptive Cybersecurity, that “[m]alicious actors are exploiting generative AI to launch attacks at machine speed. Organizations can no longer afford to wait for a breach to be detected before taking action

VentureBeat
Feb 20th, 2025
Invisible, Autonomous And Hackable: The Ai Agent Dilemma No One Saw Coming

This article is part of VentureBeat’s special issue, “The cyber resilience playbook: Navigating the new era of threats.” Read more from this special issue here.Generative AI poses interesting security questions, and as enterprises move into the agentic world, those safety issues increase. When AI agents enter workflows, they must be able to access sensitive data and documents to do their job — making them a significant risk for many security-minded enterprises.“The rising use of multi-agent systems will introduce new attack vectors and vulnerabilities that could be exploited if they aren’t secured properly from the start,” said Nicole Carignan, VP of strategic cyber AI at Darktrace. “But the impacts and harms of those vulnerabilities could be even bigger because of the increasing volume of connection points and interfaces that multi-agent systems have.”Why AI agents pose such a high security riskAI agents — or autonomous AI that executes actions on users’ behalf — have become extremely popular in just the last few months. Ideally, they can be plugged into tedious workflows and can perform any task, from something as simple as finding information based on internal documents to making recommendations for human employees to take.But they present an interesting problem for enterprise security professionals: They must gain access to data that makes them effective, without accidentally opening or sending private information to others. With agents doing more of the tasks human employees used to do, the question of accuracy and accountability comes into play, potentially becoming a headache for security and compliance teams. Chris Betz, CISO of AWS, told VentureBeat that retrieval-augmented generation (RAG) and agentic use cases “are a fascinating and interesting angle” in security. “Organizations are going to need to think about what default sharing in their organization looks like, because an agent will find through search anything that will support its mission,” said Betz. “And if you overshare documents, you need to be thinking about the default sharing policy in your organization.”Security professionals must then ask if agents should be considered digital employees or software. How much access should agents have? How should they be identified?AI agent vulnerabilitiesGen AI has made many enterprises more aware of potential vulnerabilities, but agents could open them to even more issues.“Attacks that we see today impacting single-agent systems, such as data poisoning, prompt injection or social engineering to influence agent behavior, could all be vulnerabilities within a multi-agent system,” said Carignan. Enterprises must pay attention to what agents are able to access to ensure data security remains strong. Betz pointed out that many security issues surrounding human employee access can extend to agents

Sharecast
Jan 9th, 2025
Thursday newspaper round-up: Job vacancies, civil servants, Darktrace

British cybersecurity group Darktrace has announced the proposed acquisition of Cado Security, a cloud-based security specialist, as it is set to become "more acquisitive" after being taken private last year.

PR Newswire
Jan 9th, 2025
Darktrace Announces Proposed Acquisition Of Cado Security, A Cloud Investigation And Response Specialist

CAMBRIDGE, UK, Jan. 9, 2025 /PRNewswire/ -- Darktrace, a global leader in AI for cybersecurity, today announced the proposed acquisition of Cado Security (Cado), a UK-based cyber investigation and response solution provider for the hybrid and multi-cloud world. Cado Security delivers broad support across multi-cloud, container, serverless, SaaS, and on-premises environments, eliminating blind spots in incident response. The acquisition is subject to receipt of regulatory approval and is expected to complete in February.A leader in cloud data capture and forensics, Cado examines the intricacies of nearly any system, capturing a snapshot of data stored on the device and then conducting forensic investigations to uncover signs of compromise or threats. Darktrace intends to accelerate the growth of Cado's existing products through investment while also combining Cado's forensic investigation technology with Darktrace's existing ActiveAI Security Platform™, enhancing data collection across multiple cloud environments to better defend customers' operations. This richer data set can also enable significant augmentation to Darktrace's Cyber AI Analyst™ which investigates alerts, streamlines investigations and prioritizes incidents, reducing workload and alert fatigue for customers' cyber teams.Cado was founded by James Campbell, CEO, and Chris Doman, CTO

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