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 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.

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Simplify's Take

What believers are saying

  • FedRAMP High ATO allows Darktrace to expand in the U.S. federal government sector.
  • Partnership with Climb boosts Darktrace's market penetration in North America.
  • Acquisition of Cado Security enhances Darktrace's cloud-based security capabilities.

What critics are saying

  • AI-powered cyber attacks increase threat complexity, requiring faster detection and response.
  • Multi-agent AI systems introduce new vulnerabilities, posing security risks.
  • Acquisition strategy may lead to integration challenges and dilution of core focus.

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

↑ 1%

2 year growth

↑ 1%
VentureBeat
May 2nd, 2025
Rsac 2025: Why The Ai Agent Era Means More Demand For Cisos

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. While over 20 vendors announced agentic AI-based security agents, apps and platforms at RSAC 2025, the most insightful news from the conference is a rare, encouraging trend for security leaders. For the first time in three years, overall cybersecurity effectiveness has improved.Scale Venture Partners (SVP) recently released the 2025 Cybersecurity Perspectives Report, which shared that the average effectiveness of cybersecurity protections improved for the first time in three years, increasing to 61% efficacy this year from 48% in 2023. According to the report, “70% of security leaders were most protected against general phishing attacks, with only 28% of firms reporting compromise.”SVP also found that 77% of CISOs believe protecting AI/ML models and data pipelines is a priority to improve their security posture by 2025, up from 55% last year. Notably, given the influx of new agentic AI solutions announced at RSAC, 75% of firms expressed interest in leveraging AI to automate SOC investigations using AI agents to triage large volumes of security alerts to prevent security incidents.Source: Scale Venture Partners, Cybersecurity Perspectives 2025 report.SVP’s rise in efficacy numbers isn’t accidental; they result from CISOs and their teams adopting automation at scale while successfully consolidating their platforms and reducing gaps attackers had walked through in the past

All About AI
Apr 25th, 2025
Darktrace Elevates Network Defense With AI Innovations

Darktrace, a leader in AI-driven cybersecurity, has introduced significant upgrades to its Network Detection and Response (NDR) solution.

Digital IT News
Apr 16th, 2025
New AI Models Power Proactive Security in Darktrace's Cyber AI Analyst

To further help uplift security teams, Darktrace is introducing two next-generation AI models for cybersecurity within Cyber AI Analyst, including:

Darktrace
Apr 4th, 2025
Darktrace Named as Market Leader in the 2025 Omdia Market Radar for OT Cybersecurity Platforms

We are pleased to announce that Darktrace / OT has been named a Market Leader in Omdia's 2025 Market Radar for OT Cybersecurity Platforms.

Channel Insider
Apr 3rd, 2025
Darktrace and Climb Sign North American Distribution Agreement

The news of the partnership between Darktrace and Climb comes not long after Darktrace received the authority to operate (ATO) in federal environments, thus expanding its ability to deliver AI-powered defense for IT, OT, and email.

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