.
MergerLinks Header Logo

New Deal


Announced

Insight Venture Partners, Summit Partners, KKR and TenEleven Ventures has invested $75m in Darktrace.

Financials

Edit Data
Transaction Value£59m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Software

Acquisition

cybersecurity

Minority

Private

United Kingdom

Pending

Natural

Private Equity

Single Bidder

Synopsis

Edit

Insight Venture Partners, Summit Partners, KKR and TenEleven Ventures has invested $75m in Darktrace, the world’s leading machine learning company for cybersecurity. “Insight Venture Partners has a proven record of partnering with tech-focused firms, and its backing of Darktrace is another strong validation of the fundamental and differentiated technology that the Enterprise Immune System represents. It marks another critical milestone for the company as we experience unprecedented growth in the US market and are rapidly expanding across Latin America and Asia Pacific in particular, as organizations are increasingly turning to our AI approach to enhance their resilience to cyber-attackers.” Nicole Eagan, Darktrace CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US