European cybersecurity attracts investors: Darktrace and Silent Circle

02/02/2017
Diego Gutiérrez
European cybersecurity attracts investors: Darktrace and Silent Circle
 Darktrace and Silentcircle have raised more than $50M in 2016. Investors include major international investors such as KKR, but also European investors such as Santander.
Darktrace gets $64M

Darktrace is a British company founded in 2013, which has not stopped growing since it was founded. It has already made three rounds of investment and has raised a total of $104.5M, bringing its valuation to $400M.

What is the secret of your success, which in 2016 led you to increase your turnover by 600%?

Their differentiation is that instead of dealing with the inevitable, they seek to minimise the damage caused by security attacks and maintain a constant vigilance that adapts to the evolution of attacks. To this end, it has an 'Enterprise Immune System', a system that monitors a company's entire network and has special software that is able to detect suspicious behaviour, so that it quickly takes control to minimise the situation, for example by slowing down the network speed until it recognises what is happening, or blocking access.

Its investors include major international investors such as KKR, Summit Partners, TenEleven Ventures and SoftBank.

Silent Circle receives $50M in Santander-led round

Silent Circle, is a pioneering group in the field of mobile communications security based in Geneva.

 Founded in 2011, it launched a mobile encryption app in 2012 and a highly secure device known as the blackphone in 2013. When large consumer-oriented technology companies such as Apple Inc and Facebook Inc rolled out free and easy-to-use mobile encryption apps, Silent Circle had to change its business model. It now focuses on developing software products that companies can use to secure and manage employee mobile communications.

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