Deep Instinct Receives $100 Million in Series D Funding
NEW YORK (April 22, 2021) – Deep Instinct, the first company to apply end-to-end deep learning, based on the only purpose-built deep learning framework for cybersecurity, announced today that it has successfully raised $100 million in Series D funding. The Deep Instinct platform can predict, prevent, and analyze cyberattacks at any touchpoint of the organization from the endpoint through to the network. This round was led by funds and accounts managed from BlackRock, with participation from Untitled Investments, The Tudor Group, an investment by Anne Wojcicki, and existing investors, including Millennium, Unbound, and Coatue Management, among others. This new capital doubles the investment to date, bringing the total funding to $200 million, and will fuel the company’s aggressive growth plans for 2021 and beyond.