There is a malicious attack every 39 seconds on internet-connected devices; three new phishing sites are launched every minute. Seconds can make a difference in the fast world of cybersecurity when encountering a breach, which costs $3.86M on average. Deep Instinct is an end-to-end cybersecurity detection platform that leverages deep learning to process threats faster than other solutions. The company has reduced threat detection to mere milliseconds, ensuring that companies are able to detect zero-day attacks before any critical infrastructure or sensitive data is compromised. AlleyWatch caught up with Cofounder and CEO Guy Caspi to learn more about how his experience in the Israel Defense Forces inspired the platform, the state of the cybersecurity market, the company’s latest funding round from investors that include funds and accounts managed from BlackRock, Untitled Investments, The Tudor Group, Anne Wojcicki, Millennium, Unbound, and Coatue Management.
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The Pfizer of the cybersecurity world : Deep Instinct lands $100M
Israeli startup Deep Instinct s artificial neural network can stop cyber threats in less than 10-milliseconds Idan Ben Tovim / 25 Apr 2021 • 2 min read
Nothing can stop the bubbling Israeli cyber scene, as yet another cyber startup collects a 9-digit paycheck. Deep Instinct secures $100 million in Series D funding; led by BlackRock, with participation from Untitled Investments, The Tudor Group, Anne Wojcicki, and existing investors, including Millennium, Unbound, and Coatue Management, among others. The company’s valuation remains unknown, but the round did double its cash in hand, now with $200 million. Deep Instinct CEO tells Geektime that the company is headed for IPO.
Deep Instinct, a NYC-based company that applies end-to-end deep learning, based on a deep learning framework for cybersecurity, raised $100m in Series D funding.
This round, which brought total funding to $200m, 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.
The company intends to use the funds to accelerate its growth plans for 2021 and beyond.
Led by Guy Caspi, CEO, and Lane Bess, Chairman, Deep Instinct provides a platform that can predict, prevent, and analyse cyberattacks at any touchpoint of the organisation from the endpoint through to the network.
Israeli cybersecurity co Deep Instinct raises $100m
The Deep Instinct platform can predict, prevent, and analyze cyberattacks at any point of the organization.
Israeli cybersecurity company Deep Instinct announced today that it has completed a $100 million Series D financing led by funds and accounts managed from BlackRock, with participation from Untitled Investments, The Tudor Group and existing investors, including Millennium, Unbound, and Coatue Management. This brings to $200 million the amount raised by Deep Instinct to date, and the new funds will fuel the company s aggressive growth plans.
Based on a purpose-built deep learning framework for cybersecurity, the Deep Instinct platform can predict, prevent, and analyze cyberattacks at any touchpoint of the organization from the endpoint through to the network.
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