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July 11, 2017 07:28 am GMT

More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

Digital security key concept background with binary data codeWith cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillionover the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovating ways to combat malicious hackers. In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZK6h97sIAY0/

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