Tag: Darktrace

FI’s in F1: Does on track success lead to victory in...

From iconic liveries to memorable, yet farcical characters, Formula One has a rich, colourful, and yet troubled past with sponsors. With global brands such as Marlboro, Vodafone, and Petronas weaving their way into the annuls of the sport’s history, it is no surprise that many FinTechs have tried to do so too. Renowned names, in the form of Visa and Cash App, being the latest, as they penned a controversial deal to rebrand Alpha Tauri under a new guise and moniker: Visa Cash App RB Formula One Team. Ahead of the 2024 season, FinTech Global investigates whether there is any correlation between performance on track – and success in the business world. 

CyberTech Darktrace sees shares soar following takeover rumours

Shares in UK-based CyberTech Darktrace have soared by almost a fifth following rumours of a possible takeover by Thoma Bravo.   

Cybersecurity firm Darktrace launches new AI-powered tool

AI-powered cybersecurity platform Darktrace has launched its PREVENT product, which is an interconnected set of AI products that deliver proactive cybersecurity capability to help organisations preempt future cyberattacks.

Ransomware ramps up for the holidays, Darktrace reveals

The average number of attempted ransomware attacks increased by 30% over the holiday season, according to research from global leader in cyber security AI Darktrace.

Darktrace said to be considering £3bn listing on London Stock Exchange

UK-based cybersecurity unicorn Darktrace is reportedly eyeing a £3bn listing on the London Stock Exchange.

Darktrace co-CEO warns that 5G will mean bigger cybersecurity risks

5G will mean a significant upgrade to business connectivity. However, Nicole Eagan warns it could also bring massive cybersecurity risks.

Darktrace hits $1.65bn valuation following Series E

Darktrace, which uses machine learning and AI algorithms to provide cyber defense services, has closed its Series E round at a $1.65bn valuation.

Darktrace closes $75m Series D funding round

Machine learning cybersecurity developer Darktrace has closed its Series D funding round on $75m, with Insight Venture Partners leading the round.

UK FinTech shrugs off Brexit woes to set a new funding...

The first three quarters of 2017 saw £2.1bn of investment in UK FinTech companies, almost double the total invested in the whole of 2016 ...

Recorded Future bags $25m Series E led by Insight Venture Partners

Cybersecurity platform Recorded Future has closed a $25m Series E funding round led by Insight Venture Partners.

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