AI Cybersecurity Startups To Watch – The Innovator news

Deals and dollars to cybersecurity startups are on track to break records in 2017, according to research firm CB Insights, and those that use artificial intelligence to fight cyber crime are among them. Darktrace, a global machine learning company specialized in cyber defense, raised $75 million in July of this year in a series D round of venture capital funding led by Insight Venture Partners, with participation from Summit Partners, KKR, and TenEleven Ventures. Darktrace has raised $180 million in total since its inception, and the company now claims a post-funding valuation of $825 million. Read on to find out more about The Innovator's picks for AI cybersecurity startups to watch. What it does: Applies AI algorithms to predict, identify and stop malware and mitigate damage from zero-day attacks.