Cybersecurity startup Darktrace intercepts 65M in fresh funding at a valuation of over 400M

Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch's Invoke Capital, has closed 65 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners and new investors TenEleven Ventures and SoftBank. I understand the new investment gives the 2013-founded company a valuation of more than 400 million, while in a call Lynch told me the new backing was a typical growth round and will be used for further international expansion and for R&D. In particular, he said Darktrace is developing technology to help companies respond to not only human-written cyberattacks but also the pending threat of machine-learning-based attacks that, in classic sci-fi-comes-true-fashion, will increasingly see AI battling it out with AI on behalf of the good and bad folks, respectively. But let's step back and take a look at what Darktrace offers today.