What is Deep Instinct?
Deep Instinct is a technology company specializing in a machine learning-based cybersecurity platform designed to proactively prevent and detect malware. Founded in 2015 and headquartered in New York City, the company leverages deep learning to provide a robust defense against a wide array of cyber threats. Its platform aims to offer a more effective and efficient solution compared to traditional security measures, positioning it as a key innovator in the rapidly evolving cybersecurity landscape. The company's focus on prevention through predictive analysis sets it apart in a market increasingly challenged by sophisticated attacks.
How much funding has Deep Instinct raised?
Deep Instinct has raised a total of $248.2M across 5 funding rounds:
Series A
$11.2M
Series B
$32M
Series C
$43M
Series D
$100M
Other Financing Round
$62M
Series A (2016): $11.2M with participation from Millennium Technology Value Partners, Alpha Intelligence Capital, and Samsung Ventures
Series B (2017): $32M, investors not publicly disclosed
Series C (2020): $43M supported by Unbound, Samsung, LG Technology Ventures, HP Inc., Millennium New Horizons, and NVIDIA
Series D (2021): $100M featuring Unbound, Coatue, Millennium, Untitled Investments, Anne Wojcicki, The Tudor Group, and BlackRock
Other Financing Round (2022): $62M backed by Jupiter and BlackRock
Key Investors in Deep Instinct
Samsung
Samsung is a global technology conglomerate known for its extensive range of electronic products and services. Their investment likely reflects an interest in cutting-edge technologies that can enhance their own product ecosystems or strategic partnerships in the advanced technology sector.
NVIDIA
NVIDIA is a leading technology company specializing in graphics processing units (GPUs) and artificial intelligence computing. Their investment in Deep Instinct suggests a strategic alignment with AI-driven cybersecurity solutions, potentially leveraging NVIDIA's hardware and AI expertise.
Coatue
Coatue is a prominent investment firm known for its focus on technology and growth-stage companies. Their participation indicates confidence in Deep Instinct's market potential and innovative approach to cybersecurity.
What's next for Deep Instinct?
With its recent enterprise-level funding, Deep Instinct is poised for accelerated expansion and further development of its deep learning cybersecurity solutions. The substantial capital infusion is expected to fuel advancements in its technology, enhance its global market reach, and strengthen its competitive position. This strategic financing will likely support increased research and development efforts, enabling the company to stay ahead of emerging cyber threats and expand its customer base. Deep Instinct's trajectory suggests a focus on scaling its operations and solidifying its role as a leader in next-generation cybersecurity.
See full Deep Instinct company page
