Deep Instinct, a NYC-based cybersecurity company applying end-to-end deep learning to predict, identify, and prevent cyberattacks, raised $43m in Series C funding.
The round, which brought total funding to $100m, was led by Millennium New Horizons, with participation from Unbound, the London-based investment firm founded by Shravin Mittal, along with LG, and existing investor NVIDIA.
The company intends to use the funds to accelerate sales and marketing, as well as to expand business operations globally.
Led by Guy Caspi, co-founder and CEO, and Lane Bess, Chairman, Deep Instinct uses a patented deep learning platform trained to identify and prevent first-seen, sophisticated and advanced cyber threats. Threats are prevented anywhere within the enterprise from any type of file-based or file-less cyber attacks in zero-time, with unmatched accuracy and speed. Its deep learning protection is inclusive of physical and virtual networks, endpoints, and mobile, across multiple operating systems (Windows, iOS, Android, Chrome OS, and macOS).
The company’s Fortune 500 customer list includes global financial services, healthcare, aviation, insurance, and technology companies. Deep Instinct recently announced an OEM partnership with HP Inc. to launch HP Sure Sense, on HP’s latest EliteBook and ZBook devices. By leveraging its deep learning threat prevention engine, HP Sure Sense provides zero-time detection and prevention against the most advanced cyber threats.