AI infosec biz Darktrace boasts near-doubled revenues as firm alumni battle HPE in civil case

AI infosec biz Darktrace boasts near-doubled revenues as firm alumni battle HPE in civil case

5 years ago
Anonymous $Dftgs0JzgE

https://www.theregister.co.uk/2019/04/01/darktrace/

Darktrace, the security startup backed in part by Mike Lynch, the exec currently involved in a big civil fraud case being heard at the UK's High Court, has nearly doubled turnover and reported deeper losses.

The firm, started by Cambridge Uni maths boffins and folk with infosec experience gained at intelligence agencies, said in its latest results (PDF) that revenue was up 93 per cent to £59.48m in the year to 30 June 2018.

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