Mike Lynch's cybersecurity startup Darktrace valued at more than £60m
by Juliette Garside from on (#F4A8)
Anti-hacking technology backed by former founder of Autonomy attracts $22.5m funding from venture capital firm Summit
A British cybersecurity firm backed by software entrepreneur Mike Lynch has been valued at more than $100m (64m) in a new funding round.
Cambridge-based Darktrace aims to combat sophisticated cyber-attacks with software that learns the behavioural patterns of every device, user and network within an organisation. When unusual activity is detected, the Darktrace software alerts human cybersecurity experts.