Deep Instinct Announced a $ 43 million fundraising round in its third round

Posted on Feb 15, 2020 by Ifi Reporter - Dan Bielski

Deep Instinct, the first cyber security company and true to the only day that has been able to embed an end-to-end deep learning based system that can predict, detect and prevent cyber attacks before they occur, Announced a $ 43 million fundraising round in its third fundraising round. The round was led by Millennium New Horizon of New York, Unbound, the London Giant Foundation founded by the Mittal family, the global media and steel giant who also participated, along with LG and NVIDIA who also invested in the B round.
Deep Instinct is the only company in the world joined by 4 of the world's largest technology companies (Samsung, HP, Nvidia, LG) for a huge investment. The total investment in the company so far reaches $ 100 million and is primarily aimed at expanding global business operations as well as the company's research and development bodies.
Guy Caspi, co-founder and CEO of Deep Instinct noted, “The year 2019 has been particularly successful for the hackers. Current cyber security fails on a daily basis with hundreds of thousands of successful hacks every day. Existing solutions in the world market, including those that claim to be advanced and implement machine learning from the old artificial world, are based on the assumption that the system has already been hacked, is good at identifying but not good enough to prevent any new threats and unsatisfactory against the range of sophisticated attacks That the world faces them every day. Deep instinct takes a completely new and different approach, and prevents such attacks before they begin, we have cracked the DNA of cyber attacks. "
Unlike traditional security systems that primarily deal with known threats that detect cyber attacks only after an intrusion into the corporate network or end devices has been detected, Deep Instinct uses a deep neuronal network-based platform (the most advanced area of ​​artificial intelligence that mimics the human brain's way of thinking and learning. ) The Deep Instinct algorithm learns to identify and stop cyber threats even when they first appear and use sophisticated tools. As a result, cyber threats are avoided across the corporate network. Any type of attack, file-based or non-file-based, is answered at zero response, with high accuracy and unmatched speed.
Deep Instinct recently announced an OEM partnership with HP Inc. - HP Sure Sense - for the protection of the company's new EliteBook and ZBook devices. By leveraging the deep learning instinct to prevent Deep Instinct Threats, HP Sure Sense provides detection and prevention of the most sophisticated threats in zero time.
Deep Instinct's capabilities have also been recognized by several independent research organizations, including SE Labs, which have tested the company's technology and achieved 100% detection of file-based and non-file-based attacks and zero errors, all without affecting system performance. The company has recently been awarded the ISO 27001 standard.
 


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