Security Startup Deep Instinct Closes $32 Million
Deep Instinct announced it has secured $32 million in Series B financing. Four investors participated in the funding, among them Columbus Nova Technology Partners, NVIDIA, and Coatue Management.
Deep Instinct applies artificial intelligence deep learning to cybersecurity. Leveraging deep learning’s predictive capabilities, Deep Instinct’s on-device solution aims to protect against threats and attacks with unmatched accuracy. The company’s platform safeguards the enterprise’s endpoints and mobile devices against any threat, on any infrastructure, whether or not connected to the network or to the Internet.
The company revealed that the new capital will be invested in augmenting many of its existing end-point solutions.