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Darktrace Ltd. is a British [4] cyber security company, established in 2013 and headquartered in Cambridge, England. [4] It was listed on the London Stock Exchange until it was acquired by Thoma Bravo in October 2024.
Darktrace, which had ties to several intelligence agencies, thus further fueling conspiracy theories about the same-day deaths of Lynch and Chamberlain, was staffed by several executives linked to ...
She led Darktrace's initial public offering in 2021, and left the company in 2024 prior to the completion of its sale to the private equity firm Thoma Bravo. [ 8 ] On 10 October 2024, Gustafsson was appointed to the government as Minister of State for Investment by Prime Minister Sir Keir Starmer . [ 9 ]
In 2018, Thoma Bravo took cloud-first security provider Barracuda Networks private for $1.6 billion. In April 2022, it sold Barracuda to KKR for about $4 billion. [34]In January 2019, Thoma Bravo acquired Imperva for $2.1 billion. [35]
Darktrace managed to recover from the episode, buoyed by the AI boom. Last January, the company shared a rosy outlook for its revenue and margins thanks to the demand for AI-powered products ...
Thoma Bravo closes $5.3 billion Darktrace acquisition weeks after founding investor Mike Lynch’s death. Ryan Hogg. Updated October 1, 2024 at 5:59 AM. Joe Scarnici/Getty Images for Snap, Inc.
Lynch was a member of the board until 2018 and continued as a member of the advisory council until 2021. He was a member of the Darktrace science and technology council until February 2023. As well as having to deal with questions about Lynch's involvement, Darktrace had to counter scepticism about its technology. [4] [15]
Darktrace disclosed Thursday it was waiting for one foreign regulatory approval as part of the Thoma Bravo acquisition, due Sept. 28, after which it would seek a U.K. court sanction to close the deal.