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Darktrace was founded in 2013 in Cambridge, where the Darktrace AI Research Centre is based, with the company's second R&D centre located in The Hague, Netherlands. [5] It was founded by mathematicians and cyber defence experts at Invoke Capital, a company owned by Mike Lynch.
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 has completed its $5.3 billion acquisition of British cybersecurity group Darktrace, ending a tumultuous takeover rocked by the resignation of its CEO and the death of early backer ...
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.
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 ]
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]
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