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Deep Instinct Funding: Raises $62.5M in Financing

Deep Instinct, a New York-based threat-prevention technology company, raised $62.5M in funding.

The round was led by BlackRock, with participation from Chrysalis Investments, Millennium, and Unbound.

The company intends to use the funds to further penetrate the market.

Led by Lane Bess*, former Palo Alto Networks CEO and Zscaler COO, who is taking over as CEO, effective immediately, Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using a purpose-built, deep learning cybersecurity framework. The Deep Instinct Prevention Platform adds to every security stack—providing multi-layered protection against threats across hybrid environments.

Bess has more than 35 years of experience in cybersecurity and technology with a proven track record of leading rapidly growing cybersecurity companies. He was formerly CEO of Palo Alto Networks for several years before its IPO. After that, he took on the role as COO of Zscaler where he partnered with founder Jay Chaudhry to lead the rapid scaling of the company up until its successful IPO.

As part of this leadership change, Guy Caspi, the company’s co-founder and former CEO, succeeds Lane Bess as Board Chair and is now the Chief Product Officer.

About Deep Instinct

Deep Instinct is the first company to apply deep learning to cybersecurity. Deep learning is inspired by the brain’s ability to learn. Once a brain learns to identify an object, its identification becomes second nature. Similarly, as Deep Instinct’s artificial brain learns to detect any type of cyber threat, its prediction capabilities become instinctive. As a result, zero-day and APT attacks are detected and prevented in real-time with unmatched accuracy. Deep Instinct brings a completely new approach to cybersecurity that is proactive and predictive. Deep Instinct provides comprehensive defense that is designed to protect against the most evasive unknown malware in real-time, across an organization’s endpoints, servers, and mobile devices. Deep learning’s capabilities of identifying malware from any data source results in comprehensive protection on any device, any platform, and operating system.

When was Deep Instinct founded?

Deep Instinct was founded in 2015

Who is the Founder of Deep Instinct?

Guy Caspi Dr. Eli David Nadav Maman is the founder of Deep Instinct.

Is Deep Instinct Hiring?

Deep Instinct is hiring for multiple positions like Deep stars, Qa infra developers,QA Automation developers, for applying you can check their linkedin page

What is the Team Size of Deep Instinct?

As per the popular social media site LinkedIn, deep instinct has 314 employees.

Where is the Head Office of Deep Instinct?

Higlobe is headquartered in New York, NY.

How much is the revenue of Deep Instinct?

Deep Instinct has not publicly revealed the revenue in the last round of funding.

Deep Instinct Raises $62.5M in Financing. Congratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

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