Darktrace, a leading global cybersecurity AI company, has recently finalized its acquisition by Thoma Bravo, a prominent software investment firm, for an impressive $5.3 billion. The acquisition process, which began with the announcement on April 26, 2024, has now been completed, with the Scheme of Arrangement becoming effective.
Jill Popelka, the CEO of Darktrace, expressed her enthusiasm about the partnership with Thoma Bravo, emphasizing the value that the firm will bring as they continue to pursue growth and innovation. Popelka highlighted Darktrace’s commitment to providing top-notch AI-powered cybersecurity solutions and affirmed that this core mission will remain unchanged. She stressed the importance of investing in the company’s technical capabilities and ensuring exceptional service and value for customers in the future.
Seth Boro, Managing Partner at Thoma Bravo, also shared his excitement about the collaboration with Darktrace. Acknowledging Darktrace’s position as a pioneer in cybersecurity technology and AI adoption, Boro emphasized the importance of the company’s advanced capabilities in protecting businesses, governments, and society at large from cyber threats. He expressed eagerness to work alongside Jill Popelka and the Darktrace team to further enhance their success in safeguarding against sophisticated cyber threats.
Darktrace, established in 2013, has consistently been at the forefront of AI-driven cybersecurity solutions, helping organizations stay ahead of evolving threats. The company’s proprietary AI technology, which adapts to the unique patterns of each customer in real-time, enables proactive threat detection and autonomous response. With a comprehensive cybersecurity platform that covers cloud, email, identities, operational technology, endpoints, and networks, Darktrace ensures a proactive approach to cyber resilience.
The company’s significant contributions to cybersecurity innovation have been recognized through over 200 patent applications filed to date. With research and development teams based in Cambridge, UK, and The Hague, Netherlands, Darktrace continues to drive breakthrough advancements in cybersecurity technology. Currently, Darktrace’s platform and services are supported by a global team of over 2,400 employees, safeguarding nearly 10,000 customers across various industries worldwide.
The acquisition by Thoma Bravo signifies a new chapter for Darktrace as the company looks towards further expansion and advancement in the cybersecurity landscape. With the support and expertise of Thoma Bravo, Darktrace is poised to continue its mission of delivering cutting-edge cybersecurity solutions and maintaining its position as a global leader in AI-driven cybersecurity.
For more information about Darktrace and its cybersecurity solutions, visit http://www.darktrace.com.
SOURCE: Darktrace