Tech Company Financing Transactions
Deep Instinct Funding Round
Deep Instinct, based in New York, secured $43 million from Millennium Technology Value Partners, LG Electronics USA and NVIDIA.
Transaction Overview
Company Name
Announced On
2/13/2020
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series C
Investors
Millennium Technology Value Partners (Lead Investor)
NVIDIA (Jeffrey Herbst)
Proceeds Purpose
The investment will be used to accelerate sales and marketing, as well as to support the expansion of business operations globally.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
322 W 52nd St. 2038
New York, NY 10101
USA
New York, NY 10101
USA
Phone
Website
Email Address
Overview
Deep Instinct is the first company to apply deep learning to cybersecurity. Leveraging deep learning's predictive capabilities, Deep Instinct's on-device, proactive solution protects against zero-day threats and APT attacks with unmatched accuracy.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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