Darktrace Named One of 100 Most Exciting UK Companies
Leading Cyber Defense Company Achieves Leap 100 Status
Today, Darktrace, the leader in Enterprise Immune System technology, has announced it has made it on to The Leap 100 2016 – a list of the 100 most exciting, fast-growth companies in the UK, launched by Mishcon de Reya and City A.M.. All the companies selected have demonstrated substantial growth over the past 12 months and been identified as the ‘ones to watch’ for 2016.
There have now been over 1000 deployments of the Enterprise Immune System, which is powered by machine learning and mathematics to detect cyber threats in networks across a wide range of industries. Since launching in 2013, Darktrace now has over 230 employees across 20 global offices and 144 partners, and has reported over 8000 cyber incidents to date.
Nicole Eagan, CEO at Darktrace, comments on the company’s impressive growth: “Darktrace’s rapid growth is testament to the power of machine learning and mathematics to fundamentally change the way organisations tackle insider and external cyber threats. We look forward to expanding further in the coming months to deliver ‘immune system’ protection to more companies across the world, and help fight back against fast-moving attackers and threats.”
The Leap 100 companies, which range in terms of scale and sector, were chosen because of their growth potential and ability to make the leap to the next level in terms of revenue. Click here for the full list.
The most important publication targeting the London business community, City A.M., and one of London's leading law firms, Mishcon de Reya, teamed up with The Supper Club, The Entrepreneurs Network and Seven Hills to compile the list.
Nick Davis, Head of Corporate at Mishcon de Reya, said: "This stage of a company's growth can be very dramatic, with risks of serious setbacks and sudden lows, but with high rewards for those who make it to the other side. The Leap 100 campaign examines and celebrates the hurdles and opportunities that fast growing companies face. We launched The Leap 100 in 2015 to support a select group of some of the UK's most exciting, high growth companies. This year's list is yet again a dynamic group of companies to watch."
Christian May, Editor of City A.M., said of the list: “The UK has a thriving SME community making up 99.9% of the private sector. However, for the majority of companies, the key problem continues to focus on how companies scale in order to grow to their full potential. The purpose of this list is to showcase the UK companies succeeding in doing this, as well as identifying those that we as a nation need to be aware of – they are a triumph.”
Named ‘Technology Pioneer’ by the World Economic Forum, Darktrace is one of the world’s leading cyber threat defense companies. Its Enterprise Immune System technology detects and responds to previously unidentified threats, powered by machine learning and mathematics developed by specialists from the University of Cambridge. Without using rules or signatures, Darktrace is uniquely capable of understanding the ‘pattern of life’ of every device, user and network within an organization, and defends against evolving threats that bypass all other systems. Some of the world’s largest corporations rely on Darktrace’s self-learning technology in sectors including energy and utilities, financial services, telecommunications, healthcare, manufacturing, retail and transportation. Darktrace is headquartered in Cambridge, UK and San Francisco, with offices in Auckland, Boston, Chicago, Dallas, London, Los Angeles, Milan, Mumbai, New York, Paris, Seoul, Singapore, Sydney, Tokyo, Toronto and Washington D.C.
The Leap 100 is compiled based on research conducted by Mishcon de Reya, City A.M., The Supper Club and The Entrepreneurs Network, into high-growth companies in the UK which have both reached (or are close to reaching) the £10m revenue mark in the preceding five years and have the ambition to double in size in the next three years. These companies have a proven record of taking the business from start up to high growth phase and have an established team working to drive the business forward.
About City A.M.
City A.M. is a free daily business newspaper, distributed at commuter and professional hotspots throughout London and the surrounding area, as well as 1,600 offices throughout the City, Canary Wharf and other areas of high business concentration. The paper employs an editorial team of 27 across its four daily sections – news, business features and investment, lifestyle and sport – and has an active website, CityAM.com.
City A.M. and CityAM.com has a daily readership in excess of 399,000 professionals. The newspaper has a distribution figure of 97,974 and its readers are professionals, in full-time work and with an average salary of over £87,000 per annum - three times the national average.
CityAM.com has a monthly visitor figure in excess of 1.27m, of which two-thirds are in the UK. The website visitors have an average income of £52,000 (Source: Adobe Analytics, Comscore). The paper was launched in September 2005 by Co-Founders Jens Torpe and Lawson Muncaster and operates as an independent media company.
About Mishcon de Reya
Mishcon de Reya is a law firm with offices in London and New York. Founded by Victor Mishcon in a one-room office in Brixton in 1937, it now employs more than 700 people, with over 400 lawyers offering a wide range of legal services to companies and individuals. In every area of the law that it operates, Mishcon de Reya prides itself in providing a best in class service to its clients. Specifically, it offers the following legal services: corporate; dispute resolution; employment; family; private client; and real estate.
An entrepreneurial spirit - where candour and involvement are key - characterises its ability to develop and execute the strategies required to achieve their clients’ goals in all these areas. It is an independent firm with an international footprint that extends far beyond its offices in London and New York. A large part of the business is advising on multi-jurisdictional transactions and disputes; established links with overseas practices help serve the needs of its increasingly international client base. Its clients are dynamic and sophisticated and reflect their belief in challenging the conventional or accepted ways of working. Mishcon de Reya fiercely guards their clients' interests, recognising the significant nexus between business affairs and personal affairs and the ways in which this affects clients, and appreciate the opportunity of sitting alongside clients as a trusted advisor. Building strong personal connections to its clients and their businesses is of utmost importance and it is for these reasons Mishcon de Reya says 'It's business. But it's personal'.
About The Supper Club
The Supper Club is the UK’s leading membership club exclusively for founders and CEOs of high-growth businesses. Established in 2004 by Duncan Cheatle, it currently has just under 400 members and runs around 25 events a month. The businesses its members run have an average growth rate of 34%. The Supper Club is part of Prelude Group which runs a series of programmes to facilitate peer-learning and sustainable growth with the aim to help make Britain the most enterprising nation in the world.
About The Entrepreneurs' Network
The Entrepreneurs Network is a think tank for the ambitious owners of Britain’s fastest growing businesses and aspirational entrepreneurs. Through research, events and the media, The Entrepreneurs Network bridges the gap between entrepreneurs and policymakers to help make Britain the best place in the world to start and grow a business.