DARKTRACE ACQUIRES ATTACK SURFACE MANAGEMENT COMPANY CYBERSPRINT
Thursday, March 3, 2022
- Target completion date on or around 1 March, 2022
CAMBRIDGE, England, Feb. 23, 2022 /PRNewswire/ -- Darktrace, a global leader in cyber security AI, today announced that it has entered into a definitive agreement to acquire the entire issued share capital of Cybersprint B.V. ("Cybersprint"), an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks. The acquisition of Cybersprint is aligned with Darktrace's vision of delivering a 'Continuous Cyber AI Loop' and complements its Self-Learning technology and inside-out view.
Darktrace is acquiring Cybersprint for EUR47.5 million ($53.7 million) to be paid approximately 75% in cash and 25% in equity, valuing the transaction at approximately 12.5 times Cybersprint's annual recurring revenue (ARR). With an expected completion date of on or around 1 March 2022, Cybersprint's results of operations are not expected to be material to Darktrace's results for the remainder of FY 2022.
Cybersprint's attack surface management data can enrich existing Darktrace Detect and Respond products with external vulnerability data and accelerate the company's market entry into new areas like proactive AI cyber security. For example, this capability will be introduced as a new module in the Prevent product family, feeding organisation-specific web data to Darktrace's Attack Path Modeling technology. See additional information on Darktrace's Prevent Product suite and Attack Path Modeling technology here.
Through this acquisition, Darktrace gains a second European R&D Centre in The Hague, Netherlands, joining forces with its world-class, Cambridge-based mathematicians and software engineers. Cybersprint's employees bring a deep understanding of how to continuously model real-time internet data as well as ethical hacking expertise.
"We are very excited to welcome the Cybersprint team to Darktrace. Bringing inside-out and outside-in visibility together is critical and having access to the robust, rich, real-time external dataset combined with Darktrace's Self-Learning AI means that customers get a holistic view of prioritised cyber risks to harden the parts of their organisation that are most vulnerable. With this acquisition, we are able to leverage Cybersprint's seven years of R&D to accelerate our Prevent product family, ultimately making it much harder for cyber-attackers to carry out successful missions," said Poppy Gustafsson, CEO, Darktrace.
"I'm very excited about this fantastic step in the journey of Cybersprint. We are passionate about automating manual tasks in cybersecurity from an outside perspective. We believe attackers never sleep and operate without scope. When we began conversations with Darktrace, we felt an instant connection on vision, culture and technology. That's why we are looking forward to joining Darktrace and working together to accelerate state-of-the-art innovations to make organisations more cyber secure," commented Pieter Jansen, CEO, Cybersprint.
Webcast
A webcast will be hosted by Darktrace at 09.00 GMT today to provide further details on the announcement. Please register here to attend: https://webcasting.brrmedia.co.uk/broadcast/6214356e1df09e640ebddafe.
Media Contacts:
Victoria Palmer-Moore
Tom Bermingham
Powerscourt (UK)
Brands2Life (UK)
+44 (0) 20 3328 9386
+44 (0) 7983 857 952
darktrace@powerscourt-group.com
darktrace@brands2life.com
---
About Darktrace
Darktrace (DARK:L), a global leader in cyber security AI, delivers world-class technology that protects over 6,500 customers worldwide from advanced threats, including ransomware and cloud and SaaS attacks. Darktrace's fundamentally different approach applies Self-Learning AI to enable machines to understand the business in order to autonomously defend it. Headquartered in Cambridge, UK, Darktrace has over 1,700 employees and over 30 offices worldwide. Darktrace was named one of TIME magazine's 'Most Influential Companies' for 2021.
About Cybersprint
Cybersprint maps the attack surface of organisations and brands. Cybersprint offers full visibility using continuous and automated digital asset discovery. Cybersprint's zero-scope AI-driven approach provides an outside-in perspective, eliminating blind spots. These insights empower cybersecurity professionals to prioritise the mitigation of vulnerabilities and detect and prevent threats such as data leaks, ransomware compromise and more. Cybersprint's Attack Surface Management (ASM) platform allows organisations to automate, manage, and monitor risks with customisable filters and alerts, integrated into existing processes.
Financial Times included Cybersprint as one of the fastest growing cybersecurity companies in Europe in their FT1000 list, and independent research organisation Forrester recommends reviewing suitable ASM vendors, including Cybersprint.
Important Information
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018). Upon publication of this announcement, this information is now considered in the public domain.
View original content:https://www.prnewswire.com/news-releases/darktrace-acquires-attack-surface-management-company-cybersprint-301488289.html
SOURCE Darktrace
|
|
|
|
|
 |
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
Marketing Evolution Announces New Investment Led by Insight Partners to Power AI-Ready Marketing Data for the Agentic Era | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
|
