Deep Instinct Vies With McAfee And CrowdStrike For $17B Market

May 29, 2020

BY Alexander Kalis

By Forbes

If you run a cybersecurity firm, your survival depends on keeping your service from becoming obsolete. That’s why the idea of predicting and deflecting an attack before it happens has a strong conceptual appeal. One startup — Manhattan-based Deep Instinct, an investee company of Cerracap II, which Milltrust advises — developed a service based on this approach, raised $43 million in venture capital in February 2020, and says it’s winning business from some major players — including McAfee. The company is targeting a market opportunity as large as $17 billion that’s growing at roughly a 15% average annual rate — and the company is growing much faster than that.

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