Summit Partners news and trends

Uber Hailing Goldman Sachs Clients For Investments
Payment Methods // December 02, 2014

Cab colossal Uber has retained Goldman Sachs in an attempt to raise money from Goldman’s wealthier customers, Fortune is reporting. “Goldman’s global wealth management team was informed of the deal this morning,” Fortune reported on Monday (Dec. 1), “and began sending out packets of information...

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AI Cybersecurity Darktrace Valued at $825M After $75M Round

July 12, 2017
New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense firms are therefore developing new methods based on artificial intelligence. Darktrace, one such firm that is using machine learning to identify and prevent attacks, takes a vaccination approach. Its Enterprise […]