SANTA BARBARA, Calif.--(BUSINESS WIRE)--CB Insights today selected Deep Instinct to the prestigious Artificial Intelligence 100 list (“AI 100”), a select group of emerging private companies working on ground breaking artificial intelligence technology. CB Insights CEO and co-founder Anand Sanwal revealed the winners during The Innovation Summit, a gathering of top executives and investors to explore the industries of the future.
“We are thrilled to have been selected by CB Insights in the prestigious list of the 100 startups transforming industries with artificial intelligence. Being recognized by CB Insights for our innovative thinking and breakthrough deep learning technology is a great honor,” said Guy Caspi, CEO of Deep Instinct. “Behind this distinguished recognition is our relentless drive for innovation, applying for the first time deep learning to cybersecurity, and empowering enterprises’ cybersecurity capabilities with instinctive, real-time protection from the next unexpected attack.”
Deep Instinct is being recognized for its amazing team, technology, and traction in front of an audience of 400 senior executives from around the world.
The CB Insights research team selected the AI 100 winners based on a combination of data submitted by the companies, responses to interview questions and the company’s Mosaic Score. Mosaic is an algorithm built with funding from the National Science Foundation that gives predictive intelligence into the health of private companies.
“From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come,” CB Insights CEO Anand Sanwal said.
Quick facts on the AI 100:
- In total, these 100 emerging private companies have raised $3.8B across 263 deals since 2012, according to CB Insights.
- Applications of their technology include breakthroughs in healthcare, drug discovery, business intelligence, gaming, manufacturing, and much more.
- More than 1,650 companies were nominated or applied for the AI 100 (only 6% were selected).
- Data Collective has backed 14 of the AI 100 companies, while NEA backed 8 and Bloomberg Beta backed 7.
- There have been 9 mega-rounds (funding rounds of $100M or more) to AI 100 companies since 2014.
- Five AI 100 companies have reached a valuation of $1B or more (also known as unicorn status).
- 11 countries are represented among the winners.
Deep Instinct is the first company to apply deep learning to cybersecurity. Deep learning is an advanced branch of artificial intelligence and is inspired by the brain’s ability to learn. Once a brain learns to identify an object, its identification becomes second nature. Similarly, as Deep Instinct’s artificial brain learns to detect any type of cyber threat, its prediction capabilities become instinctive. As a result, Deep Instinct exhibits unmatched accuracy in detecting even the most evasive zero-day threats and APT attacks in real time, blocking them before any harm occurs.
Crowned as winner of the “Most Innovative Startup” in the Best of Black Hat Awards program, and named by Venture Beat as one of the 5 deep learning start-ups to follow in 2016, Deep Instinct was also recognized as a 2016 Cool Vendor in Digital Workplace Security by Gartner and has appeared in several of its reports, as well as in other leading analyst firms. Recently, Deep Instinct came in first among the 10 disruptive GPU-based startups in NVIDIA’s Emerging Companies Summit. Deep Instinct has garnered a lot of attention from the media, including coverage on Bloomberg TV and the Discovery Channel.
About CB Insights
Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.
With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today.
*We have MBAs.
About The Innovation Summit
From voice and chat interfaces to AI replacing investment managers and doctors to the new revenue models enabled by the Industrial Internet of Things, the Innovation Summit marries CB Insights’ emerging trend research with the thinking of the world's smartest minds - leading VCs, economists, researchers and corporate strategists.
For more information about the AI 100, visit: https://www.cbinsights.com/research-ai-100
To learn more about CB Insights’ Innovation Summit, go here: http://events.cbinsights.com/corp-innovation-2017
About Deep Instinct
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. Deep Instinct provides comprehensive defense that is designed to protect against the most evasive unknown malware in real-time, across an organization’s endpoints, servers, and mobile devices. Deep learning’s capabilities of identifying malware from any data source results in comprehensive protection on any device, any platform, and operating system. Deep Instinct is headquartered in Tel Aviv, Israel and has offices in San Francisco, CA.
For more information about Deep Instinct, visit: www.deepinstinct.com