Cybersecurity

Darktrace Begins Preparations as Public Company, Nears CFO Hire

  • Cybersecurity firm hasn’t made a formal decision to go public
  • CEO Gustafsson is adding employees as hackers get faster
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Darktrace Ltd. is close to naming a chief financial officer as the U.K. cybersecurity unicorn sets itself up to be run like a public company.

The firm hasn’t made a decision about whether to hold an initial public offering, co-chief executive officer Poppy Gustafsson said in an interview, but added that it doesn’t need any more funds to keep expanding.