She is a qualified chartered accountant and holds a BSc in Mathematics from the University of Sheffield, where she was also awarded an honorary degree in Doctor of Science in recognition of outstanding achievements in the field of Cyber Security in 2022. Check if your They say the event took place in the first half of 2017 and a complaint was made to HR that year. Al has over 14 years experience in enterprise software. I thought, I never want to have an organisation where employees come along and they suddenly feel painfully aware that they are a man or woman or that their race is an issue - you just shouldnt be aware of it - you should just come in and do a good job. These are possible outcomes and we are only now starting to wake up to the reality that this could happen in many countries around the world. He kept the sales managers in check, adds another. Darktrace refuses to comment on specifics, citing legal limits to what were allowed to discuss., Co-CEO Eagan, who says she herself was once a victim of sexual assault at a previous job, says Darktrace management took the harassment claims seriously, investigated and ultimately did the right thing. Headcount has risen to 1,250 since May 2018 from 750. Under Poppy's leadership, the company has reached a $1 . She was named City A.M.s Entrepreneur of the Year 2017. Over the same period Darktrace claims its seen a 74% increase in customers and claims its making preparations for an as-yet unconfirmed IPO. Poppy Gustafsson, CEO of Darktrace, argues that Russia's cyber-offensive skills can have real political and business impacts, but adds that she has not seen the high-profile cyberattacks many . By design or not, Gustafsson, who was awarded an OBE last year for her contribution to cybersecurity, has proved to be something of a gender stereotype-breaker for much of her life. Poppy Gustafsson, who says her company is never happy just following the status quo. He was convicted for his role in HPs cataclysmic acquisition of British data analytics company Autonomy for more than $10 billion in 2011. She was named Vodafone's Woman of the Year for Technology and Innovation in 2020, Tech Businesswoman of the Year at the UK Tech Awards 2019 and won the . Founder of Darktrace Ltd., Poppy Gustafsson presently occupies the position of Chief Executive Officer & Director at Darktrace Ltd. and Chief Executive Officer & Director at Darktrace Plc. In February, former home secretary Amber Rudd, who sits on Darktraces advisory board alongside former MI5 director general Lord Evans of Weardale and CIA veteran Alan Wade, penned a piece asking how we can find the future Poppy Gustafsson and more like her in male-dominated science, tech, engineering and mathematics. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. In the world of FinTech, the innovative finance, global summit has become a crucial event to attend, and consequently, Poppy Gustafsson obliged to the invite. Gustafsson has for the most part remained tight-lipped about her former boss, the financial backer instrumental in her rise at Darktrace, rejecting the idea that London may have been chosen over the US for a flotation because of Lynchs situation. organisation Poppy is a qualified chartered . His 21-year-old daughter Ila died on October 17, 2019. The company needs to contract cyber technologists, salespeople, developers, and analysts among others. Poppy frequently speaks to the community of European investment and hence her good relationship with the United Kingdom. Developed by mathematicians, Darktrace uses self-learning AI algorithms to detect and neutralize cyber threats across diverse digital estates, including . 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[21] Since the company's inception in 2013, its technology has been deployed some 9,000 times. Darktrace. Her extensive career in technology spans 30 years working for Oracle and early to late-stage growth companies. I found myself arms crossed feeling like I wasnt part of it. While guiding Darktrace on its meteoric rise into becoming a global leader, she had two children, now aged three and six. Poppy Gustafsson regrets the fact that she didnt devote more time to practicing piano when she was young. Cathy has more than two decades of professional experience in financial disciplines and has served at the helm of several businesses throughout periods of rapid growth and capital structure evolution. university The funds would be used to accelerate the global rollout and bring significant, strategic, value and knowledge to the team. Meanwhile, throughout 2017 and 2018, Darktrace was dealing with another sexual harassment saga that involved Randy Cheek, a sales chief in the San Francisco office. His daughter was given a three-week internship at Darktrace in the summer of 2018. Two ex-colleagues say he was an imposing figure in the room. Darktrace was founded in 2013 in Cambridge, in a collaboration with the British intelligence agencies[5] and Invoke Capital, a company owned by Mike Lynch. She spearheaded the Samsung SDS partnership. He is currently Chairman of Netherlands-based NXP, a world leading semiconductor company. Gustafsson was 30 years old when she co-founded Darktrace in 2013, and her star has ascended in tandem with the companys rise from promising tech startup to rare British unicorn to list on the London stock market in the coming months. Marketing its products as the digital equivalent of the human bodys ability to fight illness, Darktraces AI-security works as an enterprise immune system, can self-learn and self-heal and has an autonomous response capability to tackle threats without instruction as they are detected. She is CEO of the company along with Nicole Eagan and was previously the CFO and COO. Nicole Eagan is Chief Strategy Officer and AI Officer of Darktrace. Pauls previous roles include CFO of the online food marketplace Just Eat plc, Group CFO of software company The Sage Group plc, both FTSE 100 businesses, and CFO of data solutions company WANdisco plc. She was named Europe's 9th 'Fastest Growing European Company' by The Financial Times and named 'Fastest Growing Super Scale-up' by Tech Tour. Something went wrong while submitting the form. Mike has spent 18 years working in technology, security and risk operations. Poppy is the CEO of Darktrace, which under her leadership has grown to 2,000 employees with over 40 offices around the world. Stephen Shanley joined KKR in 2014 and is head of KKRs Technology Growth Equity business in Europe. According to the Financial Times list of 1,000 fastest growing companies in Europe last year, Darktrace was ninth, ballooning in size by 4,829 per cent. Without any more guidance from Hussain, business, they say, has been booming. Former Darktrace board member Sushovan Hussain (above) is appealing a five-year prison sentence for his role in the disastrous HPAutonomy deal. You could grind a city to a halt if you switch off a power supply - look at what happened in Ukraine. It has found hackers in strange places before, including an internet-connected fish tank. The meal turned sour when Hussain asked inappropriate sexual questions of one female sales employee and touched the leg of another, the ex-employees recalled. In addition to Hussains financial fraud at Autonomy, he also faced allegations of sexual harassment by Darktrace employees. Through this period Gordon was instrumental in managing acquisitions, large outsourcing deals, and building a team of commercially-focused Finance Directors to enable continued development of the business. He is a member of The Longreach Group Advisory Board, Senior Advisor to Alix Partners and Board Mentor for CMi. Poppy Gustafsson is currently Chief Executive Officer and Director at Darktrace - View - Darktrace org chart. However, it should be mentioned that he can boast of a long, Read More 10 Things You Didnt Know about Ronald P. OHanleyContinue, Scott Uknes is one of the co-founders of AgBiome, a biotech company that focuses upon crop protection. Searching for an explanation as to why this incident occurred, Ms Gustafsson struggles to find one. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. The company was established in 2013 and is headquartered in Cambridge, England, and San Francisco, California, United States. Poppy Gustafsson's Tweets. He holds a BS in business administration from the University of Groningen, an MSc in international business from the University of Groningen, and an MSc in international finance from the CERAM Graduate School of Management & Technology. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. He doesnt get, Read More 10 Things You Didnt Know about Chiniere Energy CEO Jack FuscoContinue. Founded just five years ago, Darktrace offers artificial intelligence led cyber security. [6][7] Lynch was co-founder of Autonomy, sold to Hewlett-Packard in 2011 in a transaction leading to accusations of fraud and to a legal fight over extraditing him to the United States. Soon after the OBE award was made public, she received a call from a former mentor and onetime Darktrace board member Sushovan Hussain, 55, offering congratulations on her dazzling career. Also referred to as the Oscars of the Technology Industry, the Enterprise Awards acknowledge the very best of the entrepreneurial talent in the UK. Gustafsson and other Darktrace executives, despite the charges, attended. I see that hes able to undertake his job. We examine how AI can be applied to real-world problems to find new paths forward, Innovating Cyber Recovery - Key to Cyber Resilience, Rapid Process-Chain Anomaly Detection Using a Multistage Classifier, Sorting long lists of file names by relevance and sensitive content. The latest revenue figures for the year ended June 2018 landed at $78 million, up from $40 million the prior year. Hussain was also a lead fundraiser for the business, especially in the U.S., where he helped raise $65 million in a round led by New York-based private equity firm KKR in 2016. Nicole Eagan, co-CEO of Darktrace, has a long history working at tech companies from Oracle to troubled Autonomy. Everyone was just, like, what the hell is this? the former employee adds. Darktrace was built from ex-Autonomy staff, including Gustafsson, and in 2018 it was subpoenaed by US authorities for information about Invoke, warning there was a risk of money-laundering claims . In 2020, James was shortlisted for The Lawyers General Counsel of the Year. The Autonomy connection persists today; half of Darktraces board and six of its eight top executives are ex-Autonomy folks, which included Gustafsson (ex-corporate controller) and co-CEO Nicole Eagan (ex-chief marketing officer). Prior to TCV, Mr. Shanley was with the TMT investment banking group of Needham & Company and started his career in the transaction services group of KPMG. His current roles include President of the Resolution Foundation and Chair of the Foundation for Science and Technology, together with serving on several company boards. John Phillips / Getty Images. Han joined Summit Partners in 2004 and today manages the firms London office. With over 20 years experience of software engineering, Jack is responsible for overseeing the development of Bayesian mathematical models and artificial intelligence algorithms that underpin Darktraces award-winning technology. Lynch, with his wife, Angela Bacares, currently owns 19% of Darktrace, worth as much as 570m when the company floats. Gustafsson insists that the UK is one of the more resilient and up-to-speed nations, but who knows what the future holds, she adds cautiously. journalists in 50+ countries covering politics, business, innovation, trends and more. 1. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. But, just a month after the drinks, Darktrace says it learned of a formal allegation of sexual harassment made against Hussain. In July, under Poppy Gustafsson management, Darktrace has raised a further $65 million in funding from investors including Softbank, KKR, and TenEleven ventures. Poppy Gustafsson founded Darktrace, a UK startup that uses artificial intelligence to address cybersecurity issues, with a team of mathematicians, technology specialists, and former intelligence agents. Its only something Im aware of when Im doing interviews or when Im at an industry event and suddenly you see a sea of men staring back at you, she has previously said. She oversees operations across the region, and she has been crucial to the swift growth that the 300-person company has experienced. Sir Peter Bonfield has more than 50 years experience in the international technology sector, leading businesses in the fields of electronics, computers and communications. Gordon is Chairman of Darktrace, having joined the Board as a Non-Executive Director in August 2019. Invoke and Darktrace also share the same floor in open-plan London offices. She previously directed global communications at Logica, a multinational IT and business consultancy company listed on the London Stock Exchange. Poppy has an excellent relationship with the UK. Darktrace is designed with an open architecture that makes it the perfect complement to your existing infrastructure and products. [19] It employs an autonomous response technology, Antigena, to take action against in-progress cyber-attacks. When we first started, cyber security was all about trying to keep the bad guys off the network, she says, predictably over a pot of English Breakfast tea, in a central London hotel dining room. Copyright 2023 Darktrace Holdings Limited. Research unlocks the unknowns; it also helps shed light on what we are collectively up against. Now, that company is worth 1.26bn($1.65bn), achieving unicorn status in just four years. Darktraces AI is now automatically responding to hacks and stopping them. In 2010, Mike merged his intelligence and technology experience to run cyber defensive operations for UK government, including working on the implementation of the national cyber security strategy and protecting the London 2012 Olympic Games. Patrick has a BA (Hons) in Archaeology & Geology from Bristol University and was also awarded an MSc (Econ) in Business Administration from London Business School. BI Prime: Poppy Gustafsson is the 35-year-old CEO of Cambridge-based cybersecurity firm Darktrace, which was recently valued at $1.65 billion. But he does, albeit indirectly, via ICP Darktrace Holdings, part of Invoke Capital, wherehe is still employed. Invoke told Forbes it took action, but declined to provide details. For her, satisfying the demand for immune system technology on a global dais is no small task. Poppy Gustafsson, Co-CEO of Darktrace addresses why cyber security is now one of the biggest threats not just to businesses, but to ourselves as individuals.. Im going to Australia soon, where we have just opened up our Sydney office and I really am thinking about packing my own tea bags. While Gustafsson is likely to be worth at least 20m from the flotation of the business, which has almost 5,000 customers ranging from the NHS to Coca-Cola, she has also become something of a gender diversity champion in the male-dominated tech world. Get Forbes daily top headlines straight to your inbox for news on the worlds most important entrepreneurs and superstars, expert career advice and success secrets. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. [15] Darktrace has disputed this. Poppy Gustafsson became the Chief Executive Officer (CEO) of Darktrace in 2016. "But I want to make sure they continue to feel a part of . Poppy Gustafsson is the chief executive officer for EMEA of the cyber defense company Darktrace. With over 10 years experience he's covered businesses, CEOs, and investments. First published on Fri 21 Apr 2023 06.26 EDT. Based in San Francisco, he works closely with Darktraces R&D team to develop its world-leading Self-Learning AI, and oversees the technologys strategic direction in the US, Latin America and Canada. She holds an MBA from Loyola University Maryland and a BA in Economics from the University of Maryland. They are now awaiting a verdict. Poppy is a qualified chartered accountant and previously served as the companys CFO. She also complained that despite the female-led success of Darktrace, when the company is written about, the only name that seems to get mentioned is the founder, Mike Lynch. Hussain, who is in the process of appealing his conviction, is the first of the old Autonomy guard to have been found guilty, going down for 14 counts of wire fraud, one of securities fraud and one of conspiracy. The Playback API request failed for an unknown reason. He is currently Chief Operating Officer and Executive Director at Ascential plc, a FTSE 250 data and analytics company. 10 Policy Unit. Achieving unicorn status in 2018, in 2020 Darktrace has offices across Europe, North America, the Middle East, Asia and Latin America. We support credit card, debit card and PayPal payments. (Lynch and Chamberlains lawyers say their clients are innocent of all charges.) It could be a business competitor trying to gain some advantage. You can still enjoy your subscription until the end of your current billing period. Darktrace plc Type Public Traded as LSE: DARK FTSE 250 component Founded 2013 ; 10 years ago (2013) Headquarters Cambridge, England, and 555 Mission Street, San Francisco, California, U.S. Key people Gordon Hurst (Chairman) Poppy Gustafsson (CEO) Services Cybersecurity Revenue US$ 415.5 million (2022) Operating income US$7.6 million (2022) Net income US$1.5 million (2022) Total assets US$729.4 . We spoke to Poppy Gustafsson OBE, CEO, Darktrace ahead of London Tech Week 2022 (13-17th June 2022), to discuss the reasons behind her involvement as an amba. See Poppy Gustafsson's compensation, career history, education, & memberships. The shares then fell a further 8 per cent the following day, after the report was published, down to 200p. In 2001, he became chief financial officer and president at Autonomy, a Cambridge-based business that crunched so-called big data for clients like Coca-Cola, Ford and the U.S. military. Keeping up with the demand is the most challenging part of her job. Invoke confirms it has helped Hussain with accommodation costs, maintains he is innocent, and says it willsupport him through his appeal.

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