Dtex Systems has secured $50 million in a late-stage funding round, with Alphabet’s CapitalG taking the lead. Based in Silicon Valley, Dtex focuses on automating the detection of insider threats by combining machine learning and network monitoring technologies. The Series E funding, bringing Dtex’s total raised capital to $138 million, is earmarked for expediting the application of large language models (LLMs) and behavioral science research, enhancing the company’s position in the insider risk management market.
Dtex’s flagship product is positioned as a lightweight platform offering capabilities in Data Loss Prevention (DLP), User Behavior Analytics (UBA), and User Activity Monitoring. The platform’s emphasis is on early detection and mitigation of insider risks, utilizing behavioral indicators of intent to minimize the risk of data and intellectual property loss. The freshly acquired financing will be utilized to expand Dtex’s US engineering team and bolster its global go-to-market operations.
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