Arctic Wolf Networks

Last updated
Arctic Wolf Networks
Company type Private
Industry Cybersecurity
Founded2012
FoundersBrian NeSmith
Kim Tremblay
Sam McLane
Matthew Thurston
Headquarters Eden Prairie, Minnesota, USA
Key people
Brian NeSmith, Co-founder & Executive Chairman
Nick Schneider, President & CEO
Duston Williams, CFO
Dan Larson, CMO
ServicesSecurity Analytics, Vulnerability Management
Managed Detection and Response
Number of employees
2,000
Website arcticwolf.com
Footnotes /references
[1]

Arctic Wolf Networks is a cybersecurity company that provides security monitoring to detect and respond to cyber threats. [2] The company monitors on-premises computers, networks and cloud-based information assets from malicious activity such as cybercrime, ransomware, and malicious software attacks.

Contents

History

Founded in 2012, Arctic Wolf focused on providing managed security services to small and mid-market organizations. [3] The company was listed as a Gartner Cool Vendor in security for mid-sized enterprises in June 2018.

Acquisitions

In December 2018, Arctic Wolf announced the acquisition of the company RootSecure, and subsequently turned the RootSecure product offering into a vulnerability management service. [4]

On February 1, 2022, Arctic Wolf acquired Tetra Defense. [5] [6] [7] In October 2023, Arctic Wolf acquired Revelstoke, a cybersecurity company. [8] [9]

Cylance was acquired from Blackberry Limited by Arctic Wolf in December 2024. [10]

Funding

In March 2020, following a $60M D Round of funding, the company announced moving its headquarters from Sunnyvale, California to Eden Prairie, Minnesota in October 2020. [11] Also in 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$. [12]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B. [13] [14]

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References

  1. ↑ "Arctic Wolf Honored as a 'Best Place to Work' by The Business Journals" (Press release). Arctic Wolf. 2021-08-16. Retrieved 2022-06-29.
  2. ↑ "Managed Security Firm Arctic Wolf Raises $60 Million In Pursuit Of IPO". CRN. 27 October 2020. Retrieved 31 December 2020.
  3. ↑ "Arctic Wolf offers SIEM in cloud". NetworkWorld. 17 February 2016. Retrieved 31 December 2020.
  4. ↑ Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  5. ↑ Zurier, Steve (2022-02-03). "Arctic Wolf backs off IPO talk, looks to scale business with latest acquisition". SC Media. Retrieved 2024-08-02.
  6. ↑ Panettieri, Joe (2022-02-01). "Arctic Wolf Acquires Tetra Defense for Security Incident Response Capabilities -". MSSP Alert. Retrieved 2024-08-02.
  7. ↑ James Rundle (June 1, 2022). "ReliaQuest to Buy Digital Shadows for $160 Million". Wall Street Journal. Retrieved October 28, 2024.
  8. ↑ "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke". SiliconANGLE. 2023-10-10. Retrieved 2024-03-15.
  9. ↑ Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2024-03-15.
  10. ↑ "Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance". www.blackberry.com. Retrieved 2025-01-13.
  11. ↑ Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  12. ↑ "Arctic Wolf Secures $200M in Series E Funding at a Valuation of $1.3 Billion". www.yahoo.com. Archived from the original on 2021-02-06. Retrieved 2021-03-04.
  13. ↑ Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
  14. ↑ "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
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