Arctic Wolf Networks

Last updated
Arctic Wolf Networks
Company type Private
Industry Cybersecurity
Founded2012
Founders Brian 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 midmarket organizations. [3] The company was listed as a Gartner Cool Vendor in security for mid sized enterprises in June 2018. In 2019 and again in 2020, the company was named to the Deloitte Fast 500 list of fast-growing companies. [4] [5] In 2021, the company became part of IDC MarketScape Leader and was part of CRN Security 100 List. In 2022, CRN listed the company number 1 in its Top 10 Cybersecurity products and tool. [6] In October 2022, Arctic Wolf made its portfolio of security operations solutions available in Australia and New Zealand. [7]

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. [8]

On February 1, 2022, Arctic Wolf acquired Tetra Defense. [9]

In October 2023, Arctic Wolf acquired Revelstoke, a cybersecurity company. [10] [11]

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. [12]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$. [13]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B. [6] [14]

Related Research Articles

<span class="mw-page-title-main">Trend Micro</span> Japanese multinational cyber security company

Trend Micro Inc. is an American-Japanese cyber security software company. The company has globally dispersed R&D in 16 locations across every continent excluding Antarctica. The company develops enterprise security software for servers, containers, & cloud computing environments, networks, and end points. Its cloud and virtualization security products provide automated security for customers of VMware, Amazon AWS, Microsoft Azure, and Google Cloud Platform.

Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.

Webroot Inc. is an American privately-held cybersecurity software company that provides Internet security for consumers and businesses. The company was founded in Boulder, Colorado, US, and is now headquartered in Broomfield, Colorado, and has US operations in San Mateo and San Diego, and globally in Australia, Austria, Ireland, Japan and the United Kingdom.

<span class="mw-page-title-main">Proofpoint, Inc.</span> American cybersecurity company

Proofpoint, Inc. is an American enterprise cybersecurity company based in Sunnyvale, California that provides software as a service and products for email security, identity threat defense, data loss prevention, electronic discovery, and email archiving.

Trellix is a privately held cybersecurity company that was founded in 2022. It has been involved in the detection and prevention of major cybersecurity attacks. It provides hardware, software, and services to investigate cybersecurity attacks, protect against malicious software, and analyze IT security risks.

Secureworks Inc. is an American cybersecurity company. The company has approximately 4,000 customers in more than 50 countries, ranging from Fortune 100 companies to mid-sized businesses in a variety of industries.

Veracode is an application security company based in Burlington, Massachusetts. Founded in 2006, it provides SaaS application security that integrates application analysis into development pipelines.

<span class="mw-page-title-main">Stripes (growth equity firm)</span>

Stripes is a private equity and venture capital firm based in Manhattan, New York, founded in 2008. In 2023, Stripes has US$6.5 billion of assets under management and more than 80 investments. Notable investments include On Running and Monday.com.

CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services. The company has been involved in investigations of several high-profile cyberattacks, including the 2014 Sony Pictures hack, the 2015–16 cyber attacks on the Democratic National Committee (DNC), and the 2016 email leak involving the DNC.

<span class="mw-page-title-main">George Kurtz</span> American billionaire businessman

George Kurtz is the co-founder and CEO of cybersecurity company CrowdStrike and an American racing driver. He was also the founder of Foundstone and chief technology officer of McAfee.

BitSight is a cybersecurity ratings company that analyzes companies, government agencies, and educational institutions. It is based in Back Bay, Boston. Security ratings that are delivered by BitSight are used by banks and insurance companies among other organizations. The company rates more than 200,000 organizations with respect to their cybersecurity.

SentinelOne, Inc. is an American cybersecurity company listed on NYSE based in Mountain View, California. The company was founded in 2013 by Tomer Weingarten, Almog Cohen and Ehud ("Udi") Shamir. Weingarten acts as the company's CEO. Vats Srivatsan is the company's COO. The company has approximately 2,100 employees and offices in Mountain View, Boston, Tokyo, and Tel Aviv. The company uses machine learning for monitoring personal computers, IoT devices, and cloud workloads. The company's platform utilizes a heuristic model, specifically its patented behavioral AI. The company is AV-TEST certified.

Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.

Checkmarx is an enterprise application security company headquartered in Atlanta, Georgia in the United States. Founded in 2006, the company provides application security testing (AST) solutions that embed security into every phase of the software development lifecycle (SDLC), an approach to software testing known as "shift everywhere."

Tenable, Inc. is a cybersecurity company based in Columbia, Maryland. Its vulnerability scanner software Nessus, developed in 1998, is one of the most widely deployed vulnerability assessment solutions in the cybersecurity industry. As of December 31, 2022, the company had approximately 43,000 customers.

Snyk is a cybersecurity company specializing in cloud computing. It was founded in 2015 out of London and Tel Aviv with headquarters in Boston.

<span class="mw-page-title-main">Cato Networks</span> Israeli network security company

Cato Networks Ltd. is a Tel Aviv, Israel-based network security company that develops Secure Access Service Edge (SASE) technology, which combines enterprise communication and security capabilities into a single cloud-based platform. The company was founded in 2015. After an October 2021 funding round, the company was a tech unicorn valued at $2.5 billion.

Exabeam is a global cybersecurity company headquartered in Foster City, California. In 2021 it joined the Snowflake Inc. data services platform and achieved unicorn status with over $2B valuation.

Talon Cyber Security is an Israel-based provider of cybersecurity technologies with headquarters in Tel Aviv. It develops a secure browser engineered to provide enterprise-grade security across all devices, irrespective of location, device type, or operating system.

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. ↑ "Arctic Wolf raises $60M to introduce new service offerings and address new markets". helpnetsecurity. 13 March 2020. Retrieved 31 December 2020.
  5. ↑ "Deloitte's Technology Fast 500 North America 2020". 17 November 2020. Retrieved 31 December 2020.
  6. 1 2 Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
  7. ↑ Wolf, Arctic (2022-10-23). "Security Operations in Australia and New Zealand". Arctic Wolf. Retrieved 2024-05-30.
  8. ↑ Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  9. ↑ "Arctic Wolf Acquires Tetra Defense to Add World-Class Incident Readiness and Response to Its Security Operations Portfolio" (Press release). Arctic Wolf. 2022-02-01.
  10. ↑ "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke". SiliconANGLE. 2023-10-10. Retrieved 2024-03-15.
  11. ↑ Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2024-03-15.
  12. ↑ Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  13. ↑ "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.
  14. ↑ "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.