SentinelOne

Last updated
SentinelOne, Inc.
FormerlySentinel Labs, Inc.
(2013–2021)
Company type Public company
Industry
Founded2013;11 years ago (2013)
Founders
  • Ehud Shamir
  • Tomer Weingarten
  • Almog Cohen
Headquarters Mountain View, California, U.S.
Key people
Tomer Weingarten
(Chairman & CEO)
RevenueIncrease2.svg US$422 million (2023)
Decrease2.svgUS$−403 million (2023)
Decrease2.svgUS$−379 million (2023)
Total assets Increase2.svgUS$2.26 billion (2023)
Total equity Increase2.svgUS$1.66 billion (2023)
Number of employees
c. 2,100 (2023)
Subsidiaries
  • Scalyr
  • Attivo Networks
  • PingSafe
Website www.sentinelone.com
Footnotes /references
Financials as of January 31,2023 [1]

SentinelOne, Inc. is an American cybersecurity company listed on NYSE based in Mountain View, California. [2] [3] [4] The company was founded in 2013 by Tomer Weingarten, Almog Cohen and Ehud ("Udi") Shamir. [5] [6] Weingarten acts as the company's CEO. [3] [4] Vats Srivatsan is the company's COO. [7] The company has approximately 2,100 employees and offices in Mountain View, Boston, Prague, Tokyo, and Tel Aviv. [4] [8] [9] The company uses machine learning for monitoring personal computers, IoT devices, and cloud workloads. [4] [10] The company's platform utilizes a heuristic model, specifically its patented behavioral AI. [11] The company is AV-TEST certified. [12] [13]

Contents

Funding

In June 2019, SentinelOne received $120 million in a Series D funding round led by Insight Partners. [11] The company received an additional $200 million in Series E funding in February 2020. [14] The Series E round placed SentinelOne at a valuation of about $1.1 billion. [4] [3] In 2020, SentinelOne closed a round for $267 million in funding, bringing its total valuation to $3.1 billion. [15]

On June 30, 2021, SentinelOne completed an initial public offering on the NYSE, raising $1.2 billion. [16] It trades under the symbol S, which was formerly used by telecommunications company Sprint prior to its 2020 merger with T-Mobile US.

Acquisitions

In February 2021, SentinelOne announced the acquisition of cloud-scale data analytics platform Scalyr for $155 million in cash and equity. [17]

In March 2022, SentinelOne announced the acquisition of the identity detection and response technology company, Attivo Networks, for $616.5 million in cash and equity. [18]

In early November 2023, SentinelOne acquired [19] the boutique consultancy Krebs Stamos Group, founded by former CISA Director Chris Krebs and former Facebook Chief Security Officer Alex Stamos, which was rebranded and relaunched [20] as PinnacleOne Strategic Advisory Group. [21]

In January 2024, SentinelOne agreed to acquire PingSafe, valuing the company at over $100 million. [22]

Sponsorships

Since 2021, SentinelOne has been the official cybersecurity sponsor of the Aston Martin Cognizant F1 Team. [23]

Customers

SentinelOne has customers including: Hitachi, Lyft, Electronic Arts, Aston Martin, Samsung, Canva, Autodesk, NOV Inc., Naver, Sysco, Shutterfly, and Havas. [24]

Related Research Articles

<span class="mw-page-title-main">Index Ventures</span> European worldwide venture capital firm

Index Ventures is a European venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security. Since its founding in 1996, the firm has invested in a number of companies and raised approximately $5.6 billion. Index Venture partners appear frequently on Forbes’ Midas List of the top tech investors in Europe and Israel.

<span class="mw-page-title-main">Lux Capital</span> American venture capital firm

Lux Capital is a venture capital firm based in New York City. It was founded in 2000, and focuses on investments in emerging technologies.

VMware Carbon Black is a cybersecurity company based in Waltham, Massachusetts. The company develops cloud-native endpoint security software that is designed to detect malicious behavior and to help prevent malicious files from attacking an organization. The company leverages technology known as the Predictive Security Cloud (PSC), a big data and analytics cloud platform that analyzes customers’ unfiltered data for threats.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

<span class="mw-page-title-main">Palo Alto Networks</span> American technology company

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organization of the World Economic Forum.

<span class="mw-page-title-main">Brainly</span> Educational technology company

Brainly is an education company based in Kraków, Poland, with headquarters in New York City. It is an AI-powered homework help platform targeting students and parents. As of November 2020, Brainly reported having 15 million daily active users, making it the world's most popular education app. In 2024, FlexOS reported Brainly as the #1 Generative AI Tool in the education category and the #6 Generative AI Tool overall. Also in 2024, Andreessen Horowitz reported Brainly as #6 in the Top 50 Gen AI Mobile Apps by monthly active users.

Sisense is an American business intelligence software company headquartered in New York City, United States. It also has offices in San Francisco and Scottsdale.

<span class="mw-page-title-main">Databricks</span> American software company

Databricks, Inc. is a global data, analytics and artificial intelligence company founded by the original creators of Apache Spark.

Deep Instinct is a cybersecurity company that applies deep learning to cybersecurity. The company implements artificial intelligence to the task of preventing and detecting malware. The company was the recipient of the Technology Pioneer by The World Economic Forum in 2017.

<span class="mw-page-title-main">Alex Stamos</span> Greek American computer scientist

Alex Stamos is an American computer scientist and adjunct professor at Stanford University's Center for International Security and Cooperation. He is the former chief security officer (CSO) at Facebook. His planned departure from the company, following disagreement with other executives about how to address the Russian government's use of its platform to spread disinformation during the 2016 U.S. presidential election, was reported in March 2018.

BitSight Technologies, Inc. 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.

Acton Capital is an international venture capital fund, founded in Munich (Germany) and investing in tech-enabled startup companies in Europe and North America.

Monday.com Ltd. is a cloud-based platform that allows users to create their own applications and project management software. The product was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation. The company went public in June 2021 and is based out of Tel Aviv, Israel.

<span class="mw-page-title-main">Chris Krebs</span> American cybersecurity and infrastructure security expert (born 1977)

Christopher Cox Krebs is an American attorney who served as Director of the Cybersecurity and Infrastructure Security Agency in the United States Department of Homeland Security from November 2018 until November 17, 2020, when President Donald Trump fired Krebs for contradicting Trump's claims of election fraud in the 2020 presidential election.

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.

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

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">Flint Capital</span> International venture capital firm

Flint Capital is an American-Israeli venture capital firm focused on startups in health technology, cybersecurity, consumer technology, and SaaS. Founded in 2013, the firm is headquartered in Boston, United States. Flint Capital's managing partners are Dmitry Smirnov, Sergey Gribov, and Andrew Gershfeld.

Greenfield Partners is a growth equity firm based in New York and Tel Aviv that invests in early growth stage technology and tech-enabled companies.

References

  1. ↑ "SentinelOne fiscal 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 29, 2023.
  2. ↑ Hu, Krystal; Podder, Sohini (June 30, 2021). "Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut". Reuters– via www.reuters.com.
  3. 1 2 3 Ziv, Amitai (2020-02-20). "Israeli Cybersecurity Firm SentinelOne Raises $200 Million". Haaretz.
  4. 1 2 3 4 5 Lunden, Ingrid (19 February 2020). "SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform". TechCrunch . Retrieved August 25, 2020.
  5. ↑ D'Onfro, Jillian. "AI 50: America's Most Promising Artificial Intelligence Companies". Forbes. Retrieved 2019-09-17.
  6. ↑ Lunden, Ingrid. "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved 2019-06-04.
  7. ↑ "Nicholas Warner Profile, Bloomberg". Bloomberg. Retrieved August 25, 2020.
  8. ↑ Schubarth, Cromwell (2020-02-19). "Silicon Valley CrowdStrike competitor hits unicorn status with $200M funding". Silicon Valley Business Journal. Retrieved August 25, 2020.
  9. ↑ Orbach, Meir (19 February 2020). "Insight Partners Backs SentinalOne in $200 Million Investment". CTech. Retrieved August 25, 2020.
  10. ↑ Scroxton, Alex. "SentinelOne makes security platform free to support remote workers". Computer Weekly. Retrieved August 25, 2020.
  11. 1 2 Lunden, Ingrid (5 June 2019). "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved August 25, 2020.
  12. ↑ Brewster, Thomas (2015-08-26). "Netflix Is Dumping Anti-Virus, Presages Death Of An Industry". Forbes . Retrieved August 25, 2020.
  13. ↑ Greene, Tim (30 July 2015). "Endpoint security firm SentinelOne challenges traditional anti-virus software". Network World. Retrieved August 25, 2020.
  14. ↑ "CNBC Disruptor 50". CNBC. 16 June 2020. Retrieved August 25, 2020.
  15. ↑ Johnson, Robert (20 November 2020). "SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation". Crediblock.com. PreIPOSwap.com. Retrieved 21 November 2020.
  16. ↑ de Leon, Riley (30 June 2021). "SentinelOne soars in first trade as highest-valued cybersecurity IPO ever". CNBC.com. Retrieved 30 June 2021.
  17. ↑ "SentinelOne buys US big data co Scalyr for $155m". Globes. 2021-09-02. Retrieved 2021-02-10.
  18. ↑ Anand, Praharsha (17 March 2022). "SentinelOne to acquire Attivo Networks for $617 million". IT PRO. Retrieved 2022-03-17.
  19. ↑ Greig, Jonathan (2023-11-09). "SentinelOne to acquire cybersecurity consulting firm Krebs Stamos Group". The Record. Retrieved 2023-12-02.
  20. ↑ "SentinelOne® Launches PinnacleOne Strategic Advisory Group" (Press release). Boca Raton, FL: Businessswire. 2023-09-09. Retrieved 2023-12-02.
  21. ↑ "PinnacleOne". SentinelOne. n.d. Retrieved 2023-12-02.
  22. ↑ Singh, Manish (2024-01-08). "SentinelOne acquires Peak XV-backed PingSafe for over $100 million". TechCrunch. Retrieved 2024-07-21.
  23. ↑ "SentinelOne joins as Official Cybersecurity Partner". Aston Martin Cognizant Formula 1 Team. 23 February 2021. Retrieved 18 August 2021.
  24. ↑ "Our Customers" . Retrieved 28 April 2024.
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.