SentinelOne

Last updated
SentinelOne, Inc.
FormerlySentinel Labs, Inc.
(2013–2021)
Company type Public
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$621 million (2024)
Increase Negative.svgUS$−378 million (2024)
Increase Negative.svgUS$−339 million (2024)
Total assets Increase2.svgUS$2.32 billion (2024)
Total equity Decrease2.svgUS$1.59 billion (2024)
Number of employees
c. 2,300 (2024)
Subsidiaries
  • Scalyr
  • Attivo Networks
  • PinnacleOne
  • PingSafe
Website sentinelone.com
Footnotes /references
Financials as of January 31,2024. [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]


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References

  1. ↑ "SentinelOne FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 27, 2024.
  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.
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