Arctic Wolf Networks

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.

Arctic Wolf Networks
TypePrivate
IndustryCybersecurity
Founded2012
FoundersBrian NeSmith, Kim Tremblay, Sam McLane, Matthew Thurston
HeadquartersEden 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
Websitearcticwolf.com
Footnotes / references
[1]

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 December 2018, Arctic Wolf announced the acquisition of the company RootSecure, and subsequently turned the RootSecure product offering into a vulnerability management service.[7]

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.[8]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.[9]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B.[6][10]

On February 1, 2022, Arctic Wolf acquired Tetra Defense.[11]

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. Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
  7. Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  8. Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  9. "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.
  10. "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
  11. "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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.