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.
| Company type | Private |
|---|---|
| Industry | Cybersecurity |
| Founded | 2012 |
| 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 |
| Services | Security Analytics, Vulnerability Management Managed Detection and Response |
Number of employees | 2,000 |
| Website | arcticwolf |
| 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 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][10]
In October 2023, Arctic Wolf acquired Revelstoke, a cybersecurity company.[11][12]
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.[13]
In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.[14]
On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B.[6][15]
References
- ^ "Arctic Wolf Honored as a 'Best Place to Work' by The Business Journals" (Press release). Arctic Wolf. 2021-08-16. Retrieved 2022-06-29.
- ^ "Managed Security Firm Arctic Wolf Raises $60 Million In Pursuit Of IPO". CRN. 27 October 2020. Retrieved 31 December 2020.
- ^ "Arctic Wolf offers SIEM in cloud". NetworkWorld. 17 February 2016. Retrieved 31 December 2020.
- ^ "Arctic Wolf raises $60M to introduce new service offerings and address new markets". helpnetsecurity. 13 March 2020. Retrieved 31 December 2020.
- ^ "Deloitte's Technology Fast 500 North America 2020". 17 November 2020. Retrieved 31 December 2020.
- ^ 6.0 6.1 Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
- ^ Wolf, Arctic (2022-10-23). "Security Operations in Australia and New Zealand". Arctic Wolf. Retrieved 2024-05-30.
- ^ Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
- ^ Zurier, Steve (2022-02-03). "Arctic Wolf backs off IPO talk, looks to scale business with latest acquisition". SC Media. Retrieved 2024-08-02.
- ^ Panettieri, Joe (2022-02-01). "Arctic Wolf Acquires Tetra Defense for Security Incident Response Capabilities -". MSSP Alert. Retrieved 2024-08-02.
- ^ "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke". SiliconANGLE. 2023-10-10. Retrieved 2024-03-15.
- ^ Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2024-03-15.
- ^ Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
- ^ "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.
- ^ "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.