Arctic_Wolf_Networks

Arctic Wolf Networks

Arctic Wolf Networks

Cybersecurity company

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.

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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]

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.[7]

On February 1, 2022, Arctic Wolf acquired Tetra Defense.[8]

In October 2023, Arctic Wolf acquired Revelstoke, a cybersecurity company.[9][10]

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.[11]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.[12]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B.[6][13]

References

  1. [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. [2]
    "Managed Security Firm Arctic Wolf Raises $60 Million In Pursuit Of IPO". CRN. 27 October 2020. Retrieved 31 December 2020.
  3. [3]
    "Arctic Wolf offers SIEM in cloud". NetworkWorld. 17 February 2016. Retrieved 31 December 2020.
  4. [4]
    "Arctic Wolf raises $60M to introduce new service offerings and address new markets". helpnetsecurity. 13 March 2020. Retrieved 31 December 2020.
  5. [5]
    "Deloitte's Technology Fast 500 North America 2020". 17 November 2020. Retrieved 31 December 2020.
  6. [6]
    Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
  7. [7]
    Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  8. [8]
    "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.
  9. [9]
    "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke". SiliconANGLE. 2023-10-10. Retrieved 2024-03-15.
  10. [10]
    Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2024-03-15.
  11. [11]
    Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  12. [12]
    "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.
  13. [13]
    "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
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