Company:Arctic Wolf Networks

From HandWiki
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]

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.

History

Founded in 2012, Arctic Wolf focused on providing managed security services to small and mid-market organizations.[3] The company was listed as a Gartner Cool Vendor in security for mid-sized enterprises in June 2018.

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.[4]

On February 1, 2022, Arctic Wolf acquired Tetra Defense.[5][6][7] In October 2023, Arctic Wolf acquired Revelstoke, a cybersecurity company.[8][9]

Cylance was acquired from Blackberry Limited by Arctic Wolf in December 2024.[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] Also in 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.[13][14]

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. https://www.crn.com/news/security/managed-security-firm-arctic-wolf-raises-60-million-in-pursuit-of-ipo. 
  3. "Arctic Wolf offers SIEM in cloud". NetworkWorld. 17 February 2016. https://www.networkworld.com/article/3033945/arctic-wolf-offers-siem-in-cloud.html. 
  4. Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". https://betakit.com/cybersecurity-risk-assessment-company-rootsecure-acquired-by-arctic-wolf-networks//. 
  5. Zurier, Steve (2022-02-03). "Arctic Wolf backs off IPO talk, looks to scale business with latest acquisition" (in en). https://www.scmagazine.com/analysis/arctic-wolf-backs-off-ipo-talk-looks-to-scale-business. 
  6. Panettieri, Joe (2022-02-01). "Arctic Wolf Acquires Tetra Defense for Security Incident Response Capabilities -" (in en). https://www.msspalert.com/news/arctic-wolf-buys-tetra-defense. 
  7. James Rundle (June 1, 2022). "ReliaQuest to Buy Digital Shadows for $160 Million". https://www.wsj.com/articles/reliaquest-to-buy-digital-shadows-for-160-million-11654081200. 
  8. "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke" (in en-US). 2023-10-10. https://siliconangle.com/2023/10/10/arctic-wolf-acquires-venture-backed-cybersecurity-provider-revelstoke/. 
  9. Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke" (in en-US). https://techcrunch.com/2023/10/10/arctic-wolf-acquires-cybersecurity-automation-platform-revelstoke/. 
  10. "Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance". https://www.blackberry.com/us/en/company/newsroom/press-releases/2024/arctic-wolf-and-blackberry-announce-acquisition-agreement-for-cylance. 
  11. Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". https://siliconangle.com/2020/03/11/security-firm-arctic-wolf-lands-60m-series-d-funding/. 
  12. "Arctic Wolf Secures $200M in Series E Funding at a Valuation of $1.3 Billion" (in en-US). https://www.yahoo.com/now/arctic-wolf-secures-200m-series-100000123.html. 
  13. Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com. https://www.crn.com/news/security/the-10-coolest-cybersecurity-tools-and-products-in-2022-so-far-/1. 
  14. "Cyber Risk Protection Company Arctic Wolf Networks, Inc.". mg21.com. 2021-07-19. https://www.mg21.com/arcticwolf.html.