Company:SentinelOne

From HandWiki
Short description: American cybersecurity company
SentinelOne, Inc.
FormerlySentinel Labs, Inc.
(2013–2021)
TypePublic company
  • NYSE: S
  • Russell 1000 component
Industry
  • Cybersecurity
Founded2013; 11 years ago (2013)
Founders
  • Ehud Shamir
  • Tomer Weingarten
  • Almog Cohen
HeadquartersMountain View, California, U.S.
Key people
Tomer Weingarten
(Chairman & CEO)
RevenueIncrease US$422 million (2023)
Decrease US$−403 million (2023)
Decrease US$−379 million (2023)
Total assetsIncrease US$2.26 billion (2023)
Total equityIncrease US$1.66 billion (2023)
Number of employees
c. 2,100 (2023)
Subsidiaries
Websitewww.sentinelone.com
Footnotes / references
Financials (As of January 2023)[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, Tokyo, and Berlin.[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]

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]

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's Acquisition of PingSafe Values Indian Startup at Over $100 Million[22]

Sponsorships

Since 2021, SentinelOne has been the official cybersecurity sponsor of the Aston Martin Cognizant F1 Team.[23]

References

  1. ↑ "SentinelOne fiscal 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 29, 2023. https://www.sec.gov/ix?doc=/Archives/edgar/data/1583708/000158370823000014/s-20230131.htm. 
  2. ↑ Hu, Krystal; Podder, Sohini (June 30, 2021). "Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut". Reuters. https://www.reuters.com/technology/daniel-loeb-backed-sentinelone-valued-117-bln-shares-jump-debut-2021-06-30/. 
  3. ↑ 3.0 3.1 3.2 "Israeli Cybersecurity Firm SentinelOne Raises $200 Million". Haaretz. https://www.haaretz.com/israel-news/business/.premium-israeli-cybersecurity-firm-sentinelone-raises-200-million-1.8560320. Retrieved August 25, 2020. 
  4. ↑ 4.0 4.1 4.2 4.3 4.4 "SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform". TechCrunch. 19 February 2020. https://techcrunch.com/2020/02/19/sentinelone-raises-200m-at-a-1-1b-valuation-to-expand-its-ai-based-endpoint-security-platform. Retrieved August 25, 2020. 
  5. ↑ D'Onfro, Jillian. "AI 50: America's Most Promising Artificial Intelligence Companies". https://www.forbes.com/sites/jilliandonfro/2019/09/17/ai-50-americas-most-promising-artificial-intelligence-companies/#6c99db565c51. Retrieved 2019-09-17. 
  6. ↑ Lunden, Ingrid. "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. https://techcrunch.com/2019/06/04/sentinelone-raises-120m-for-its-fully-autonomous-ai-based-endpoint-security-solution/. Retrieved 2019-06-04. 
  7. ↑ "Nicholas Warner Profile, Bloomberg". Bloomberg. https://www.bloomberg.com/profile/person/20264962. Retrieved August 25, 2020. 
  8. ↑ "Silicon Valley CrowdStrike competitor hits unicorn status with $200M funding". Silicon Valley Business Journal. https://www.bizjournals.com/sanjose/news/2020/02/19/sentinelone-funding-valuation-cybersecurity.html. Retrieved August 25, 2020. 
  9. ↑ "Insight Partners Backs SentinalOne in $200 Million Investment". CTech. 19 February 2020. https://www.calcalistech.com/ctech/articles/0,7340,L-3794593,00.html. Retrieved August 25, 2020. 
  10. ↑ "SentinelOne makes security platform free to support remote workers". Computer Weekly. https://www.computerweekly.com/news/252480144/SentinelOne-makes-security-platform-free-to-support-remote-workers. Retrieved August 25, 2020. 
  11. ↑ 11.0 11.1 "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. 5 June 2019. https://techcrunch.com/2019/06/04/sentinelone-raises-120m-for-its-fully-autonomous-ai-based-endpoint-security-solution/. Retrieved August 25, 2020. 
  12. ↑ "Netflix Is Dumping Anti-Virus, Presages Death Of An Industry". Forbes. https://www.forbes.com/sites/thomasbrewster/2015/08/26/netflix-and-death-of-anti-virus/#1ebc662e18a5. Retrieved August 25, 2020. 
  13. ↑ "Endpoint security firm SentinelOne challenges traditional anti-virus software". Network World. 30 July 2015. https://www.networkworld.com/article/2955017/endpoint-security-firm-sentinelone-challenges-traditional-anti-virus-software.html. Retrieved August 25, 2020. 
  14. ↑ "CNBC Disruptor 50". CNBC. 16 June 2020. https://www.cnbc.com/2020/06/16/sentinelone-disruptor-50.html. 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". PreIPOSwap.com. Crediblock.com. https://preiposwap.com/sentinelone-an-ai-based-endpoint-security-firm-confirms-267m-raise-on-a-3-1b-valuation/. Retrieved 21 November 2020. 
  16. ↑ de Leon, Riley (30 June 2021). "SentinelOne soars in first trade as highest-valued cybersecurity IPO ever". CNBC.com. https://www.cnbc.com/2021/06/30/sentinelone-soars-in-first-trade-as-highest-valued-cybersecurity-ipo.html. Retrieved 30 June 2021. 
  17. ↑ "SentinelOne buys US big data co Scalyr for $155m" (in en). Globes. 2021-09-02. https://en.globes.co.il/en/article-sentinelone-buys-us-big-data-co-scalyr-for-155m-1001360160. 
  18. ↑ "SentinelOne to acquire Attivo Networks for $617 million" (in en). 17 March 2022. https://www.itpro.co.uk/business-strategy/mergers-and-acquisitions/367009/sentinelone-to-acquire-attivo-networks-for-617. 
  19. ↑ "SentinelOne to acquire cybersecurity consulting firm Krebs Stamos Group". 2023-11-09. https://therecord.media/sentinelone-to-acquire-krebs-stamos-group. 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". n.d.. https://www.sentinelone.com/global-services/pinnacle-one/. Retrieved 2023-12-02. 
  22. ↑ akram, wasim (8 January 2024). "SentinelOne's Acquisition of PingSafe Values Indian Startup at Over $100 Million". ibmot. https://ibmot.com/sentinelone-acquire-pingsafe/. 
  23. ↑ "SentinelOne joins as Official Cybersecurity Partner". 23 February 2021. https://www.astonmartinf1.com/en-GB/news/announcement/sentinelone-joins-as-official-cybersecurity-partner. 

External links



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