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Arctic Wolf Networks

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Arctic Wolf Networks
Company 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

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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

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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]

Funding

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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.[10]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.[11]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B.[12][13]

References

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  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. ^ Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  5. ^ Zurier, Steve (2022-02-03). "Arctic Wolf backs off IPO talk, looks to scale business with latest acquisition". SC Media. Retrieved 2024-08-02.
  6. ^ Panettieri, Joe (2022-02-01). "Arctic Wolf Acquires Tetra Defense for Security Incident Response Capabilities -". MSSP Alert. Retrieved 2024-08-02.
  7. ^ James Rundle (June 1, 2022). "ReliaQuest to Buy Digital Shadows for $160 Million". Wall Street Journal. Retrieved October 28, 2024.
  8. ^ "Arctic Wolf acquires venture-backed cybersecurity provider Revelstoke". SiliconANGLE. 2023-10-10. Retrieved 2024-03-15.
  9. ^ Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2024-03-15.
  10. ^ Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  11. ^ "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.
  12. ^ Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.
  13. ^ "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
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