SentinelOne
Formerly | Sentinel Labs, Inc. (2013–2021) |
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Company type | Public |
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Industry | |
Founded | 2013 |
Founders |
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Headquarters | Mountain View, California, U.S. |
Key people | Tomer Weingarten (chairman & CEO) |
Revenue | US$621 million (2024) |
US$−378 million (2024) | |
US$−339 million (2024) | |
Total assets | US$2.32 billion (2024) |
Total equity | US$1.59 billion (2024) |
Number of employees | c. 2,300 (2024) |
Subsidiaries |
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Website | sentinelone |
Footnotes / references Financials as of January 31, 2024[update].[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, Prague, Tokyo, and Tel Aviv.[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
[edit]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] It trades under the symbol S, which was formerly used by telecommunications company Sprint prior to its 2020 merger with T-Mobile US.
Acquisitions
[edit]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 agreed to acquire PingSafe, valuing the company at over $100 million.[22]
Sponsorships
[edit]Since 2021, SentinelOne has been the official cybersecurity sponsor of the Aston Martin Cognizant F1 Team.[23]
References
[edit]- ^ "SentinelOne FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 27, 2024.
- ^ Hu, Krystal; Podder, Sohini (June 30, 2021). "Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut". Reuters – via www.reuters.com.
- ^ a b c Ziv, Amitai (2020-02-20). "Israeli Cybersecurity Firm SentinelOne Raises $200 Million". Haaretz.
- ^ a b c d e Lunden, Ingrid (19 February 2020). "SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform". TechCrunch. Retrieved August 25, 2020.
- ^ D'Onfro, Jillian. "AI 50: America's Most Promising Artificial Intelligence Companies". Forbes. Retrieved 2019-09-17.
- ^ Lunden, Ingrid. "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved 2019-06-04.
- ^ "Nicholas Warner Profile, Bloomberg". Bloomberg. Retrieved August 25, 2020.
- ^ Schubarth, Cromwell (2020-02-19). "Silicon Valley CrowdStrike competitor hits unicorn status with $200M funding". Silicon Valley Business Journal. Retrieved August 25, 2020.
- ^ Orbach, Meir (19 February 2020). "Insight Partners Backs SentinalOne in $200 Million Investment". CTech. Retrieved August 25, 2020.
- ^ Scroxton, Alex. "SentinelOne makes security platform free to support remote workers". Computer Weekly. Retrieved August 25, 2020.
- ^ a b Lunden, Ingrid (5 June 2019). "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved August 25, 2020.
- ^ Brewster, Thomas (2015-08-26). "Netflix Is Dumping Anti-Virus, Presages Death Of An Industry". Forbes. Retrieved August 25, 2020.
- ^ Greene, Tim (30 July 2015). "Endpoint security firm SentinelOne challenges traditional anti-virus software". Network World. Retrieved August 25, 2020.
- ^ "CNBC Disruptor 50". CNBC. 16 June 2020. Retrieved August 25, 2020.
- ^ Johnson, Robert (20 November 2020). "SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation". Crediblock.com. PreIPOSwap.com. Retrieved 21 November 2020.
- ^ de Leon, Riley (30 June 2021). "SentinelOne soars in first trade as highest-valued cybersecurity IPO ever". CNBC.com. Retrieved 30 June 2021.
- ^ "SentinelOne buys US big data co Scalyr for $155m". Globes. 2021-09-02. Retrieved 2021-02-10.
- ^ Anand, Praharsha (17 March 2022). "SentinelOne to acquire Attivo Networks for $617 million". IT PRO. Retrieved 2022-03-17.
- ^ Greig, Jonathan (2023-11-09). "SentinelOne to acquire cybersecurity consulting firm Krebs Stamos Group". The Record. Retrieved 2023-12-02.
- ^ "SentinelOne® Launches PinnacleOne Strategic Advisory Group" (Press release). Boca Raton, FL: Businessswire. 2023-09-09. Retrieved 2023-12-02.
- ^ "PinnacleOne". SentinelOne. n.d. Retrieved 2023-12-02.
- ^ Singh, Manish (2024-01-08). "SentinelOne acquires Peak XV-backed PingSafe for over $100 million". TechCrunch. Retrieved 2024-07-21.
- ^ "SentinelOne joins as Official Cybersecurity Partner". Aston Martin Cognizant Formula 1 Team. 23 February 2021. Retrieved 18 August 2021.
External links
[edit]- Media related to SentinelOne at Wikimedia Commons
- Official website
- Business data for SentinelOne, Inc.: