|Type||Now owned by Hewlett-Packard|
|Industry||Computer software, security management, Enterprise software|
|Headquarters||Cupertino, California, USA|
ArcSight was a company founded in 2000 that provides big data security analytics and intelligence software for security information and event management (SIEM). It became a subsidiary of Hewlett-Packard in 2010. HP ArcSight, headquartered in Sunnyvale, California, USA, with sales offices in other countries.
ArcSight was incorporated in May 2000. Silicon Valley Internet Capital, a small investment firm founded by Robert Shaw, was the initial lead investor. Alex Daly was the founding CEO, who was previously CEO of Cygnus Solutions, acquired by Red Hat. Hugh Njemanze was the founding CTO. ArcSight originally was called Wahoo Technologies, while it was a stealth mode startup. Its original business plan was driven primarily by the dot-com bubble to build a caching and acceleration platform. Feedback from initial prospective customers shifted strategy to an analysis and correlation engine for security events. The company was formally named ArcSight in January 2001. The founding CEO Alex Daly left the company citing health reasons in July 2001, when the founding investor Robert Shaw took over as. Daly remained as a major shareholder with 10.30% stake in 2008. Njemanze and Kothari registered several patents such as US7376969 - Real-time monitoring and analysis of events from multiple network security devices, US7260844 - Threat detection in a network security system, and US7650638 - Network security monitoring system employing bi-directional communication.
Kleiner Perkins and In-Q-Tel, the US Central Intelligence Agency’s venture-capital arm, became investors via second and third rounds in 2002. Other early investors included Integral Capital Partners, Institutional Venture Partners, New Enterprise Associates, and Samsung Ventures. ArcSight filed for initial public offering on September 11, 2007 and offered its shares on February 14, 2008 under symbol ARST. It was the only Silicon Valley company to enter Nasdaq in 2008, during the Great Recession when few other technology companies went public. Tom Reilly was appointed as CEO in 2008. Robert Shaw retired effective October 1, 2008, citing health reasons.
In September 2010, Hewlett-Packard (HP) announced an agreement to acquire ArcSight for approximately $1.5 billion. On October 22, 2010, it completed its acquisition. on. ArcSight said it had more than a thousand customers at that time.
The HP ArcSight Security Intelligence and Risk Management (SIRM) is software to collect, store, analyze, and manage security:
- ArcSight Enterprise Security Manager (ESM): core analysis engine for managing threats and risks
- ArcSight Logger: the universal log management solution to unify logs across the IT for collect, store, and searching
- ArcSight Connector Appliance: A solution in an appliance to run smart connectors organized in containers (each container can store up to 4 connectors).
- ArcSight Express: SIEM solution in an appliance for small and medium size business
- ArcSight IdentityView: User activity monitoring
- ArcSight Connectors: for data collection from a variety of data sources
- ArcSight Auditor Applications: automated continuous controls monitoring
- Timothy Prickett Morgan (September 12, 2010). "HP eyes $1.46bn ArcSight security buy: Hey, Dell. Wanna bid higher?". The Register. Retrieved October 9, 2013.
- "SVIC Founder and CEO Robert W. Shaw Joins Zero-Knowledge Systems' Board of Directors". Press release. February 13, 2000. Retrieved October 9, 2013.
- Alex Daly (June 1, 2000). "Njemanze Job Offer". Sample Business Contracts. Onecle. Retrieved October 9, 2013.
- "Prospectus". Form S-1. US Securities and Exchange Commission. December 7, 2007. Retrieved October 9, 2013.
- Who Is a Big Fan of ArcSight? The CIA
- cnnmoney.com: "Early investor secures big profit on ArcSight sale." September 13, 2010.
- silicontap: "ArcSight Prices IPO." February 14, 2008.
- San Jose Business Journal: “Grierson helped lead ArcSight, valley's only IPO of 2008.” Tanner. Nov. 2009
- MarketWire: “ArcSight Promotes Tom Reilly to be CEO in 2008."
- “HP To Acquire ArcSight.” Sept. 13, 2010
- HP to Acquire ArcSight Sept. 13, 2010
- HP News Release. "HP Completes Acquisition of ArcSight." Oct. 2010
- San Jose Mercury News. “Hewlett-Packard completes $1.5B ArcSight acquisition.” Russell. October 2010
- geek.com: "HP buys security software vendor ArcSight for $1.5 billion." September 14, 2010.
- The Street: "ArcSight Upgrades ETRM Platform For Enterprise-Wide Threat And Risk Management." September 20, 2010.
- ArcSight Website
- HP Software official site
- HP Protect 2013
- HP ArcSight Protect 724 User Forum
- ArcSight RSS
- BizJournals ArcSight Company Profile