Arctic Wolf Networks

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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[edit]

Founded in 2012, Arctic Wolf focused on providing managed security services to small and midmarket organizations.[3] The company was listed as a Gartner Cool Vendor in security for mid sized enterprises in June 2018. In 2019 and again in 2020, the company was named to the Deloitte Fast 500 list of fast-growing companies.[4][5] In 2021, the company became part of IDC MarketScape Leader and was part of CRN Security 100 List. In 2022, CRN listed the company number 1 in its Top 10 Cybersecurity products and tool.[6]

In December 2018, Arctic Wolf announced the acquisition of the company RootSecure, and subsequently turned the RootSecure product offering into a vulnerability management service.[7]

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.[8]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.[9]

On July 19, 2021, Arctic Wolf secured $150M at Series F, tripling its valuation to $4.3B.[6][10]

On February 1, 2022, Arctic Wolf acquired Tetra Defense.[11]

References[edit]

  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. ^ "Arctic Wolf raises $60M to introduce new service offerings and address new markets". helpnetsecurity. 13 March 2020. Retrieved 31 December 2020.
  5. ^ "Deloitte's Technology Fast 500 North America 2020". 17 November 2020. Retrieved 31 December 2020.
  6. ^ a b Fitzgerald, Jaymin (2022-07-15). "The following are 10 cool cybersecurity products and tools". can.com.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  8. ^ Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
  9. ^ "Arctic Wolf Secures $200M in Series E Funding at a Valuation of $1.3 Billion". www.yahoo.com. Retrieved 2021-03-04.
  10. ^ "Cyber Risk Protection Company Arctic Wolf Networks, Inc". mg21.com. 2021-07-19.
  11. ^ "Arctic Wolf Acquires Tetra Defense to Add World-Class Incident Readiness and Response to Its Security Operations Portfolio" (Press release). Arctic Wolf. 2022-02-01.

External links[edit]