Arctic Wolf Networks

Arctic Wolf Networks is a cybersecurity company that provides security monitoring for small and mid-sized organizations 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.

Arctic Wolf Networks
TypePrivate
IndustryCybersecurity
Founded2012
FoundersBrian NeSmith, Kim Tremblay, Sam McLane, Matthew Thurston
HeadquartersEden Prairie, Minnesota, USA
ServicesSecurity Analytics, Vulnerability Management, Managed Detection and Response
Number of employees
400[1]
Websitewww.arcticwolf.com

History

Arctic Wolf was founded in 2012 and has 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]

Arctic Wolf announced the acquisition of the company RootSecure in December 2018, and subsequently turned the RootSecure product offering into a vulnerability management service.[6]

Following a $60M D Round of funding in March 2020, the company announced moving its headquarters from Sunnyvale, California to Eden Prairie, Minnesota in October 2020.[7]

In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$. To date this makes Arctic Wolf the first and only cloud-native Managed Detection and Response (MDR) services vendor to secure a valuation of over $1 billion.

References
  1. "Arctic Wolf will move its headquarters to Eden Prairie from Silicon Valley". Minneapolis Star Tribune. 27 October 2020. Retrieved 31 December 2020.
  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. Wong, Sera (15 January 2019). "Cybersecurity risk assessment company RootSecure acquired by Arctic Wolf Networks". BetaKit. Retrieved 31 December 2020.
  7. Wheatley, Mike (11 March 2020). "Security firm Arctic Wolf lands $60M in late-stage funding". Silicon Angle. Retrieved 31 December 2020.
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