Description
Arctic Wolf Networks is a cybersecurity company that provides security monitoring for small and mid-sized organizations to detect and respond to cyber threats. The company monitors on-premises computers, networks and cloud based information assets from malicious activity such as cybercrime, ransomware, and malicious software attacks.
History
Arctic Wolf was founded in 2012 and has focused on providing managed security services to small and midmarket organizations. 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.
Arctic Wolf announced the acquisition of the company RootSecure in December 2018, and subsequently turned the RootSecure product offering into a vulnerability management service.
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.
In October 2020, Arctic Wolf announced a $200M E Round of funding at a valuation of 1.3B$.
On July 19 2021, Arctic Wolf secures $150M at Series F, tripling its valuation to $4.3B.
