Arctic Wolf Raises $60M in Series D Funding

Funding Rounds

Summary

The round was led by Blue Cloud Ventures and Stereo Capital, with participation from several new and existing investors, including Delta-v Capital and NextEquity Partners. The company intends to use the funds to introduce new service offerings, and address new markets. Led by Brian NeSmith, CEO and Co-Founder, Arctic Wolf delivers personal, predictable protection from cybersecurity threats through a security operations center (SOC)-as-a-service. The company’s Managed Detection and Response and Managed Risk services are anchored by the Arctic Wolf Concierge Security™ Team who provide custom threat hunting, alerting, and reporting. Arctic Wolf’s cloud-based SOC-as-a-service offers 24×7 monitoring, risk management, threat detection, and response.

$ Funding

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Amount $60.0M Total raised
Date March 11, 2020 Announcement date
Investors Arctic Wolf Networks Lead investors
Company http://www.arcticwolf.com Funded company

Classifications

industries
HealthTech
applications
Facilities Management

AskAI Classifications

Labels
Cybersecurity Software SaaS Managed Security Services

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