# Arctic Wolf Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arctic-wolf-networks

- Industry: IT Security/Cybersecurity
- Headquarters: Eden Prairie, US
- Website: www.arcticwolf.com
- Total disclosed funding: $483M
- Latest round: Series F (Jul 7, 2021)
- Investors on record: 14

## About

Founded in 2012 and based in Eden Prairie, MN, Arctic Wolf Networks, Inc. provides comprehensive cybersecurity solutions to enhance organizations' security measures. Their innovative approach operationalizes security through advanced technology and expert guidance. Arctic Wolf Networks, Inc., founded by Brian NeSmith and Kim Tremblay, operates in the cybersecurity sector by delivering managed detection and response services. Arctic Wolf Networks, Inc. has raised a total of USD 899.91 million across 9 deals, with the latest round being a venture debt round in which the company secured USD 401 million. The company is valued at USD 4.3 billion. Arctic Wolf specializes in delivering comprehensive cybersecurity solutions that focus on operationalizing security for organizations of various sizes. Their core offerings include the open XDR platform, vital for unified security operations, enabling clients to collect, enrich, and analyze security data at scale. Key products, such as Alpha AI and Aurora Endpoint Security, leverage artificial intelligence to prevent advanced threats and automate labor-intensive processes, ensuring robust security measures. Their solutions cater to various clientele, including Managed Service Providers (MSPs), Independent Software Vendors (ISVs), and U.S. Federal Agencies, designed to mitigate cyber threat risks across North America, Europe, and parts of the Asia-Pacific region.Arctic Wolf generates revenue primarily through a subscription-based model, providing security solutions to various clients. Their transaction structure involves direct engagements with businesses seeking managed detection and response services, incident response, and endpoint protection. Clients subscribe to different service tiers for access to the company’s suite of tools and expert guidance. While specific pricing for products like Alpha AI and Aurora Endpoint Security is not publicly disclosed, the company's partnerships with over 1,500 MSPs and channel partners indicate a scalable revenue model driven by recurring subscriptions, fostering continuous relationships with clients for regular service updates.

## Funding rounds

- Series F, Jul 7, 2021, $150M — Viking Global Investors, Blue Cloud Ventures, Blue Owl, Stereo Capital
- Series E, Oct 21, 2020, $201M — DTCP, Viking Global Investors
- Series D, Dec 18, 2019, $60M — Delta-v Capital, Blue Cloud Ventures, NextEquity Partners, Stereo Capital
- Series C, Oct 25, 2018, $45M — Adams Street Partners, Lightspeed Venture Partners, Redpoint Ventures, Future Fund, Bright Pixel, Unusual Ventures, Knollwood Investment Advisory
- Series B, Mar 18, 2013, $20M — Lightspeed Venture Partners, Redpoint Ventures
- Series A, May 1, 2012, $7.3M — Lightspeed Venture Partners, Redpoint Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B, Series C
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A, Series B, Series C
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series C
- Future Fund — Series C
- Bright Pixel (https://capitalatlas.ai/funds/bright-pixel) — Series C
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Series C
- Knollwood Investment Advisory — Series C
- Delta-v Capital (https://capitalatlas.ai/funds/delta-v-capital) — Series D
- Blue Cloud Ventures (https://capitalatlas.ai/funds/blue-cloud-ventures) — Series D, Series F
- NextEquity Partners (https://capitalatlas.ai/funds/nextequity-partners) — Series D
- Stereo Capital (https://capitalatlas.ai/funds/stereo-capital) — Series D, Series F
- DTCP — Series E
- Viking Global Investors (https://capitalatlas.ai/funds/viking-global-investors) — Series E, Series F
- Blue Owl (https://capitalatlas.ai/funds/blue-owl) — Series F