# Awake Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/awake-security

- Industry: IT Security/Cybersecurity
- Headquarters: Santa Clara, US
- Website: www.awakesecurity.com
- Total disclosed funding: $36M
- Latest round: Series C (Apr 15, 2020)
- Investors on record: 5

## About

Awake Security, Inc. specializes in advanced network security solutions aimed at enhancing the security posture of organizations through innovative technologies, including AI-driven analytics for threat detection and response.Founded in 2014 and headquartered in Santa Clara, US, Awake Security, Inc. focuses on providing comprehensive security solutions. In September 2020, the company was acquired by Arista Networks, Inc. for USD 185 mn in cash. The company was founded by Keith Amidon, who has a history of founding successful ventures, while Rahul Kashyap serves as the current CEO. The firm has completed a total of four deals, with its latest deal occurring on 2020-09-28.Awake Security offers advanced network security solutions that include the Multi-Domain Segmentation Service (MSS) for microsegmentation and security policy enforcement based on endpoint and application identities. Their network detection and response (NDR) technology leverages AI to autonomously discover, classify, and monitor network assets, catering to a client base that spans North America, Europe, and Asia-Pacific.Awake Security generates revenue primarily through subscriptions and direct sales of its proprietary network security solutions. Their key offerings, including the Arista NDR and MSS, are typically sold on a subscription model, enabling long-term partnerships with enterprise clients seeking robust cybersecurity strategies.The recent acquisition by Arista Networks, set to close by the fourth quarter of 2020, positions Awake Security for strategic growth. The firm plans to leverage this acquisition to expand into new markets, enhancing its product offerings and integrating with Arista's extensive client base. Future initiatives include launching new security products designed to address evolving cyber threats and expanding their geographic reach. Funding from the acquisition will be used to support these growth plans, ensuring Awake Security remains competitive in the dynamic network security landscape.

## Funding rounds

- Series C, Apr 15, 2020, $36M — Bain Capital, Greylock Partners, Liberty Global Ventures, Evolution Equity Partners, Energize Capital

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series C
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series C
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series C
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series C
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series C