# Counterpane Internet Security

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.counterpane.com
- Total disclosed funding: $71M
- Latest round: Series D (Jan 14, 2003)
- Investors on record: 12

## About

Counterpane Internet Security, Inc. specializes in providing cybersecurity solutions and insights, focusing on enhancing data integrity and protection against cyber threats through expert analysis and innovative strategies.Counterpane Internet Security, Inc. was founded in 1999 in Mountain View, US, to provide cybersecurity services. The company was acquired by BT Group in October 2006 for an undisclosed sum. It has conducted a total of 5 deals in its history, with its most recent deal occurring on October 25, 2006. The company raised a total of USD 20.00 mn through its LATEST_ROUND, which was a Series D round, involving investors such as Accel, Bessemer Venture Partners, and Comcast Ventures.Counterpane Internet Security, Inc. offers a range of cybersecurity products and services aimed at enhancing security measures for diverse clients, including businesses and government entities. Their primary services include expert assessments, security analyses, and consulting, focusing on areas such as cyber threats and data integrity. The offerings are made accessible through their website, catering to a global audience across North America, Europe, and Asia.Counterpane Internet Security, Inc. generates revenue through a subscription-based model for premium content and partnerships with academic institutions and organizations. Their transactional structure allows clients to subscribe to newsletters or access specialized reports, which drives a direct-to-consumer model. Additionally, revenue streams may include consulting services provided by the founder, Bruce Schneier, aimed at enhancing security strategies for businesses and government entities.Counterpane Internet Security, Inc. aims to expand its market presence by developing new cybersecurity products that enhance data protection strategies and are expected to launch within the next year. The company is exploring expansion into new geographic markets with a focus on Asia and Europe by 2025. The recent funding of USD 20.00 mn raised in the Series D round will be utilized to support these initiatives, further solidifying their position in the cybersecurity landscape.

## Funding rounds

- Series D, Jan 14, 2003, $20M — Accel, Meritech Capital Partners, Comcast Ventures, Dell Ventures, Bessemer Venture Partners, STG, Morgan Stanley Expansion Capital
- Series C, Nov 28, 2000, $24M — Accel, Deutsche Bank, ClearLight Partners, Bessemer Venture Partners, Dell Technologies, Inc., Goldman Sachs Asset Management, Amerindo Investment Advisors, Morgan Stanley Expansion Capital
- Series B, May 15, 2000, $27M — Accel, Bessemer Venture Partners, Goldman Sachs Asset Management, Morgan Stanley Expansion Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B, Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series C
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series B, Series C, Series D
- Deutsche Bank — Series C
- ClearLight Partners (https://capitalatlas.ai/funds/clearlight-partners) — Series C
- Dell Technologies, Inc. — Series C
- Amerindo Investment Advisors — Series C
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series D
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series D
- Dell Ventures (https://capitalatlas.ai/funds/dell-ventures) — Series D
- STG (https://capitalatlas.ai/funds/stg) — Series D