Fortinet

IT Security/CybersecuritySeries DSunnyvale, USfortinet.com

Latest round

Series D

Last raised

Aug 2003

Total raised

$39M

Investors

3

About Fortinet

Based in the US, Fortinet, Inc. provides advanced cybersecurity solutions that secure networks and applications for businesses worldwide.Fortinet, Inc. was founded in 2000 in Sunnyvale, US, by Ken Xie and Michael Xie. The company specializes in cybersecurity solutions, focusing on protecting networks and applications.7 mn.Fortinet offers a comprehensive suite of cybersecurity solutions that integrate advanced security features with networking capabilities. Their extensive product lineup includes Next-Generation Firewalls (NGFW), Secure SD-WAN, and cloud security services, designed to protect diverse environments.20 mn.Fortinet is focused on expanding its product offerings and entering new markets. The company plans to launch new security solutions aimed at enhancing cloud and endpoint security by the end of 2024. Fortinet is also targeting expansion into emerging markets in Asia and South America within the next two years. The proceeds from their IPO will be utilized to support these initiatives, further strengthening their market presence and service capabilities.

Who invested in Fortinet

3 investors across 2 rounds

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Funding rounds

  1. Series D

    Aug 26, 2003

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Jul 16, 2002

    Amount

    $9M

    Investors

    Locked

Questions about Fortinet

Who invested in Fortinet?

Fortinet has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fortinet raised?

Fortinet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Fortinet last raise money?

Fortinet's most recent round on record is a Series D, in Aug 2003.

What does Fortinet do?

Based in the US, Fortinet, Inc.

Where is Fortinet headquartered?

Fortinet is headquartered in Sunnyvale, US.

Which VCs invest in companies like Fortinet?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Fortinet's stage. Their profiles are linked below.

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