Red Canary

SoftwareSeries CDenver, USredcanary.com

Latest round

Series C

Last raised

Feb 2021

Total raised

$121M

Investors

6

About Red Canary

Based in Colorado, US and founded in 2013 by Brian Beyer (CEO), and Keith Mccammon, Red Canary specializes in Managed Detection and Response (MDR) services, focusing on threat detection and incident response for various industries., a portfolio company of Lightspeed Venture Partners, WestBridge Capital Partners, EMC Ventures, and CapitalG, acquired Red Canary, Inc. from Summit Partners, Kyrus Solutions, Access Venture Partners, Noro-Moseley Partners, and Access Ventures. Red Canary specializes in Managed Detection and Response (MDR) services, primarily focusing on comprehensive threat detection and incident response solutions for organizations across various sectors. Their core offerings include advanced threat intelligence, proactive threat hunting, and automated incident response, all designed to identify and mitigate cyber threats effectively. Red Canary's solutions leverage behavioral analytics and integrate seamlessly with existing security tools, operationalizing them without the need for complex deployments. The company serves a diverse client base, including industries such as financial services, healthcare, technology, and education, and operates on a global scale with products marketed in North America, Europe, and Asia-Pacific regions. Red Canary's revenue generation is primarily structured around subscription-based models, where clients access their MDR services through various pricing plans tailored to organizational needs. The pricing structure typically involves packages designed for companies of all sizes, allowing flexibility in service level and features. These subscriptions provide clients with continuous access to threat detection capabilities and support from Red Canary's 24/7 security teams. The company's flagship services include managed detection and responses that utilize proprietary analytics to monitor security telemetry, ensuring robust protection against cyber threats. The revenue model emphasizes long-term partnerships with clients, facilitating ongoing relationships rather than one-time transactions.

Who invested in Red Canary

6 investors across 3 rounds

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Funding rounds

  1. Series C

    Feb 5, 2021

    Amount

    $81M

    Investors

    Locked

  2. Series B

    Apr 30, 2019

    Amount

    $34M

    Investors

    Locked

  3. Series A

    Jul 15, 2016

    Amount

    $6.2M

    Investors

    Locked

Questions about Red Canary

Who invested in Red Canary?

Red Canary has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Red Canary raised?

Red Canary has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Red Canary last raise money?

Red Canary's most recent round on record is a Series C, in Feb 2021.

What does Red Canary do?

Based in Colorado, US and founded in 2013 by Brian Beyer (CEO), and Keith Mccammon, Red Canary specializes in Managed Detection and Response (MDR) services, focusing on threat detection and incident response for various industries.

Where is Red Canary headquartered?

Red Canary is headquartered in Denver, US.

Which VCs invest in companies like Red Canary?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Red Canary's stage. Their profiles are linked below.

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