# Red Canary

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/red-canary

- Industry: Software
- Headquarters: Denver, US
- Website: www.redcanary.com
- Total disclosed funding: $121M
- Latest round: Series C (Feb 5, 2021)
- Investors on record: 6

## About

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. In May 2025, Zscaler, Inc., 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.

## Funding rounds

- Series C, Feb 5, 2021, $81M — Noro-Moseley Partners, Summit Partners, Access Ventures
- Series B, Apr 30, 2019, $34M — Noro-Moseley Partners, Summit Partners, Access Venture Partners
- Series A, Jul 15, 2016, $6.2M — Noro-Moseley Partners, Access Venture Partners, Kyrus Solutions, Service Provider Capital

## Investors

- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series A, Series B, Series C
- Access Venture Partners (https://capitalatlas.ai/funds/access-venture-partners) — Series A, Series B
- Kyrus Solutions — Series A
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A
- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series B, Series C
- Access Ventures — Series C