# Webroot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/webroot

- Industry: IT Security/Cybersecurity
- Headquarters: Broomfield, US
- Website: www.webroot.com
- Total disclosed funding: $109M
- Latest round: Series A (Feb 28, 2005)
- Investors on record: 3

## About

Based in the US, Webroot Inc. provides tailored cybersecurity solutions designed to protect individuals and businesses from online threats, ensuring digital safety through innovative technology and a comprehensive suite of services.Webroot Inc. is a cybersecurity company specializing in threat intelligence and prevention solutions. Founded in 1997, the company is headquartered in Broomfield, US. In February 2019, Carbonite, Inc. acquired Webroot for USD 618.5 mn in cash, completing the acquisition in March 2019.Webroot specializes in cybersecurity and threat intelligence services, offering a comprehensive suite of solutions designed to protect individuals and businesses from various online threats. Their core product offerings include antivirus software, identity protection, VPN services, and cloud backup solutions, all aimed at safeguarding users against viruses, scams, identity theft, and data breaches. These products are engineered to provide multiple layers of protection, ensuring that customers can maintain their digital safety across different devices, including desktops, mobile phones, and Chromebooks. The company's target clientele ranges from individual consumers seeking basic device protection to families and businesses in need of more robust security measures. Webroot's products are distributed in several geographical markets, including the United States, Canada, Australia, the United Kingdom, and various European countries, catering to a diverse customer base with varying security requirements.Webroot operates on a subscription-based revenue model, where customers can access its cybersecurity solutions through various pricing plans tailored to different needs. The company offers several tiers of services, including flagship products such as Webroot Internet Security Plus and Webroot Premium, which provide varying levels of protection and features. Transactions typically occur directly with consumers or through managed service providers (MSPs), allowing businesses to offer Webroot’s security solutions as part of their service offerings. The pricing structure facilitates both individual purchases and bulk subscriptions for business clients, enhancing the accessibility of its products across different market segments. The firm's business approach underscores its commitment to delivering value through reliable, effective cybersecurity solutions to its end users.Webroot is focused on developing new products to enhance its cybersecurity offerings, although specific upcoming releases have not been detailed. The company aims to expand into new markets, particularly in Asia and South America, by the end of 2023. The recent acquisition by Carbonite, Inc. for USD 618.5 mn will support these initiatives by providing additional resources for product development and market expansion.

## Funding rounds

- Series A, Feb 28, 2005, $109M — Accel, Mayfield Fund, TCV

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A
- TCV (https://capitalatlas.ai/funds/tcv) — Series A