Arctic Wolf Secures $200M in Series E Funding at a Valuation of $1.3 Billion

0
206

EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–Arctic Wolf®, the leader in security operations, today announced it has raised $200 million in Series E funding at a valuation of $1.3 billion. The funding round was led by Viking Global Investors, with additional participation from DTCP and existing investors. This new round of funding will enable Arctic Wolf to accelerate the introduction of new security operations offerings, address new markets, and further cement its leadership position in the security operations and managed detection and response (MDR) markets.

Using the cloud-native Arctic Wolf Platform, Arctic Wolf provides security operations as a concierge service. Arctic Wolf Concierge Security® experts act as an extension of an organization’s internal team, providing tailored threat detection and response, as well as ongoing risk management to keep their valuable business data safe. By pairing the intelligence of a cloud-native platform with the expert insight of security operations experts, Arctic Wolf helps organizations end cyber risk.

“Every year, businesses continue to make significant new investments in cybersecurity tools, yet we still see breaches in the…

Read More…