Arctic Wolf secures $200M in Series E funding at a valuation of $1.3 Billion
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.
“Eden Prairie ranks among the best places to do business in the United States thanks to its diverse workforce and outstanding quality of life,” said Ron Case, Mayor, City of Eden Prairie. “We are thrilled that Arctic Wolf has selected our city to be its new headquarters and cannot wait to see what the future holds for them.”
1 Gartner, Market Guide for Managed Detection and Response Services, 26 August 2020, Toby Bussa, Kelly Kavanagh, Pete Shoard, John Collins, Craig Lawson, Mitchell Schneider.
About Arctic Wolf
Arctic Wolf® is the market leader in security operations. Using the cloud-native Arctic Wolf Platform, we help companies end cyber risk by providing security operations as a concierge service. Highly trained Concierge Security® experts work as an extension of an organization’s internal team to provide 24×7 monitoring, detection, and response and ongoing risk management to proactively protect systems and data while continually strengthening their security posture. For more information about Arctic Wolf, visit arcticwolf.com.