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§ Private Profile · Eden Prairie, MN, USA
Cybersecurity operations, managed detection and response (MDR), XDR, and SOC-as-a-service for mid-market and enterprise.
Arctic Wolf has raised $899.0M across 8 funding rounds.
Key people at Arctic Wolf.
Arctic Wolf has raised $899.0M in total across 8 funding rounds.
Based in Eden Prairie, Minnesota, Arctic Wolf provides managed detection and response, extended detection and response, and outsourced security operations center services to monitor networks and mitigate cyber threats. The company operates a recurring subscription business model delivering cloud native security operations to over 4,000 commercial and enterprise customers and more than one million licensed users globally. Operating with a workforce of over 2,000 employees, the cybersecurity firm has raised more than $500 million in total funding and reached a $4.3 billion valuation during a 2021 financing round. Its financial backing comes from prominent venture capital firms including Lightspeed Venture Partners, Redpoint Ventures, and Viking Global Investors, while recent corporate expansion included the strategic acquisition of security automation platform Revelstoke. Arctic Wolf was originally founded in 2012 by technology industry executives Brian NeSmith and Kim Tremblay.
Arctic Wolf is a cybersecurity company that builds the Arctic Wolf Aurora Platform, a cloud-native security operations platform delivering AI-driven managed detection and response (MDR), threat hunting, and risk management services.[1][2][5] It serves mid-sized to large enterprises across endpoints, networks, cloud environments (e.g., AWS, Azure, O365), and web applications, solving the problem of alert fatigue, resource constraints, and complex cyber threats by providing 24x7 monitoring, automated remediation, and expert analysis without overwhelming false positives.[2][3][4] With over 10,000 organizations worldwide using its scalable SOC-as-a-Service, Arctic Wolf demonstrates strong growth momentum as the market leader in MDR, incorporating technologies like EDR, SOAR, automation, and agentic AI for end-to-end protection.[1][3][5]
The platform's mission is to end cyber risk through a combination of proprietary technology, human expertise, and risk transfer options like cyber insurance alignment, reducing incident frequency and severity by 90% while offering up to $3M in financial coverage.[5][6][9]
Founded in 2012, Arctic Wolf Networks began by focusing on managed security services for small and mid-market organizations, addressing gaps in on-premises and cloud-based threat monitoring.[3][7] The company emerged from the need to extend internal IT teams with dedicated security experts, quickly gaining recognition as a Gartner Cool Vendor in security for mid-sized enterprises in June 2018.[7] Early traction came from its Concierge Security™ model, blending custom tech stacks with vulnerability assessments and threat hunting, evolving into a full cloud-native platform that now processes trillions of security events weekly.[2][4][8]
Arctic Wolf rides the rising tide of AI-augmented cybersecurity amid escalating cybercrime, ransomware, and cloud complexity, where traditional tools overwhelm teams with alerts.[1][3][4] Its timing aligns with the shift to managed services and XDR architectures, as organizations demand outsourced expertise amid talent shortages—processing trillions of events weekly positions it as a leader for mid-to-large businesses seeking best-of-breed MDR without vendor sprawl.[1][2][8] Market forces like regulatory compliance (e.g., GDPR, NIST) and insurability pressures favor its holistic approach, influencing the ecosystem by setting standards for AI-driven resilience and enabling smaller firms to achieve enterprise-grade security.[6][9]
Arctic Wolf is poised to dominate as AI evolves from triage to full autonomy in security operations, expanding its Alpha AI and Aurora Endpoint capabilities to preempt even zero-day threats across hybrid environments.[1][3][9] Trends like OT/IoT expansion, quantum-resistant encryption needs, and mandatory cyber warranties will accelerate adoption, potentially doubling its 10,000+ customer base amid global cyber insurance mandates. Its influence may grow through deeper integrations (e.g., Microsoft, Splunk) and M&A, solidifying its role in ending cyber risk at scale—reinforcing its mission as the go-to platform for resilient security in an unrelenting threat landscape.[5][6]
Key people at Arctic Wolf.
Arctic Wolf has raised $899.0M across 8 funding rounds. Most recently, it raised $401.0M Other Equity in October 2022.
Arctic Wolf has raised $899.0M in total across 8 funding rounds.
Arctic Wolf's investors include Neuberger Berman, Viking Global Investors, 33N Ventures, Bright Pixel Capital, Owl Rock Capital Partners, Unusual Ventures, Dmitry Dakhnovsky, DTCP, Blue Cloud Ventures, 01 Advisors, AngelPad, Brighter Capital.
