“Every year, businesses continue to make significant new investments in cybersecurity tools, yet we still see breaches in the headlines. 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.īy pairing the intelligence of a cloud-native platform with the expert insight of security operations experts, Arctic Wolf helps organizations end cyber risk. Using the cloud-native Arctic Wolf Platform, Arctic Wolf provides security operations as a concierge service. 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. The funding round was led by Viking Global Investors, with additional participation from DTCP and existing investors. This latest round of funding makes Arctic Wolf the first and only cloud-native MDR vendor to secure a valuation of over $1 billion. “We are excited to begin the next phase of our Arctic Wolf’s growth from our headquarters in Minnesota and look forward to broadening our role within the community,” said Schneider.Įden Prairie Mayor Ron Case welcomed the Arctic Wolf announcement “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.”Īrctic Wolf funding hits $1 billion “unicorn” mark
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