Arctic Wolf Secures $16M Round
January 11, 2018
Arctic Wolf Networks has raised $16 million in new funding, led by Sonae Investment Management with participation from Lightspeed Venture Partners, Redpoint Ventures and Knollwood Investment Advisory. The latest infusion enables Arctic Wolf to address the soaring demand for SOC services.
The new funding will fuel growth in all aspects of the business, including sales and marketing, product development and strategic alliances.“Security operations centers are an essential element of modern cybersecurity, and every company needs one,” said Brian NeSmith, CEO and co-founder of Arctic Wolf. “We are transforming how companies look at cybersecurity from a product-centric view to one focused on proactive detection and response. The new funding allows us to invest in key areas of the business and maintain our extraordinary growth trajectory.”Arctic Wolf provides a turnkey SOC-as-a-Service that installs in minutes and provides value from day one.
The AWN CyberSOC service delivers superior threat detection and fewer false positives by leveraging several key innovations:
•Concierge Security Engineer (CSE) acts as the single point of contact for a customer’s security needs. The CSE is a trusted security advisor and an extension of a customer’s internal team.
•Hybrid AI demonstrably identifies more attacks, reduces false positives and accelerates the time between detection and responses. It merges a security engineer’s intelligence and intuition with the efficiency and productivity of artificial intelligence.
•Custom Rule Engine (CRulE) Intentions provide unlimited flexibility to tailor our services to your exact needs. It allows the CSE to configure specific security and operational policies, updating them as needed to align with a customer’s changing business requirements.
•Security Optimized Data Architecture
(SODA)unifies the ingestion, storage, parsing and analysis of network
traffic and log data. It provides the foundation for the security
analytics that give our security engineers deep visibility into your