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Arctic Wolf Networks

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Arctic Wolf Networks
TypePrivate
IndustryCybersecurity
Founded2012
FoundersBrian NeSmith
Kim Tremblay
Sam McLane
Matthew Thurston
HeadquartersEden Prairie, Minnesota, United States
Key peopleBrian NeSmith, Co-founder & Executive Chairman
Nick Schneider, President & CEO
Duston Williams, CFO
Dan Larson, CMO
ServicesSecurity analytics, Vulnerability management
Managed Detection and Response
Number of employees
2,000
Websitearcticwolf.com
Footnotes
[1]

Arctic Wolf Networks (commonly called Arctic Wolf) is a privately held American cybersecurity company headquartered in Eden Prairie, Minnesota. The company operates a cloud-native security operations platform which ingests data from endpoints, networks, cloud infrastructure, and identity systems to detect and respond to cybersecurity threats.[2]

As of 2026, Arctic Wolf operates globally in more than 80 countries and provides its platform to over 10,000 organizations.[3]

History

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Arctic Wolf was founded in 2012 by Brian NeSmith, the former CEO of Blue Coat Systems, and Kim Tremblay.[4] The founders envisioned a platform that provides an outsourced security operations center.[5] Initially headquartered in Sunnyvale, California, the company launched its managed detection and response services, initially known as AWN CyberSOC, in 2016.[6] The company purchased RootSecure, a cybersecurity risk assessment firm, in December 2018.[7]

In October 2020, Arctic Wolf raised $200 million in a Series E round led by Viking Global Investors at a $1.3 billion valuation, making it the first cloud-native managed detection and response vendor to surpass $1 billion.[8] Concurrently with this funding round, Arctic Wolf relocated its global headquarters from Silicon Valley to Eden Prairie, Minnesota, citing the Midwest's growing tech talent pool.[9][10]

In July 2021, Arctic Wolf announced a $150 million Series F funding round led by Viking Global Investors and Owl Rock (now Blue Owl Capital), which significantly increased its valuation to $4.3 billion.[11][8] The following month, Brian NeSmith transitioned to the role of Executive Chairman, and Nick Schneider, the company's former President and Chief Revenue Officer, was promoted to Chief Executive Officer.[12] 2021 was also the year of the company's first expansion into Europe, opening a headquarters in Newcastle, England[13] and a security operations center in Frankfurt, Germany.[14]

Arctic Wolf acquired twelve companies between 2012 and 2025.[15] This included expansion into security training with Habitu8 in 2021,[16] automation with Revelstoke in 2023,[17] endpoint security with Cylance in 2024,[18] and AI with Upsight Security in November 2025.[19]

References

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  1. ^ "Arctic Wolf Honored as a 'Best Place to Work' by The Business Journals" (Press release). Arctic Wolf. 2021-08-16. Retrieved 2022-06-29.
  2. ^ "Arctic Wolf raises $150M for its security operations platform that blends software with human experts". Silicon Angle. Retrieved 2 August 2026.
  3. ^ "SOC giant Arctic Wolf makes full-scale entry into the Japanese market with acquisition of Cylance". IT Business Today. Retrieved 2 August 2026.
  4. ^ staff, CNBC com (2022-05-17). "17. Arctic Wolf". CNBC. Retrieved 2026-09-30.
  5. ^ Arghire, Ionut (2018-12-13). "Arctic Wolf Acquires Risk Assessment Firm RootSecure". SecurityWeek. Retrieved 2026-09-30.
  6. ^ Kuranda, Sarah. "Former Blue Coat CEO Launches Security Operations Center-As-A-Service Startup | CRN". www.crn.com. Retrieved 2026-09-30.
  7. ^ Record, Terry Pender Record Reporter, Waterloo Region (2018-12-12). "Waterloo's Arctic Wolf snaps up fellow cybercsecurity company RootSecure in acquisition". The Record. Retrieved 2026-09-30.{{cite web}}: CS1 maint: multiple names: authors list (link)
  8. ^ a b Page, Carly (2021-07-13). "Arctic Wolf secures $150M at Series F, tripling its valuation". TechCrunch. Retrieved 2026-09-30.
  9. ^ "Arctic Wolf's move to Minnesota". NBC Bay Area. Retrieved 2026-09-30.
  10. ^ Dean, Grace. "The CEO of $1.3 billion cybersecurity startup Arctic Wolf moved the company's headquarters from Silicon Valley to Minnesota to capitalize on its affordability, talent pool, and work culture". Business Insider. Retrieved 2026-09-30.
  11. ^ "Why Arctic Wolf is growing so fast, and just landed $150M in new funding". Minneapolis / St. Paul Business Journal. 2021-07-14. Retrieved 2026-09-30.
  12. ^ Hackett, Robert. "Exclusive: $4.3 billion cybersecurity firm names new CEO". Fortune. Retrieved 2026-09-30.
  13. ^ "Company cementing Newcastle as hub for digital innovation". The Northern Echo. 2025-10-31. Retrieved 2026-09-30.
  14. ^ "Arctic Wolf expanding to Europe with U.K. headquarters, German operations center". Minneapolis / St. Paul Business Journal. 2021-06-22. Retrieved 2026-09-30.
  15. ^ Wiggers, Kyle (2024-12-16). "BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018". TechCrunch. Retrieved 2026-09-30.
  16. ^ Page, Carly (2021-09-30). "Arctic Wolf acquires 'Hollywood-style' cybersecurity training startup Habitu8". TechCrunch. Retrieved 2026-09-30.
  17. ^ Wiggers, Kyle (2023-10-10). "Arctic Wolf acquires cybersecurity automation platform Revelstoke". TechCrunch. Retrieved 2026-09-30.
  18. ^ Turcotte, Spencer (2024-12-17). "BlackBerry sells AI cybersecurity business to Arctic Wolf". CTVNews. Retrieved 2026-09-30.
  19. ^ Burt, Jeffrey (2025-11-06). "Arctic Wolf Builds AI-Based Ransomware Protection with UpSight Deal". MSSP Alert. Retrieved 2026-09-30.
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