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Founded Year

2012

Stage

Convertible Note | Alive

Total Raised

$899.25M

Last Raised

$401M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+1 points in the past 30 days

About Arctic Wolf Networks

Arctic Wolf Networks focuses on cybersecurity. The company offers a range of services including detection and response to advanced threats, risk management, cloud security posture management, and incident response. These services aim to protect against digital risks, harden environments against vulnerabilities, and enable quick recovery from cyber attacks. It was founded in 2012 and is based in Eden Prairie, Minnesota.

Headquarters Location

8939 Columbine Road Suite 150

Eden Prairie, Minnesota, 55347,

United States

888-272-8429

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ESPs containing Arctic Wolf Networks

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cybersecurity

The managed detection and response (MDR) market is an service-oriented approach to cybersecurity that focuses on proactively detecting and responding to advanced cyber threats and attacks. MDR providers offer continuous monitoring, analysis, and threat hunting capabilities, using a combination of technology, expertise, and threat intelligence. This service is designed to complement an organization…

Arctic Wolf Networks named as Outperformer among 15 other companies, including Cisco, Tata Consultancy Services, and CrowdStrike.

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Research containing Arctic Wolf Networks

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Arctic Wolf Networks in 3 CB Insights research briefs, most recently on Jul 28, 2023.

Expert Collections containing Arctic Wolf Networks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Arctic Wolf Networks is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

C

Conference Exhibitors

5,302 items

C

Cybersecurity

10,362 items

These companies protect organizations from digital threats.

T

Tech IPO Pipeline

257 items

The tech companies we think could hit the public markets next, according to CB Insights data.

D

Defense Tech

1,270 items

Defense tech is a broad field that encompasses everything from weapons systems and equipment to geospatial intelligence and robotics. Company categorization is not mutually exclusive.

Arctic Wolf Networks Patents

Arctic Wolf Networks has filed 5 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/13/2023

7/23/2024

Grant

Application Date

6/13/2023

Grant Date

7/23/2024

Title

Related Topics

Status

Grant

Latest Arctic Wolf Networks News

SonicWall firewalls the common access point in spreading ransomware campaign

Oct 25, 2024

Arctic Wolf Labs researchers said SonicWall firewalls were the initial access point for at least 30 ransomware attacks since August. Published Oct. 25, 2024 Dive Brief: Ransomware attacks hit at least 30 organizations using SonicWall firewalls running firmware affected by a critical vulnerability the vendor disclosed and patched two months ago, security researchers at Arctic Wolf Labs said Thursday. SonicWall disclosed and patched the improper access control vulnerability, CVE-2024-40766 , which has a CVSS score of 9.3, on Aug. 22. Arctic Wolf Labs said it began observing Akira and Fog ransomware variant intrusions involving the affected SSL VPN feature of SonicWall firewalls in early August. “We have observed a significant increase in activity consistent with attempted intrusions since August, with spikes in activity typically occurring during non-business hours,” Bret Fitzgerald, senior director of global public relations at SonicWall, said Thursday via email. Dive Insight: The potential for additional victim organizations is extensive. The latent risk extends to SonicWall customers who haven’t patched the critical vulnerability in SonicOS, the software powering the security vendor’s firewalls. “The vulnerability described in the CVE impacts more than 300,000 appliances under support, so there are potentially thousands of organizations impacted,” Fitzgerald said. About half of customers using newer SonicWall Gen 7 devices have upgraded their firmware, and around 30% of units running Gen 6.5 and older have patched the vulnerability with a software update, Fitzgerald said. Threat groups linked to these attacks are targeting a broad swath of industries and organizations of various sizes, Kerri Shafer-Page, VP of digital forensics incident response at Arctic Wolf, said Thursday via email. SonicWall added it isn’t aware of any patterns suggesting specific types of organizations or industries are being targeted. Attackers encrypted and stole data as part of their attacks. In one case, up to 30 months of sensitive information from human resources and accounts payable departments was stolen, according to Arctic Wolf. During encryption, attackers focused on storage of virtual machines and their backups. Time between initial access to ransomware or encryption ranged from 90 minutes to 10 hours, according to Arctic Wolf. Akira ransomware was deployed in 3 in 4 attacks observed by Arctic Wolf, and Fog ransomware was deployed in the remainder. SonicWall said it does not disclose details shared by customers or information about ransomware attacks against its customers. “SonicWall is not otherwise aware of operational disruptions, data leaks, extortion demands or payments linked to the attempted intrusion activity observed,” Fitzgerald said. Arctic Wolf Labs said it hasn’t observed definitive evidence linking the intrusions to CVE-2024-40766 exploits, but initial access to victim environments involved the use of SonicWall secure sockets layer VPN accounts. All SonicWall devices involved in these attacks were running firmware versions affected by the vulnerability, Arctic Wolf Labs researchers said. Security researchers first warned about ransomware groups compromising SSL VPN accounts on SonicWall devices for initial access in ransomware attacks in early September. Since disclosing the vulnerability in August, SonicWall said it initiated a call campaign and sent multiple security bulletins to partners and customers. The company also said it shared information with incident response firms, government agencies and law enforcement.

Arctic Wolf Networks Frequently Asked Questions (FAQ)

  • When was Arctic Wolf Networks founded?

    Arctic Wolf Networks was founded in 2012.

  • Where is Arctic Wolf Networks's headquarters?

    Arctic Wolf Networks's headquarters is located at 8939 Columbine Road, Eden Prairie.

  • What is Arctic Wolf Networks's latest funding round?

    Arctic Wolf Networks's latest funding round is Convertible Note.

  • How much did Arctic Wolf Networks raise?

    Arctic Wolf Networks raised a total of $899.25M.

  • Who are the investors of Arctic Wolf Networks?

    Investors of Arctic Wolf Networks include Viking Global Investors, Owl Rock Capital Partners, Ontario Teachers', Neuberger Berman, DTCP and 14 more.

  • Who are Arctic Wolf Networks's competitors?

    Competitors of Arctic Wolf Networks include UnderDefense, DefenseStorm, BlueVoyant, Trava, Adlumin and 7 more.

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