Fortinet

Fortinet is a cybersecurity company based in California that specializes in network security appliances and a comprehensive range of security solutions, including cloud security, zero-trust access, and security operations. The company serves a diverse clientele, including enterprises, managed service providers, and telecommunications carriers, and is known for its ability to deliver high levels of security while minimizing total ownership costs. With over 700,000 customers globally, Fortinet primarily generates revenue through its subscription and support services, providing a flexible and scalable path for expansion in the ever-evolving cybersecurity landscape.

Ken Xie

Founder and CEO

27 past transactions

Perception Point

Acquisition in 2024
Perception Point LTD is a cybersecurity technology company based in Tel Aviv, Israel, specializing in advanced threat detection and response. The company offers a cloud-based platform that safeguards organizations from cyber threats by monitoring and preventing attacks across various enterprise collaboration channels, including email, web, and cloud services. Its innovative approach allows direct access to a computer system's CPU, enabling the detection and prevention of threats before they can be exploited. Perception Point serves a diverse range of industries, including finance, healthcare, and education, providing comprehensive solutions to protect sensitive data and networks from phishing and other malicious activities.

Wald.ai

Seed Round in 2024
Wald.ai is a technology company that specializes in developing AI-driven platforms for secure and efficient data management. Its primary product is a regulatory compliance management system that employs AI assistants to facilitate secure data queries, code generation, and document uploads, thereby helping clients safeguard sensitive information and maintain data privacy.

Next DLP

Acquisition in 2024
Next DLP specializes in insider threat and data security solutions, focusing on mitigating risks and preventing data loss for organizations. The company develops cybersecurity software that leverages machine learning and smart sensors to identify potential data security risks before they escalate into incidents. By enhancing data flow visibility and facilitating rapid integrations, Next DLP enables clients to maintain compliance and educate their workforce, thereby reducing overall risk.

Sken.ai

Acquisition in 2021
Sken.ai provides continuous application security software tailored for small and medium enterprises (SMEs) within the DevOps environment. The company focuses on streamlining application security by offering a Software as a Service (SaaS) orchestration layer that integrates various open-source security scanners, including Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), and Software Composition Analysis (SCA). This integration facilitates a seamless scanning process within the continuous integration and continuous deployment (CI/CD) cycle. By automating analysis and triage through artificial intelligence, Sken.ai enables SMEs to efficiently identify and resolve application security issues. The platform's affordability and user-friendly approach allow organizations to adopt robust security measures from the ground up, contributing to the growing DevSecOps market, which is projected to expand significantly in the coming years.

ShieldX Networks

Acquisition in 2021
ShieldX Networks, Inc. specializes in network and cloud security software, providing the ShieldX Elastic Security Platform designed to safeguard data centers, cloud infrastructure, applications, and data. Established in 2015 and headquartered in San Jose, California, the company was founded by a group of experienced investors and entrepreneurs from notable security firms. The firm emphasizes innovation by employing emerging technologies and cloud principles in its operations and product development. Recognizing the importance of its diverse workforce, ShieldX recruits individuals with unique expertise to enhance its technology and customer experience. The company's holistic approach aims to create a cohesive business environment where the collective efforts of the team contribute to greater success in addressing modern security challenges.

The Linksys Group

Corporate Round in 2021
The Linksys Group is a manufacturer of networking products designed for home and small office use. The company specializes in a wide range of wired and wireless equipment, including broadband and wireless routers, Ethernet switches suitable for both consumers and small businesses, and VoIP devices. Additionally, Linksys provides wireless internet video cameras, audio-visual products, and network storage systems. By focusing on the needs of home users and small office environments, Linksys aims to enhance connectivity and communication through its innovative product offerings.

Panopta

Acquisition in 2020
Panopta LLC, founded in 2007 and based in Chicago, Illinois, specializes in developing software for infrastructure monitoring services. As a subsidiary of Fortinet, Inc., Panopta offers a centralized platform that enables organizations to monitor their entire hybrid IT environment, including network, servers, and applications. The platform integrates various functionalities such as public and private monitoring, alerting, and reporting into a single, user-friendly solution. This unified approach addresses the challenges faced by IT teams managing multiple tools, reducing diagnostic delays and operational costs. Panopta's technology automates issue resolution and minimizes alert fatigue through features like alert escalation and grouping, ensuring that IT operations run smoothly and efficiently.

OPĀQ

Acquisition in 2020
OPAQ is a leading cloud-based networking and security company that offers a secure access service edge (SASE) platform designed to protect distributed networks, including data centers, branch offices, remote users, and IoT devices. The platform delivers zero trust security-as-a-service, utilizing infrastructure optimized for both security and high performance. OPAQ enables organizations to implement and enforce uniform zero trust security policies, monitor network and security performance centrally, generate reports, and manage their security infrastructure from a single cloud console. This comprehensive approach ensures that customers maintain secure access to their systems and data as their networks evolve.

CyberSponse

Acquisition in 2019
CyberSponse, Inc. develops a collaboration platform that enhances communication and coordination during IT security incidents. Established in 2011 and based in Scottsdale, Arizona, the company provides a Virtual Appliance Based Security Orchestration and Automation platform designed to automate security operations and incident response. Their platform enables organizations to gain comprehensive visibility and control over various cybersecurity data sources, offering tools for crisis management, task handling, and interactive communication. Additionally, it aggregates and normalizes security-related event data from third-party detection systems, facilitating effective incident response. As of December 2019, CyberSponse operates as a subsidiary of Fortinet, Inc.

EnSilo

Acquisition in 2019
enSilo Inc. is a cybersecurity company based in San Francisco, California, founded in 2014. It specializes in a real-time automated data protection platform designed to safeguard businesses from data breaches and disruptions caused by cyber attacks. The enSilo Endpoint Security Platform secures endpoints comprehensively by providing both pre- and post-infection protection without causing alert fatigue or excessive dwell time. It employs advanced technologies to automate incident response, enabling the detection and prevention of data theft and ransom, even if an endpoint is compromised. By orchestrating automated actions against advanced malware, enSilo helps organizations mitigate risks and reduce incident response costs while ensuring robust data security. As of late 2019, enSilo operates as a subsidiary of Fortinet, Inc.

ZoneFox

Acquisition in 2018
ZoneFox Limited is a security software provider based in Edinburgh, United Kingdom, that specializes in protecting business-critical assets, data, and intellectual property for various industries, including finance, healthcare, high-tech, biotech, and legal. Founded in 2008, the company offers solutions for data monitoring, analytics, and endpoint security, focusing on insider threat detection, behavior analytics, network monitoring, instant alerting, and compliance reporting. Its enterprise security platform delivers cloud-based threat analytics, enabling organizations to gain rapid insights into user behavior and data flow while maintaining user privacy. ZoneFox’s technology helps clients effectively address insider threats, thereby reducing the risks of data theft, leakage, and misuse. The company operates as a subsidiary of Fortinet, Inc., following its acquisition in 2018.

Bradford Networks

Acquisition in 2018
Bradford Networks, Inc. specializes in providing policy-based secure access automation and orchestration solutions designed to address security challenges in various sectors, including healthcare, education, financial services, manufacturing, government, retail, and technology. Founded in 1999 and based in Boston, Massachusetts, the company offers agentless assessments of devices accessing enterprise networks, including Internet of Things (IoT) devices, and automatically contains non-compliant devices in real time. By developing innovative network access control products, Bradford Networks aims to enhance network security, reduce downtime, enforce enterprise policies, and limit unauthorized access, all while leveraging existing network infrastructure. Their solutions integrate seamlessly with endpoint security, firewalls, and threat detection systems, providing businesses with improved control and contextual awareness of security events. Bradford Networks operates as a subsidiary of Fortinet, Inc. as of June 2018.

HyTrust

Series E in 2017
HyTrust is a developer of cloud security software focused on automating compliance and enforcing security policies across both private and public cloud environments. Founded by experts in enterprise infrastructure and security, the company addresses the critical security challenges associated with virtualization and cloud adoption. HyTrust's solutions provide a centralized point of control for managing access, policy management, and security configurations within virtual infrastructures. This includes bridging traffic between corporate and management virtual local area networks of hypervisors, along with monitoring and logging communication for enhanced data protection. By enabling organizations to securely expand virtualization to mission-critical applications, HyTrust plays a vital role in mitigating risks of data breaches and catastrophic data center failures. The company has garnered support from leading investors in the next-generation data center space, ensuring a robust foundation for its innovative security solutions.

UBiqube

Series A in 2017
UBiqube is a developer of network and security orchestration software that aims to streamline service and network integration for large and medium enterprises. The company's MSActivator™ DevOps framework facilitates integrated automation across various entities and vendors, allowing for comprehensive workflow design and process management. By providing an open framework, UBiqube enables businesses to automate services over hybrid communication infrastructures, accommodating diverse service delivery scenarios with any combination of vendors. This flexibility enhances operational efficiency and simplifies the management of complex network environments.

AccelOps

Acquisition in 2016
AccelOps offers an advanced IT operations analytics platform designed to enhance security, network performance, and compliance within modern data centers. The platform automatically discovers and analyzes IT issues across public, private, and hybrid cloud environments, encompassing servers, storage, networks, security, applications, and users. Utilizing an unsupervised machine learning engine, AccelOps generates real-time alerts for deviations that may indicate security or performance issues. The software also provides performance and security monitoring by deriving threat intelligence through real-time behavioral analysis. This comprehensive approach allows organizations to swiftly identify anomalies and their sources, thereby improving responsiveness and operational intelligence as they scale their IT capabilities.

Meru Networks

Acquisition in 2015
Meru Networks specializes in the development and marketing of wireless LAN infrastructure solutions that utilize virtualization to provide reliable and high-quality wireless service essential for business-critical applications, including voice, video, and data. Since its establishment, the company has pioneered its innovative virtual cell wireless architecture, which significantly departs from traditional hub-based WLAN systems. Meru's products are designed to deliver performance, reliability, security, and cost-effectiveness comparable to that of wired networking, making them suitable for enterprises seeking robust wireless solutions.

HyTrust

Series D in 2015
HyTrust is a developer of cloud security software focused on automating compliance and enforcing security policies across both private and public cloud environments. Founded by experts in enterprise infrastructure and security, the company addresses the critical security challenges associated with virtualization and cloud adoption. HyTrust's solutions provide a centralized point of control for managing access, policy management, and security configurations within virtual infrastructures. This includes bridging traffic between corporate and management virtual local area networks of hypervisors, along with monitoring and logging communication for enhanced data protection. By enabling organizations to securely expand virtualization to mission-critical applications, HyTrust plays a vital role in mitigating risks of data breaches and catastrophic data center failures. The company has garnered support from leading investors in the next-generation data center space, ensuring a robust foundation for its innovative security solutions.

Centrify

Series E in 2014
Centrify Corporation specializes in unified identity management software tailored for cloud, mobile, and data center environments. The company operates the Centrify Identity Platform, which focuses on enhancing enterprise security by addressing cyberthreats and data breaches at their source. Its offerings include Identity-as-a-Service for cloud and mobile applications, privileged identity management solutions, multi-factor authentication, and a developer program. Centrify Identity Service enhances productivity and secures access to various applications through single sign-on and user provisioning. Additionally, the Centrify Privilege Service manages and audits access for internal users and third-party vendors, while the Centrify Server Suite consolidates identity and privilege management. The company serves a diverse clientele, including Fortune 500 companies, financial institutions, and federal agencies. Founded in 2004 and based in Santa Clara, California, Centrify merged with Thycotic in 2021 and rebranded as Delinea, Inc. in 2022, further solidifying its position as a leader in both Privileged Identity Management and Identity-as-a-Service.

HyTrust

Series C in 2013
HyTrust is a developer of cloud security software focused on automating compliance and enforcing security policies across both private and public cloud environments. Founded by experts in enterprise infrastructure and security, the company addresses the critical security challenges associated with virtualization and cloud adoption. HyTrust's solutions provide a centralized point of control for managing access, policy management, and security configurations within virtual infrastructures. This includes bridging traffic between corporate and management virtual local area networks of hypervisors, along with monitoring and logging communication for enhanced data protection. By enabling organizations to securely expand virtualization to mission-critical applications, HyTrust plays a vital role in mitigating risks of data breaches and catastrophic data center failures. The company has garnered support from leading investors in the next-generation data center space, ensuring a robust foundation for its innovative security solutions.

Coyote Point Systems

Acquisition in 2013
Coyote Point Systems specializes in providing enterprise-class application delivery and load balancing solutions. The company designs and manufactures networking equipment aimed at effectively managing application traffic. Its product lineup includes offerings such as Equalizer, Equalizer OnDemand, Envoy, and VLB systems, which are designed to enhance the performance and reliability of web and application servers. By focusing on application traffic management, Coyote Point Systems enables IT professionals to exercise greater control over their network infrastructure, ultimately improving operational efficiency and user experience.

3Crowd Technologies

Acquisition in 2012
Provider of management tools for cloud-based services, helping content providers find a profitable balance between creating content and the cost of delivering it.

IntruGuard

Acquisition in 2012
IntruGuard is a supplier of Network Behavior Analysis (NBA) Systems for e-tailers, webhosts, social networking sites, Service Providers and Enterprise Data Centers. These NBA systems provide granular real time network traffic visibility and provide automatic protection against targeted Distributed Denial of Service (DDoS) attacks. These systems are vital in network security infrastructure of any service provider or enterprise data center network to ensure smooth network operation, full legitimate use of bandwidth and improve network utilization.

TalkSwitch

Acquisition in 2011
TalkSwitch specializes in the design and manufacture of telephone systems tailored for small, multi-location, and franchise businesses. The company provides a range of products, including phone systems, analog telephones, licensed add-ons, upgrades, accessories, and VoIP gateways. TalkSwitch markets its offerings through a network of resellers, distributors, and partners in North America, as well as through online channels. Founded in 1990 as Centrepoint Technologies, Inc., the company rebranded to TalkSwitch in 2005 and is headquartered in Ottawa, Canada. Its focus on VoIP technology positions it as a key player in the telecommunications industry for various business needs.

Woven Systems

Acquisition in 2009
Woven Systems is a network infrastructure provider specializing in the design and construction of scalable Ethernet fabric switching solutions tailored for enterprise and Internet data centers. The company is recognized for its innovative approach, particularly through its unique Dynamic Congestion Avoidance technology, which automatically balances network traffic to achieve optimal performance and minimal latency. Woven Systems' products are delivered in energy-efficient chassis, reflecting a commitment to both high performance and sustainability in network solutions.

Secure Element

Acquisition in 2008
Secure Elements, an enterprise vulnerability management leader, automates security remediation strategies.

IPLocks

Acquisition in 2008
IPLocks, Inc. is a company based in Sunnyvale, California, that specializes in database security and compliance solutions. Founded in 2002, IPLocks develops software designed to help enterprises with data auditing and monitoring. The company's offerings are aimed at enhancing the security of databases, ensuring compliance with relevant regulations, and protecting sensitive information from unauthorized access.

Suridata

Suridata is a developer of a SaaS security platform that helps organizations secure their use of SaaS applications. The platform enables companies to identify risks associated with misconfigurations, third-party integrations, and user access to sensitive data. Utilizing advanced learning capabilities, Suridata's solution can recognize various types of sensitive and private data across different sectors. Once risks are identified, the platform offers a remediation process aligned with best practices and security frameworks, allowing organizations to take necessary actions to protect, delete, and manage access to sensitive information while ensuring compliance with privacy regulations. This comprehensive approach helps reduce risks across numerous critical SaaS applications.
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