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. Their primary product is a regulatory compliance management system that leverages AI assistants to prevent data leaks. These AI assistants can securely handle tasks such as querying data, generating code, or uploading documents, ensuring comprehensive data security and protecting clients' privacy and trade secrets. The company's mission is to enhance productivity, foster team collaboration, and ultimately improve financial outcomes for its clients.

Next DLP

Acquisition in 2024
Next DLP is a cybersecurity company that specializes in insider threat and data security solutions. It develops software designed to mitigate risks and prevent data loss within organizations. Utilizing machine learning and smart sensors, Next DLP's human-centric software provides visibility into data flows, allowing for the early detection of potential security risks. This proactive approach not only helps clients ensure compliance with regulatory standards but also facilitates workforce education, ultimately reducing the likelihood of data breaches and enhancing overall organizational security.

Sken.ai

Acquisition in 2021
Sken.ai is a developer of continuous application security software tailored for small and medium enterprises (SMEs). The company focuses on integrating application security within the DevOps lifecycle, offering a comprehensive solution that enables users to identify and resolve various application security issues. Sken.ai's software provides an orchestration layer that integrates seamlessly with multiple open-source security scanners, covering all scan types, including Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), and Software Composition Analysis (SCA). By automating these processes within the continuous integration and continuous deployment (CI/CD) cycle, Sken.ai delivers an accessible and cost-effective alternative for SMEs looking to enhance their application security posture. This approach supports the growing demand for DevSecOps, positioning Sken.ai advantageously in a rapidly expanding market.

ShieldX Networks

Acquisition in 2021
ShieldX Networks, Inc. is a cybersecurity company based in San Jose, California, specializing in network and cloud security software. Founded in 2015, the company has developed the ShieldX Elastic Security Platform, which provides comprehensive controls to safeguard data centers, cloud infrastructure, applications, and sensitive data. With a focus on innovation, ShieldX employs emerging technologies and cloud principles to enhance security measures for its clients. The company prides itself on its diverse team, where each member is selected for their unique expertise, contributing to a culture that emphasizes collaboration and excellence. Through its strategic approach and commitment to redefining security, ShieldX aims to deliver a superior technology and customer experience in an increasingly complex digital landscape.

The Linksys Group

Corporate Round in 2021
The Linksys Group specializes in the manufacturing of home networking products, catering to both consumers and small office/home office (SOHO) users. The company offers a diverse range of wired and wireless communication equipment, including broadband and wireless routers, ethernet switches designed for both consumer and small business use, VoIP devices, wireless internet video cameras, audio-visual products, and network storage systems. Linksys is recognized for its commitment to providing reliable and efficient solutions for home and small office networking needs.

Panopta

Acquisition in 2020
Panopta LLC is a software development company based in Chicago, Illinois, that specializes in infrastructure monitoring services. Founded in 2007, Panopta offers a centralized platform designed for managing hybrid IT environments, enabling organizations to monitor their networks, servers, and applications seamlessly. Its advanced monitoring capabilities consolidate public and private checks, alerting, and reporting into a single, user-friendly solution, thereby reducing the complexity and costs associated with managing multiple tools. The platform enhances operational efficiency by automating issue resolution, minimizing alert fatigue through alert escalation and grouping, and eliminating false positives. As of December 2020, Panopta operates as a subsidiary of Fortinet, Inc.

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 develops a collaboration platform designed to improve team communication during IT security incidents. The platform offers tools for crisis management, task handling, and interactive communication, as well as the ability to aggregate, assimilate, normalize, and classify event data from various third-party detection systems. Additionally, it provides an incident response management system that automates SecOps processes and offers full visibility and control over multiple cybersecurity data sources. Founded in 2011, CyberSponse is headquartered in Scottsdale, Arizona.

EnSilo

Acquisition in 2019
EnSilo Inc., founded in 2014 and based in San Francisco, California, specializes in real-time automated data protection solutions. The company develops a comprehensive endpoint security platform designed to protect businesses from cyber threats and data breaches. Its platform combines next-generation antivirus capabilities with post-infection data protection, enabling automated incident response and real-time security for endpoints. EnSilo's solutions effectively prevent the theft or ransom of data, even after an endpoint has been compromised, by orchestrating automatic detection, prevention, and response actions against advanced malware. By minimizing alert fatigue and excessive dwell time, EnSilo aims to enhance data security while reducing incident response costs for organizations worldwide. As of October 2019, EnSilo operates as a subsidiary of Fortinet, Inc.

ZoneFox

Acquisition in 2018
ZoneFox Limited is a security software company based in Edinburgh, United Kingdom, that specializes in protecting business-critical assets, data, and intellectual property across various industries, including finance, healthcare, high-tech, biotech, and legal. Founded in 2008, ZoneFox offers a range of solutions, including insider threat detection, behavior analytics, data monitoring, network monitoring, and compliance reporting. Its platform is designed to provide cloud-based threat analytics, delivering rapid, actionable insights into user behavior and data flow while maintaining user privacy. The company's technology helps organizations effectively address insider threats by minimizing the risks of data theft, leakage, and misuse. ZoneFox operates as a subsidiary of Fortinet, Inc., and is recognized for its innovative approach to real-time security monitoring and breach detection.

Bradford Networks

Acquisition in 2018
Bradford Networks, Inc. is a Boston-based company that specializes in policy-based secure access automation and orchestration solutions. Founded in 1999, it focuses on addressing security challenges faced by enterprises, institutions, and government entities by offering advanced network access control products and services. The company's technology enables agentless assessment of various devices, including Internet of Things (IoT) devices, that connect to enterprise networks. By automating the containment of non-compliant devices in real-time, Bradford Networks enhances overall network security and efficiency. Its solutions aid businesses in reducing network downtime, enforcing enterprise policies, and limiting unauthorized access. Additionally, Bradford Networks integrates its software with existing network infrastructures and leading security tools, ensuring enhanced control over the network and improved protection against threats. The company serves diverse sectors, including healthcare, education, finance, manufacturing, government, retail, and technology. As of June 2018, Bradford Networks operates as a subsidiary of Fortinet, Inc.

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 tailored for large and medium enterprises. The company's flagship product, the MSActivator™ DevOps framework, provides an open platform for integrated automation across various entities, vendors, and both physical and virtual domains. This solution allows businesses to design and automate workflows and processes efficiently, enabling comprehensive service and network integration. By supporting hybrid communication infrastructures, UBiqube empowers organizations to manage any service delivery scenarios with diverse vendor combinations, facilitating streamlined operations and enhanced operational flexibility.

AccelOps

Acquisition in 2016
AccelOps is a provider of an advanced IT operations analytics platform designed for modern data centers, emphasizing security, network performance, and compliance. The platform offers automated discovery, analysis, and resolution of IT issues across various environments, including public, private, and hybrid clouds. By leveraging a machine learning engine, AccelOps delivers real-time alerts for deviations that may indicate security breaches or performance impacts. Its software includes security information and event management (SIEM) capabilities that analyze behavioral profiles and detect anomalies, enabling organizations to quickly identify threats and understand their context within the network. AccelOps' scalable solutions enhance proactive security and operational intelligence, allowing businesses to respond more effectively as they expand their IT operations.

Meru Networks

Acquisition in 2015
Meru Networks specializes in the development and marketing of wireless LAN infrastructure solutions that leverage virtualization to provide robust wireless services for critical business applications, including voice, video, and data. Since its inception in 2003, the company has introduced its innovative virtual cell wireless architecture, distinguishing itself from traditional hub-based WLAN systems. Meru's products aim to deliver high levels of performance, reliability, security, and cost-effectiveness, previously associated only with wired networking environments, thereby enabling enterprises to effectively manage their wireless networking needs.

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 for cloud, mobile, and data center platforms. It operates the Centrify Identity Platform, an enterprise security solution designed to protect against cyber threats and data breaches by securing access points. The company offers Identity-as-a-Service for single sign-on and security across cloud and mobile applications, privileged identity management solutions for least privilege access control, multi-factor authentication services, and a developer program. Its products cater to Fortune 500 companies, financial institutions, retailers, U.S. federal agencies, and other organizations seeking robust identity security for employees, customers, partners, IT admins, and outsourced IT. Founded in 2004, Centrify is headquartered in Santa Clara, California with additional offices in Bellevue, Washington and Murray, Utah.

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 enterprise-class application delivery, load balancing, and acceleration systems. The company manufactures and markets computer networking equipment specifically designed for application traffic management. Its diverse product offerings include the Equalizer, Equalizer OnDemand, Envoy, and VLB products, which provide IT personnel with enhanced control over web and application servers. Coyote Point Systems aims to improve performance and reliability for businesses by streamlining application delivery and ensuring optimal resource utilization. The firm's solutions are tailored to meet the needs of various environments, making it a valuable partner for organizations seeking to enhance their network infrastructure.

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 is a company that specializes in the design and manufacture of telephone systems tailored for small businesses, multi-location enterprises, and franchises. Founded in 1990 as Centrepoint Technologies, Inc., it rebranded to TalkSwitch in 2005. The company offers a range of products, including VoIP telephone systems, analog telephones, licensed add-ons, upgrades, accessories, and VoIP gateways. TalkSwitch markets its offerings through a network of resellers, distributors, and partners primarily in North America, as well as through online platforms. Headquartered in Ottawa, Canada, the company focuses on providing effective communication solutions to meet the needs of its diverse clientele.

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 specializing in database security and compliance solutions, founded in 2002 and based in Sunnyvale, California. The firm develops software that enables enterprises to conduct data auditing and monitoring, ensuring the security and integrity of their databases. Through its innovative approach, IPLocks addresses critical needs in data protection and regulatory compliance, making it a valued partner for organizations seeking to safeguard their sensitive information.

Suridata

Suridata is a developer of a SaaS security platform that helps organizations secure their use of SaaS applications. The platform focuses on identifying risks related to misconfigurations, third-party integrations, and user access. It employs advanced learning capabilities to recognize sensitive and private data across various sectors. Once risks are identified, Suridata's solution offers a remediation process aligned with best practices and security frameworks, enabling organizations to take proactive measures to protect, delete, and manage access to sensitive data. This comprehensive approach ensures that companies can reduce risks associated with multiple critical SaaS applications while maintaining compliance with privacy regulations.
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