RTCanary Analysis: $6M Raised
What is RTCanary?
Red Canary provides managed detection and response (MDR) services, enabling organizations to identify and mitigate threats through continuous monitoring by security experts.
Employees
400
Revenue
$100M
Business Model
Subscription-based services with annual recurring revenue and partner revenue-sharing models.
Investors
- Summit Partners
- Noro-Moseley Partners
- Other undisclosed investors
Product Features & Capabilities
- Managed Detection and Response, Threat Intelligence, Automation, Training & Tabletops, Security Data Lake, 24/7 monitoring, customizable playbooks, threat research, incident prioritization, cloud detection and response, identity threat detection.
Pricing
- Core: 24x7 Detection & Response
- Single domain MDR
- 99% threat accuracy
- Automated response playbooks
- Executive dashboards
- Emergency hotline access
- Complete (Most popular): Identity, Endpoint & Cloud Protection
- Everything in Core plus:
- Complete, multi-domain MDR
How much RTCanary raised
Funding Round - $6 million
August 2, 2016Lead Investor: Not specified in the source.
Market Focus
Red Canary primarily focuses on the cybersecurity industry, specifically providing managed detection and response (MDR) services to help organizations identify and mitigate threats through continuous monitoring.
Competitors Overview
Red Canary operates in the managed detection and response (MDR) market, facing competition from several notable companies. The main competitors include:
- Arctic Wolf: Known for its comprehensive security operations center (SOC) services, Arctic Wolf offers tailored MDR solutions with a focus
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