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WatchGuard Analysis: $75M Raised

What is WatchGuard?

Comprehensive cybersecurity solutions for all organizations
Employees
1001-5000
Founded
1996
Revenue
$252.1 million
Latest Funding Round Size
$75M (Cisco Systems), $650-700M (Palo Alto Networks)

Product Features & Capabilities

  • Unified Security Platform for comprehensive security management
  • Firewalls with advanced threat detection capabilities
  • Endpoint Detection and Response (EDR) for proactive endpoint security
  • Multi-Factor Authentication (MFA) for enhanced identity security
  • Managed Detection and Response (MDR) for 24/7 threat monitoring.

Use Cases

Protect networks from cyber threats in real-time; Secure remote work environments with advanced security measures; Implement multi-factor authentication for user access; Monitor and respond to security incidents proactively; Simplify compliance reporting for regulatory requirements.

How much WatchGuard raised

Funding Round - $75M (Cisco Systems), $650-700M (Palo Alto Networks)

Recent

Other Considerations

Award-winning cybersecurity solutions recognized for ease of use; Serves a diverse range of industries including healthcare and education; Offers a unified platform that integrates various security services.

Recent Acquisitions

  1. Fortinet
    • - Acquired Next DLP, a data security startup, to bolster its SASE platform (9 months ago). Source
    • Acquired Perception Point, an Israeli collaboration and email security company, reportedly for $100 million (5 months ago). Source
  2. Check Point Software Technologies
    • - Acquired Cyberint, a threat intelligence firm, as part of its strategy to enhance threat intelligence capabilities (8 months ago). Source
    • Acquired Perimeter 81 for $490 million to enhance security tools for hybrid and remote workers (21 months ago). Source

Note: No recent acquisitions were found for Palo Alto Networks in the past year.

Growth Rate

20.09% (2023), 32.2% (2022), 28.8% (2021) for Fortinet; 22.28% (2023), 26.73% (2022), 28.41% (2021) for Palo Alto Networks; 7.66% (2023), 3.13% (2022), 7.34% (2021) for Cisco

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Financial Overview

$252.1 millionEstimated Revenue
$75MTotal Raised
Funding Round$75M (Cisco Systems), $650-700M (Palo Alto Networks)
Recent
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