WatchGuard Analysis: $75M Raised
What is WatchGuard?
Comprehensive cybersecurity solutions for all organizations
Employees
1001-5000
Founded
1996
Revenue
$252.1 million
Customer Base Size
141,499
Customer Satisfaction
4.2, 4.7, 82%
HQ Full Address
1100 2nd Avenue, Suite 500, Seattle, Washington 98101, United States
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.
How much WatchGuard raised
Funding Round - $75M (Cisco Systems), $650-700M (Palo Alto Networks)
RecentOther 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
- Fortinet
- - Acquired **Next DLP**, a data security startup, to bolster its SASE platform (9 months ago). [Source](https://www.crn.com/news/security/2024/fortinet-acquires-data-security-startup-next-dlp)
- Acquired **Perception Point**, an Israeli collaboration and email security company, reportedly for $100 million (5 months ago). [Source](https://www.securityweek.com/fortinet-acquires-perception-point-reportedly-for-100-million/)
- Check Point Software Technologies
- - Acquired **Cyberint**, a threat intelligence firm, as part of its strategy to enhance threat intelligence capabilities (8 months ago). [Source](https://cyberscoop.com/check-point-cyberint-acquisition/)
- Acquired **Perimeter 81** for $490 million to enhance security tools for hybrid and remote workers (21 months ago). [Source](https://techcrunch.com/2023/08/10/check-point-buys-perimeter-81-for-490m-to-enhance-its-security-tools-for-hybrid-and-remote-workers/)
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
