Arctic Wolf Networks, a Sunnyvale, CA-based security operations center (SOC)-as-a-service company, raised $16m in new funding.
The round was led by Sonae Investment Management with participation from Lightspeed Venture Partners, Redpoint Ventures and Knollwood Investment Advisory.
The company intends to use the funds to accelerate growth in all aspects of the business, including sales and marketing, product development and strategic alliances.
Led by Brian NeSmith, CEO and co-founder, Arctic Wolf provides a SOC-as-a-Service that features:
– Concierge Security Engineer (CSE), a security advisor and an extension of a customer’s internal team.
– Hybrid AI which identifies attacks, reduces false positives and accelerates the time between detection and responses.
– Custom Rule Engine (CRulE) Intentions, which provide flexibility to tailor services to client’s exact needs. It allows the CSE to configure specific security and operational policies, updating them as needed to align with a customer’s changing business requirements.
– Security Optimized Data Architecture (SODA), which unifies the ingestion, storage, parsing and analysis of network traffic and log data.