Gunderson Dettmer represented client Arctic Wolf, a leader in security operations, in its $150 million Series F financing from Viking Global Investors, Owl Rock, Blue Owl Capital, and other existing investors. The round brings the company’s valuation to $4.3 billion.

In the announcement of the transaction, CEO of Arctic Wolf Brian NeSmith said, “The valuation we received during this funding round is not only a testament to our enormous success in establishing Arctic Wolf as the leader in Security Operations but also speaks to the explosive global demand we are seeing from organizations looking to protect their hybrid work environments, drive secure cloud adoption, and formulate an actionable strategy to end cyber risk. We are thankful to our customers and partners who put their trust in us every day to be their first and last line of defense as we reinvent this market together.”

The Gunderson deal team was led by Dan O’Connor and included Matthew Weber.

Companies:
Arctic Wolf