News

Arctic Wolf raises $60M Series D

March 11, 2020Client News

Gunderson Dettmer client Arctic Wolf, a security operations center as a service, raised $60 million in a Series D financing led by Blue Cloud Ventures and Stereo Capital.

In an announcement of the financing Arctic Wolf’s CEO and Co-Founder Brian NeSmith said, “Arctic Wolf’s approach of providing businesses with dedicated experts who know their security landscape, and a predictable pricing structure they can understand, has resonated with organizations of all sizes who are looking to better secure their data. This new round of funding will allow us to accelerate the growth of our business so that we can provide even more companies with the personal, predictable protection that Arctic Wolf is known for.”

The Gunderson Dettmer team was led by Dan O'Connor and included Matt Weber and Jesse Birbach.