What is Deepwatch?
Founded in 2019 and headquartered in Denver, Colorado, Deepwatch distinguishes itself by extending customers' cybersecurity teams through analytics-driven managed security services. The company proactively advances its clients' Security Operations (SecOps) maturity, offering a robust framework for enhanced threat detection and response. Deepwatch's approach integrates advanced analytics with dedicated security expertise, positioning it as a key player in the competitive managed security services market.
How much funding has Deepwatch raised?
Deepwatch has raised a total of $256M across 3 funding rounds:
Series A
$23M
Series B
$53M
Private Equity
$180M
Series A (2019): $23M with participation from ABS Capital Partners
Series B (2020): $53M led by The Goldman Sachs Group, Inc.
Private Equity (2023): $180M supported by Splunk Ventures, Vista Equity Partners, and Springcoast Capital Partners
Key Investors in Deepwatch
Vista Equity Partners
Vista Equity Partners is a leading global investment firm exclusively focused on enterprise software, data, and technology-enabled organizations. They bring a strategic approach to driving sustainable growth and creating enduring market value through their extensive experience in technology-oriented transactions and flexible management techniques.
The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc. is a premier global investment banking, securities, and investment management firm. They provide a wide array of financial services, including strategic advisory, financing, and capital markets access, to corporations and institutional clients worldwide.
ABS Capital Partners
ABS Capital Partners specializes in providing growth equity capital to technology-enabled services companies. They focus on accelerating growth and building scalable business models, particularly for B2B software and tech-enabled services businesses with strong data foundations.
What's next for Deepwatch?
The substantial enterprise-level funding and recent strategic investment signal a strong growth trajectory for Deepwatch. This capital will likely be deployed to enhance its analytics platform, expand its service offerings, and potentially broaden its market reach. The company's focus on proactive SecOps maturity suggests a strategic direction towards providing more comprehensive and predictive security solutions, aiming to solidify its position as a leader in the managed security services industry.
See full Deepwatch company page