What is SecureWorks?
Founded in 1999 and headquartered in Atlanta, Georgia, SecureWorks provides comprehensive information security services. The company specializes in safeguarding its clients' computers, networks, and critical information assets against evolving cyber threats. With a long-standing history in the cybersecurity sector, SecureWorks has established itself as a trusted partner for organizations seeking robust protection for their digital infrastructure. Its services are designed to address a wide spectrum of security needs, from threat detection and response to risk management and compliance.
How much funding has SecureWorks raised?
SecureWorks has raised a total of $212.9M across 6 funding rounds:
Series A
$10M
Series B
$20M
Other Financing Round
$17.4M
Series C
$31.5M
Debt
$22M
Stock Offering
$112M
Series A (2000): $10M with participation from Alliance Technology Ventures, ITC Holding Company, and Noro-Moseley Partners
Series B (2000): $20M led by Alliance Technology Ventures, GE Equity, Mellon Ventures, ITC Holdings, Noro-Moseley Partners, and SBK Capital
Other Financing Round (2006): $17.4M supported by Alliance Technology Ventures, Mellon Ventures, GE Capital Equity Investments, and Noro-Moseley Partners
Series C (2009): $31.5M featuring Great Hill Partners
Debt (2015): $22M backed by Denali Holdings
Stock Issuance/Offering (2016): $112M with participation from Undisclosed
Key Investors in SecureWorks
Alliance Technology Ventures
Alliance Technology Ventures (ATV) is a venture capital firm focused on private company investments in the semiconductor, communication component and life science industries. Beyond financial support, an investment from ATV brings knowledgeable guidance and a hands-on commitment to success.
Noro-Moseley Partners
Noro-Moseley Partners specializes in early growth equity investments for rapidly-scaling B2B software and healthcare companies. Since 1983, they have partnered with exceptional CEOs to scale high-growth businesses, offering support and strategic guidance beyond capital.
GE Equity
GE Equity maximizes the return on GE's investment capital by combining deep equity investing experience with GE's industry expertise, operating experience and global reach. They seek to take minority ownership positions in established companies with high growth potential.
What's next for SecureWorks?
The recent strategic investment in SecureWorks signals a strong confidence in the company's future trajectory and its capacity to innovate within the dynamic cybersecurity market. This capital infusion is likely to be directed towards enhancing its threat intelligence capabilities, expanding its global service delivery network, and developing next-generation security solutions. As cyber threats continue to escalate in sophistication and frequency, SecureWorks is well-positioned to leverage this backing to strengthen its competitive advantage and deepen its market penetration, offering advanced protection to an increasingly connected world.
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