What is SecureWorks?
Founded in 1999 and headquartered in Atlanta, Georgia, SecureWorks provides comprehensive information security services. The company specializes in safeguarding complex network infrastructures, computer systems, and sensitive information assets against evolving digital threats. By maintaining a focus on managed detection and response, SecureWorks has positioned itself as a vital partner for organizations seeking to fortify their security posture in an increasingly volatile digital environment. Its market position is defined by a long-standing commitment to proactive threat intelligence and high-availability security monitoring.
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 ITC Holding Company, Noro-Moseley Partners, and Alliance Technology Ventures
Series B (2000): $20M led by Noro-Moseley Partners, Mellon Ventures, SBK Capital, Alliance Technology Ventures, ITC Holdings, and GE Equity
Other Financing Round (2006): $17.4M supported by Noro-Moseley Partners, Alliance Technology Ventures, Mellon Ventures, and GE Capital Equity Investments
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
Noro-Moseley Partners
Noro-Moseley Partners specializes in early growth equity investments for rapidly-scaling B2B technology and healthcare companies, focusing on sustainable economic models and high-growth businesses.
Alliance Technology Ventures
Alliance Technology Ventures is a venture capital firm focused on private company investments in the semiconductor, communication component, and life science industries, providing both capital and operational guidance.
GE Capital Equity Investments
GE Equity maximizes investment returns by combining deep equity experience with industry expertise, targeting minority ownership positions in established companies with high growth potential.
What's next for SecureWorks?
Looking ahead, the strategic deployment of $112M suggests a continued emphasis on scaling core security operations and enhancing technological capabilities. As the firm transitions through its current lifecycle stage, the focus remains on maintaining competitive advantages in the managed security services sector. By leveraging historical backing from institutional partners, SecureWorks is well-positioned to address the growing demand for sophisticated cybersecurity solutions, ensuring that its infrastructure remains resilient against sophisticated, enterprise-grade cyber threats.
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