Funding round
Arctic Wolf Series B
Arctic Wolf, which works in AI-Driven security operations platform development in Eden Prairie, raised $16M in a Series B round announced on 1 Jan 2018, led by Bright Pixel Capital. 4 firms took part. It is Arctic Wolf's first venture round on record.
$16M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Arctic Wolf did not disclose a valuation in this round. It is Arctic Wolf's first venture round on record, 6 years after it was founded in 2012. It is 3.4% of the $471M Arctic Wolf has raised in the venture rounds on record. Arctic Wolf raised again 9 months later: a Series C round of $45M in Oct 2018. Its next priced round, a Series E in Oct 2020, valued it at $1.30B.
Arctic Wolf's funding rounds
Arctic Wolf has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series B this round 1 Jan 2018, led by Bright Pixel Capital $16M
- Series C 25 Oct 2018, led by Future Fund $45M
- Series D 11 Mar 2020, led by Blue Cloud Ventures and Stereo Capital $60M
- Series E 22 Oct 2020, led by Viking Global $200M$1.30B post-money
- Series F 13 Jul 2021, led by Viking Global and Blue Owl Capital $150M$4.30B post-money
- Debt not a venture round 6 Oct 2022, led by Blue Owl Capital $401M
Investors
Who put money in
Bright Pixel Capital led the round with 3 other firms.
Lead investor
- backs 32 venture-backed companies new investor
Also in the round
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
- Redpoint Ventures backs 194 venture-backed companies new investor
- Knollwood Investment Advisory new investor
Comparable rounds
How it compares
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was close to the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Hive Box Tech Companies | 1 Jan 2018 | $323M | not disclosed | not named |
| Tech Companies | 18 Jan 2018 | $75M | not disclosed | Molten Ventures |
| Tech Companies | 24 Jan 2018 | $66M | not disclosed | Sequoia Capital |
| Tech Companies | 12 Jan 2018 | $43M | not disclosed | Susquehanna Growth Equity |
| Contentsquare Tech Companies | 29 Jan 2018 | $42M | not disclosed | Canaan and Highland Europe |
| Tech Companies | 1 Jan 2018 | $37M | not disclosed | Battery Ventures |
| Tech Companies | 29 Jan 2018 | $28M | not disclosed | Insight Partners |
| Tech Companies | 29 Jan 2018 | $25M | not disclosed | GV |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Arctic Wolf raise in its Series B round?
Arctic Wolf raised $16M in its Series B round, announced in Jan 2018.
Who led Arctic Wolf's Series B round?
Bright Pixel Capital led it, with Lightspeed Venture Partners, Redpoint Ventures and Knollwood Investment Advisory.
What was Arctic Wolf's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was close to the median.
Did Arctic Wolf raise again after this round?
Yes: a Series C round in Oct 2018 of $45M.