The managed cybersecurity demand and response services provider boosted its valuation to $1.3bn in a series E round backed by Deutsche Telekom subsidiary DTCP.
Arctic Wolf, the US-based operator of a cybersecurity concierge service, raised $200m yesterday in a series E round featuring telecommunications firm Deutsche Telekom’s corporate venturing unit, DTCP.
Hedge fund manager Viking Global Investors led the round, which included undisclosed existing backers and which valued the company at $1.3bn.
Arctic Wolf provides organisations with tailored cybersecurity services such as threat detection and response through its Arctic Wolf Platform, functioning as an extension to a client’s internal security team.
The funding was…
