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ProtectWise is a technology company.
ProtectWise offers an enterprise network security platform anchored by its Cloud Network DVR, designed to record all network traffic. This cloud-based system provides pervasive visibility, deep analytics, and immersive visualization. It empowers organizations to detect and respond to threats efficiently through continuous monitoring and a comprehensive historical record of network events, streamlining threat detection and accelerating incident response.
Established in April 2013 by security and SaaS veterans Scott Chasin and Gene Stevens, ProtectWise emerged from a critical need for enhanced network defense. Chasin, as CEO, and Stevens, as CTO, leveraged their extensive experience from companies like McAfee, Palo Alto Networks, and Symantec. Their core insight focused on the necessity of a persistent, comprehensive network activity record to effectively combat advanced cyber threats.
The company targets enterprises seeking advanced network detection and response capabilities for complex environments. ProtectWise’s vision is to redefine network security by delivering a platform that offers complete historical and real-time threat insight. This empowers security teams to identify, understand, and neutralize malicious activity with improved precision and operational efficiency.
ProtectWise has raised $76.0M across 4 funding rounds.
ProtectWise has raised $76.0M in total across 4 funding rounds.
ProtectWise has raised $76.0M in total across 4 funding rounds.
ProtectWise's investors include CP Ventures, Hack VC, Ignition Partners, Marathon Venture Capital, SNR, Tola Capital, UP.Partners, Noam Bardin, Arsenal Venture Partners, Jay Leek, Top Tier Capital Partners, Clearvision Ventures.
ProtectWise is a cybersecurity company that builds the ProtectWise Grid, a cloud-delivered network detection and response (NDR) platform.[1][2] It serves enterprises, cloud, and industrial environments by deploying sensors that capture, compress, and stream full-fidelity network data to the cloud for real-time threat detection, retrospective analysis, and integrated response, solving the problem of limited visibility and slow forensics in traditional security tools.[1][2] The platform offers unlimited packet retention, advanced analytics, immersive visualization via the Immersive Grid, and seamless integrations with SIEMs, firewalls, and other tools, enabling rapid threat hunting and remediation on an on-demand model that reduces costs over point solutions.[1][3]
Founded in 2013 and headquartered in Denver, ProtectWise raised $77.11M from investors like Verizon, Tola Capital, and Trinity Ventures before being acquired, reflecting strong growth momentum in the cybersecurity sector.[2]
ProtectWise was founded in 2013 in Denver, Colorado, emerging as a response to gaps in traditional network security that lacked comprehensive visibility and long-term forensics.[2][5] The founders leveraged cloud technology to create the Cloud Network DVR concept—a virtual recorder capturing everything on the network for real-time and retrospective threat detection—disrupting the industry with pervasive monitoring and analytics.[2][3] Early traction came from its novel utility model for enterprise security, including sensor-based data streaming and automated retrospection, which attracted global customers in EMEA, APAC, and Japan through channel partners.[1][2] Key milestones include filing patents like "Network traffic filtering and routing for threat analysis" (granted 2017) and launching the Immersive Grid for visual threat prioritization.[1][2]
ProtectWise stands out in NDR through these key strengths:
ProtectWise rides the NDR market wave, fueled by escalating cyber threats demanding defense-in-depth beyond endpoints and firewalls, with trends like cloud migration and industrial IoT expanding attack surfaces.[1][2] Its timing aligned with cloud-native security shifts post-2013, capitalizing on scalable storage to address visibility blind spots in hybrid environments amid rising ransomware and supply-chain attacks.[1] Market forces favoring it include demand for retrospective forensics (e.g., spotting threats "in the past") and API-driven ecosystems, positioning it to influence cybersecurity by promoting unified platforms over siloed tools.[2] As part of larger players post-acquisition (e.g., by Verizon), it amplifies enterprise adoption of cloud NDR, contributing to sector consolidation and innovation in threat intelligence sharing.[2]
Post-acquisition, ProtectWise's technology likely integrates into broader telecom-security stacks, enhancing global NDR capabilities amid AI-driven threats and zero-trust mandates.[2] Trends like automated response orchestration and edge computing will shape its evolution, potentially expanding into AI-enhanced retrospection for faster MTTR (mean time to respond).[1] Its influence may grow by setting standards for cloud forensics, tying back to its core mission of turning networks into searchable security utilities—poised for dominance as breaches demand perpetual vigilance.[1][2]
ProtectWise has raised $76.0M across 4 funding rounds. Most recently, it raised $25.0M Series B in January 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2017 | $25.0M Series B | CP Ventures, Hack VC, Ignition Partners, Marathon Venture Capital, SNR, Tola Capital, UP.Partners, Noam Bardin, Arsenal Venture Partners, Jay Leek, Top Tier Capital Partners | |
| Nov 1, 2015 | $20.0M Series B | Tola Capital | Clearvision Ventures, Crosslink Capital, Forgepoint Capital, Ignition Partners, Monta Vista Capital, Paladin Capital Group, Relay Ventures, Sapphire Ventures, Scale Venture Partners, SNR, Streamlined Ventures, Touchdown Ventures, Anshu Sharma, Arsenal Venture Partners, Larry Orr |
| Mar 24, 2015 | $17.0M Other Equity | Arsenal Venture Partners, Crosslink Capital, Paladin Capital Group, Trinity Ventures | |
| Jun 1, 2014 | $14.0M Series A | Crosslink Capital, Forgepoint Capital, Paladin Capital Group, Touchdown Ventures |