About Blue Coat
Blue Coat is a Technology company based in Sunnyvale (United States) founded in 1996 by Doug Crow, Joe Pruskowski, and Michael Malcolm, and was acquired by Symantec in June 2016. Enterprise security solution suite. Blue Coat has raised $55 million across 2 funding rounds from investors including Symantec, Credit Suisse and Francisco Partners. Blue Coat has completed 9 acquisitions, including Cerberian, Crossbeam Systems and Elastica. Its website bluecoat.com draws about 56 thousand monthly visits. Its focus areas include Enterprise Infrastructure, Cybersecurity and Suite. Its legal entity in India is Blue Coat Network (India) Private Limited (U72200PN2003PTC201075). Its competitors include Palo Alto Networks, Imperva and Cisco; 3 of its 3 listed competitors have raised funding.
Company details
Blue Coat provides on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches in an enterprise. The product portfolio comprises of Web Cloud Security, CASB, Advanced Threat Protection, malware content analysis, email security, WAF, SSL, security analytics, incident response network forensics and DLP. Thoma Bravo acquired Blue Coat Systems for 1.3B in 2011, resulting it to delist from NASDAQ. In 2015, Thoma Bravo sold it to Bain Capital for 2.4B.
- Headquarters Sunnyvale, United States
- Founders Doug Crow, Joe Pruskowski, Michael Malcolm
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Security
- Website bluecoat.com
- Social LinkedIn X Facebook
- Acquired by Symantec (Jun 2016)
- Legal Name Blue Coat Network (India) Private Limited
- Date of Incorporation 22 Dec, 2003
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Blue Coat
Blue Coat operates through Blue Coat Network (India) Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Blue Coat Network (India) Private Limited CIN U72200PN2003PTC201075 | Amalgamated | 22 Dec 2003 | Pune, Maharashtra | 103 | 2 | View details |
Funding Insights of Blue Coat
Blue Coat has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $42 million completed in June 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $55M
- Total Rounds 2
- Last Round Private Equity Round — $42M
- First Round $13M
(Sep 2003)
- Investors Count 3
All 2 funding rounds of Blue Coat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2006 | $42M | Private Equity Round | – | – | |
| Sep 2003 | $13M | Series A | – | – |
7 investors in total: 7 institutional.
Investors in Blue Coat
Blue Coat has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Symantec, Credit Suisse and Francisco Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm focused on technology sector | 1999 | franciscopartners.com | San Francisco, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Private investment firm managing assets and expanding into equity, credit, and real estate services. | 1984 | baincapitalprivateequity.com | London, United Kingdom | |
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada | |
Symantec is recognized for providing enterprise cloud cybersecurity solutions. | 1982 | symantec.com | Mountain View, United States |
Investor details for Blue Coat
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Blue Coat Network (India) Private Limited (Blue Coat)
Blue Coat Network (India) Private Limited is the primary company behind Blue Coat. The board of Blue Coat Network (India) Private Limited currently have 2 directors; the longest-serving is Madhura Narendra Deo, appointed in 2020. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhura Narendra Deo DIN 08674192 | Director | 27 Feb 2020 | 6 yrs 7 mo | Blue Coat Network (India) Private Limited |
| Amit Gupta DIN 09788454 | Additional Director | 12 Feb 2024 | 2 yrs 8 mo | Blue Coat Network (India) Private Limited |
People of Blue Coat
493 people are tracked at Blue Coat (215 in leadership, 8 in board & advisors, 270 in team).
| Name | Role | Group |
|---|---|---|
Doug Crow | Co-Founder | Leadership |
Joe Pruskowski | Co-Founder | Leadership |
Michael Malcolm | Co-Founder | Leadership |
Christopher Olson | Global Account Director | Leadership |
Joe Sanchez | Account Director | Leadership |
Stephen P. | Senior Technical Director | Leadership |
Marcie Horton | Senior Account Director | Leadership |
Mohammad Hanif | Senior Director Of Engineering | Leadership |
Frank Ostojic | SVP & General Manager | Leadership |
Tim Lees | A/nz Regional Sales Director | Leadership |
Doyle Reece | Head Of API Strategy / API Security / API Integrations | Leadership |
Robert Desilva | Global Account Director | Leadership |
Kendall Steffens | Account Director | Leadership |
Phillip Brown | Account Director | Leadership |
Jacob Rael | Director | Leadership |
Srinivas Adusumalli | Director, Design Implementation | Leadership |
Joshua Lambert | Head Of Advisory (asia Pacific) - Cloud Transformation Office | Leadership |
Andrew Adkins | Account Director | Leadership |
Fred Taylor | Director Product Marketing | Leadership |
Josef Lo | Product Line Director | Leadership |
473 more people are available in the full profile.
Complete people profiles for Blue Coat
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Financials of Blue Coat
Figures of Blue Coat Network (India) Private Limited, the primary company behind Blue Coat, for FY 2022. Net loss was -₹28,000 (0% margin). EBITDA was -₹28,000 (0% margin). Revenue has grown at a compounded annual rate of -100% over five years.
- -₹28,000Net loss · 0% margin
- -₹28,000EBITDA · 0% margin
- ₹12.4 LakhPaid-up capital
- 103Employees (provident fund records)
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Blue Coat Network (India) Private Limited are on its company page.
Detailed financial statements for Blue Coat
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Investments & Acquisitions by Blue Coat
Blue Coat has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Cerberian, Crossbeam Systems and Elastica .
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Network security applications are virtualized through a dedicated platform. | crossbeamsystems.com | Boxborough, United States | 1999 | Feb 2017 | •••• | |
Cloud application security solutions are delivered for enterprises. | elastica.net | San Jose, United States | 2012 | Nov 2015 | $280M | |
Cloud security solutions for enterprise data risks are managed. | perspecsys.com | Mclean, United States | 2009 | Jul 2015 | •••• | |
Sandboxing-based malware detection, analysis, and protection are delivered. | normanshark.com | San Diego, United States | 2012 | Dec 2013 | •••• | |
Security Intelligence and Analytics | soleranetworks.com | South Jordan, United States | 2005 | May 2013 | •••• | |
Provider of software development services | s7software.com | Bengaluru, India | 2003 | Feb 2010 | $8.4M | |
WAN Application Development/Optimization | packeteer.com | Cupertino, United States | 1996 | Apr 2008 | $268M | |
SSL VPN access for remote applications from endpoints is enabled. | permeo.com | Austin, United States | 2001 | Jan 2006 | •••• | |
Internet filtering solutions are provided to homes, schools, and enterprises. | cerberian.com | Draper, United States | 2000 | Jul 2004 | $17.5M |
Complete acquisition details for Blue Coat
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Timeline of Blue Coat
15 dated milestones of Blue Coat across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Blue Coat is founded.
- Funding First funding round of $13.0M.
- Acquisition Acquires Cerberian.
- Acquisition Acquires Permeo.
- Funding Latest funding round, Private Equity Round, of $42.0M.
- Acquisition Acquires Packeteer.
- Acquisition Acquires S7 Software Solutions.
- Exit Acquired by Thoma Bravo.
- Acquisition Acquires Solera Networks.
- Acquisition Acquires Norman Shark.
- Exit Acquired by Bain Capital Private Equity.
- Acquisition Acquires Perspecsys.
- Acquisition Acquires Elastica .
- Exit Acquired by Symantec.
- Acquisition Acquires Crossbeam Systems.
Competitors of Blue Coat
Blue Coat has 3 listed competitors in our database, 3 of them funded. They include Palo Alto Networks, Imperva and Cisco.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paloaltonetworks.com | 2005 | Santa Clara, United States | $65.69M | 1,391 | AI and cloud-based platforms are utilized for cybersecurity solutions. | |
| imperva.com | 2002 | Redwood, United States | $54M | 528 | Cloud-based cybersecurity solutions are provided for enterprise protection. | |
| cisco.com | 1984 | San Jose, United States | $2.5M | 708 | AI and saas based cloud security solutions |
Detailed competitors of Blue Coat
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Web traffic of Blue Coat
The website of Blue Coat (bluecoat.com) receives about 55.7K visits a month and ranks #679,454 among all websites worldwide, #1,830 in Computer Security.
- Monthly visits55.7K
▲ 17.7% vs previous month
- Unique visitors16.1K
per month
- Global rank#679,454
among all websites
- Category rank#1,830
Computers Electronics and Technology · Computer Security
- Bounce rate54%
- Pages per visit2.1
- Average visit37 sec
- DevicesDesktop 64% · Mobile 36%
Websites whose visitors overlap most with Blue Coat. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| checkpoint.com | 100% | 2M | #25,846 | View details | |
| fortinet.com | 100% | 4.9M | #10,057 | View details | |
barracudanetworks.com | barracudanetworks.com | 99% | #29,691 | – | |
| aladdin.com | 97% | View details | |||
| a10networks.com | 96% | 178.4K | #296,137 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Blue Coat
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Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Blue Coat (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Related news about Blue Coat
Complete news archive for Blue Coat
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Frequently Asked Questions about Blue Coat
Blue Coat was founded in 1996 and raised its 1st funding round 7 years after it was founded.
Blue Coat is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Blue Coat is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Sep 2003.
Blue Coat provides on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches in an enterprise. The product portfolio comprises of Web Cloud Security, CASB, Advanced Threat Protection, malware content analysis, email security, WAF, SSL, security analytics, incident response network forensics and DLP. Thoma Bravo acquired Blue Coat Systems for 1.3B in 2011, resulting it to delist from NASDAQ. In 2015, Thoma Bravo sold it to Bain Capital for 2.4B.
Blue Coat's top competitors include Palo Alto Networks, Imperva and Cisco.
Blue Coat has made 9 acquisitions, including Cerberian, Crossbeam Systems, and Elastica.
Blue Coat has 7 investors. Key investors include Symantec, Credit Suisse, Francisco Partners, Thoma Bravo, and Bain Capital Private Equity.
Blue Coat operates through Blue Coat Network (India) Private Limited.
Yes. Blue Coat was acquired by Symantec in June 2016.
The legal entities of Blue Coat currently have 2 directors, including Madhura Narendra Deo, Amit Gupta.