Blue Coat

Sunnyvale, United States Founded: 1996 • Age: 30 yrs Acquired By Symantec
Enterprise security solution suite
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About Blue Coat

Blue Coat is a company based in Sunnyvale (United States) founded in 1996 by Doug Crow, Joe Pruskowski, and Michael Malcolm was acquired by Symantec in June 2016.. 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 . Blue Coat operates in a competitive market with competitors including Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, among others.

  • Headquarter Sunnyvale, United States
  • Founders Doug Crow, Joe Pruskowski, Michael Malcolm
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blue Coat Network (India) Private Limited
  • Date of Incorporation 22 Dec, 2003
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    $-338.74 (USD)
    -16.67
    as on Mar 31, 2022
  • EBITDA
    $-338.74 (USD)
    3.45
    as on Mar 31, 2022
  • Total Equity Funding
    $55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $42 M (USD), Private Equity Round

    Jun 23, 2006

  • Investors
    Symantec

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Cerberian

    & 8 more

  • Acquired by
    Symantec

    & 2 more

    (Jun 12, 2016)

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People of Blue Coat
Headcount 10000+
Employee Profiles 483
Board Members and Advisors 8
Employee Profiles
People
Junghwan Kim
Country Manager
People
Zaheer Kasad
Sr Product Line Manager
People
Mariangela di Serio
Sales Enablement Lead Commercial EMEA
People
Usama Zaghloul
R&d Manager: FBAR Group

Unlock access to complete

Board Members and Advisors
people
Kian Low
Director
people
Justine F. Page
Director
people
Harry L. You
Director
people
Henry Samueli
Chairman

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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 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
  • Total Rounds 2
  • Last Round Private Equity Round — $42.0M
  • First Round

    (18 Sep 2003)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2006 Amount Private Equity Round - Blue Coat Valuation

investors

Sep, 2003 Amount Series A - Blue Coat Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm focused on technology sector
Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
Private investment firm managing assets and expanding into equity, credit, and real estate services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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 . These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud application security solutions are delivered for enterprises.
2012
Sandboxing-based malware detection, analysis, and protection are delivered.
2012
Cloud security solutions for enterprise data risks are managed.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Blue Coat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blue Coat Comparisons

Employees
+
Add Comparison
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Competitors of Blue Coat

Blue Coat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI and cloud-based platforms are utilized for cybersecurity solutions.
domain founded_year HQ Location
Cloud-based cybersecurity solutions are provided for enterprise protection.
domain founded_year HQ Location
AI and saas based cloud security solutions
domain founded_year HQ Location
Cloud security posture management solutions are provided by the platform.
domain founded_year HQ Location
Hybrid cloud and DevOps automation are delivered to enterprises.
domain founded_year HQ Location
Symantec is recognized for providing enterprise cloud cybersecurity solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blue Coat

Frequently Asked Questions about Blue Coat

When was Blue Coat founded?

Blue Coat was founded in 1996 and raised its 1st funding round 7 years after it was founded.

Where is Blue Coat located?

Blue Coat is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Is Blue Coat a funded company?

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 18, 2003.

What does Blue Coat do?

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.

Who are the top competitors of Blue Coat?

Blue Coat's top competitors include Fortinet, Palo Alto Networks and Imperva.

How many acquisitions has Blue Coat made?

Blue Coat has made 9 acquisitions, including Cerberian, Crossbeam Systems, and Elastica .

Who are Blue Coat's investors?

Blue Coat has 7 investors. Key investors include Symantec, Credit Suisse, Francisco Partners, Thoma Bravo, and Bain Capital Private Equity.

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