Blue Coat

Sunnyvale, United States Founded: 1996 • Age: 30 yrs Acquired By Symantec
Enterprise security solution suite
Annual revenue - Latest available
Total funding $55.0M 2 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • 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 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

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.

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

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 .

Investments
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

Financial Statements - Blue Coat

Blue Coat Comparisons

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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.

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.

Latest news on Blue Coat

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 18, 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 Fortinet, Palo Alto Networks and Imperva.

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.

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