Forescout

San Jose, United States Founded: 2000 • Age: 26 yrs Acquired By Advent International
Provider of cyber security solutions for asset visibility and threat management
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About Forescout

Forescout is a company based in San Jose (United States) founded in 2000 by Oded Comay and Barry Mainz was acquired by Advent International in February 2020.. Forescout has raised $120.28 million across 8 funding rounds from investors including Accel, ITOCHU and European Union. The company has 136 employees as of April 06, 2024. Forescout has completed 3 acquisitions, including CyberMDX, Cysiv and SecurityMatters. Forescout operates in a competitive market with competitors including Cisco, Wiz, Aviatrix, HashiCorp and Orca Security, among others.

  • Headquarter San Jose, United States
  • Employees 136 as on 06 Apr, 2024
  • Founders Oded Comay, Barry Mainz
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Forescout Technologies India Private Limited
  • Date of Incorporation 09 Mar, 2018
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
    $4.03 M (USD)
    214.04
    as on Mar 31, 2023
  • Net Profit
    $364.12 K (USD)
    -96.36
    as on Mar 31, 2023
  • EBITDA
    $435 K (USD)
    244.3
    as on Mar 31, 2023
  • Total Equity Funding
    $120.28 M (USD)

    in 8 rounds

  • Latest Funding Round
    $88.76 M (USD), Post-IPO

    Jul 01, 2022

  • Investors
    Accel

    & 8 more

  • Employee Count
    136

    as on Apr 06, 2024

  • Investments & Acquisitions
    CyberMDX

    & 2 more

  • Acquired by
    Advent International

    (Feb 06, 2020)

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People of Forescout
Headcount 1000-5000
Employee Profiles 346
Employee Profiles
People
Mai Gregory
Sr Software Engineer
People
Avinash Nadhe
Quality Assurance Engineer
People
Liran Chen
Vice President,sales Engineering And Technical Services- Americas
People
Tim Steele
Principal Product Manager

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Funding Insights of Forescout

Forescout has successfully raised a total of $120.28M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $88.76 million completed in July 2022. 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 8
  • Last Round Post-IPO — $88.8M
  • First Round

    (22 Aug 2001)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Post-IPO - Forescout Valuation

investors

Dec, 2019 Amount Grant - Forescout Valuation

investors

Sep, 2018 Amount Grant - Forescout 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 Forescout

Forescout has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, ITOCHU and European Union. 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
Venture capital investments in tech and healthtech sectors through dedicated funds.
Founded Year Domain Location
Early-stage deep technology investments are made by Amadeus Capital.
Founded Year Domain Location
Private equity investments are directed toward US-based companies.
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 Forescout

Forescout has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CyberMDX, Cysiv and SecurityMatters. 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
Managed security services are provided to organizations.
2018
AI-based cybersecurity solutions for healthcare networks are delivered.
2016
AI & deep protocol based network whitelisting & SCADA security
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 - Forescout

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

Forescout Comparisons

Employees
+
Add Comparison
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Competitors of Forescout

Forescout 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 Cisco, Wiz, Aviatrix, HashiCorp and Orca Security, 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 saas based cloud security solutions
domain founded_year HQ Location
Cloud security posture and application protection are managed across environments.
domain founded_year HQ Location
Hybrid cloud integration software is developed for enterprise connectivity.
domain founded_year HQ Location
Cloud infrastructure is managed through AI-based security solutions.
domain founded_year HQ Location
Platform offering cloud security solutions for businesses
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 Forescout

Frequently Asked Questions about Forescout

When was Forescout founded?

Forescout was founded in 2000 and raised its 1st funding round 1 year after it was founded.

Where is Forescout located?

Forescout is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Who is the current CEO of Forescout?

Barry Mainz is the current CEO of Forescout. They have also founded this company.

Is Forescout a funded company?

Forescout is a funded company, having raised a total of $120.28M across 8 funding rounds to date. The company's 1st funding round was a Grant of $329.68K, raised on Aug 22, 2001.

How many employees does Forescout have?

As of Apr 06, 2024, the latest employee count at Forescout is 136.

What is the annual revenue of Forescout?

Annual revenue of Forescout is $4.03M as on Mar 31, 2023.

What does Forescout do?

Provider of cyber security solutions for asset visibility and threat management. The company delivers a platform for continuous identification, protection, and compliance of managed and unmanaged assets. It offers network security, risk and exposure management, and threat detection and response. The company provides solutions for various use cases, including asset inventory, IoT security, and network access control. It also offers professional services, research, and support.

Who are the top competitors of Forescout?

Forescout's top competitors include Wiz, Aviatrix and AppOmni.

How many acquisitions has Forescout made?

Forescout has made 3 acquisitions, including CyberMDX, Cysiv, and SecurityMatters.

Who are Forescout's investors?

Forescout has 9 investors. Key investors include Accel, ITOCHU, European Union, Wellington, and Pitango.

What is Forescout's valuation?

The valuation of Forescout is $1B as of Dec 2015.

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