About Fortinet
Fortinet is a company based in Sunnyvale (United States) founded in 2000 by Abida Nikam. Fortinet has raised $54.2 million across 4 funding rounds from investors including Forval, Redpoint Ventures and Meritech Capital. The company has 14,140 employees as of December 31, 2024. Fortinet has completed 21 acquisitions, including ALAXALA Networks, AccelOps and Bradford Networks. Fortinet operates in a competitive market with competitors including Palo Alto Networks, FireEye, IBM, Symantec and Cisco, among others.
- Headquarter Sunnyvale, United States
- Employees 14140 as on 31 Dec, 2024
- Founders Abida Nikam
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Fortinet, Inc.
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Annual Revenue
$6.8 B (USD)14.17as on Dec 31, 2025
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Net Profit
$1.85 B (USD)6.2as on Dec 31, 2025
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EBITDA
$2.56 B (USD)33.36as on Dec 31, 2025
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Total Equity Funding
$54.2 M (USD)
in 4 rounds
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Latest Funding Round
$15.2 M (USD), Series A
Jun 09, 2020
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Investors
Forval
& 5 more
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Employee Count
14140
as on Dec 31, 2024
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Investments & Acquisitions
ALAXALA Networks
& 20 more
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IPO & Listings of Fortinet
Fortinet is a publicly listed company on the NASDAQ with ticker symbol FTNT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Fortinet
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Software Development Team
253 people
Systems Team
70 people
Leadership Team
51 people
Sales and Marketing
49 people
System Team
45 people
Product Management Team
32 people
Human Resources and Administration
27 people
Senior Team
23 people
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Funding Insights of Fortinet
Fortinet has successfully raised a total of $54.2M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15.2 million completed in June 2020. 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.
Investors in Fortinet
Fortinet has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Forval, Redpoint Ventures and Meritech Capital.
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Redpoint Ventures is engaged in venture capital investments.
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Private equity investments are directed toward US-based companies.
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VC and incubation firm investing in geographies such as the US and China
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Investor details for Fortinet
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Investments & Acquisitions by Fortinet
Fortinet has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include ALAXALA Networks, AccelOps and Bradford Networks.
Investment portfolio details for Fortinet
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud and AI-based application security testing solutions provider
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AI-driven data security solutions are developed for cloud environments.
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Data protection solutions are provided for organizational risk management.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Fortinet
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Financial Statements - Fortinet
Detailed financials for Fortinet
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Fortinet Comparisons
Peer comparison for Fortinet
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Competitors of Fortinet
Fortinet 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, FireEye, IBM, Symantec and Cisco, among others.
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AI and cloud-based platforms are utilized for cybersecurity solutions.
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Provider of a platform offering a suite of cyber security solutions
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Hybrid cloud and DevOps automation are delivered to enterprises.
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Symantec is recognized for providing enterprise cloud cybersecurity solutions.
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AI and saas based cloud security solutions
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Detailed competitors of Fortinet
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Latest news on Fortinet
Complete news archive for Fortinet
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Frequently Asked Questions about Fortinet
Fortinet was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Fortinet is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Fortinet is a funded company, having raised a total of $54.2M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Fortinet is 14,140.
Annual revenue of Fortinet is $6.8B as on Dec 31, 2025.
The company was founded in 2000 and is headquartered in Sunnyvale, United States. Operations focus on the cybersecurity sector, with services encompassing secure networking, user and device protection, security operations, application security, and threat intelligence. Solutions for threat detection, response, and automated operations are delivered through an integrated platform, supporting various cloud and on-premises environments.
Fortinet's top competitors include Palo Alto Networks, Imperva and IBM.
Yes, Fortinet is publicly traded on NASDAQ under the ticker symbol FTNT.
Fortinet has made 21 acquisitions, including ALAXALA Networks, AccelOps, and Bradford Networks.
Fortinet has 6 investors. Key investors include Forval, Redpoint Ventures, Meritech Capital, Acorn Campus, and DEFTA Partners.
The ticker symbol of Fortinet is FTNT on NASDAQ.