Fortune MNC 500 India 2026 edition
Rank#436- Total income
- ₹465 Cr
- Profit
- ₹47 Cr
Last year #427
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About Fortinet
Fortinet is a publicly listed company based in Sunnyvale (United States) founded in 2000 by Abida Nikam. Cloud security posture management solutions are provided by the platform. 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. Fortinet has completed 21 acquisitions, including ALAXALA Networks, AccelOps and Bradford Networks. Its website fortinet.com draws about 4.9 million monthly visits. Its Indian entity Fortinet Technologies India Private Limited reported revenue of ₹637 Cr. Its focus areas include Enterprise Infrastructure, Cybersecurity, Suite and Enterprise Applications. Its competitors include Palo Alto Networks, FireEye and IBM; 2 of its 3 listed competitors have raised funding.
Company details
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 is ranked #436 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Fortinet
Operational Areas
Key Metrics
- Indian entity revenue₹637 Cr
FY 2026 · +37% YoY
- Indian entity net profit₹134 Cr
FY 2026 · 21% margin
- Indian entity EBITDA₹200 Cr
FY 2026 · 31% margin
- Total Equity Funding$54.2M (USD)
in 4 rounds
- Latest Funding Round$15.2M (USD), Series A
Jun 2020
- InvestorsForval
& 5 more
- Employee Count14,140
- Investments & AcquisitionsALAXALA Networks
& 20 more
Associated legal entities of Fortinet
Fortinet operates through Fortinet Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fortinet Technologies India Private Limited CIN U51909KA2008PTC046691 | Active | 06 Jun 2008 | Bangalore, Karnataka | ₹637 Cr | 743 | 3 | View details |
Apps and channels of Fortinet
Fortinet publishes 1 mobile app with over 1M+ downloads; its YouTube channel Fortinet has 92.8K subscribers and 30 videos.
Fortinet
Open channelVideos from Fortinet
The most watched videos on Fortinet's YouTube channel, Fortinet (92.8K subscribers). Click a video to play it here.
Join Us for Fortinet’s 4th Annual Unified SASE Summit | Events & Webinars
Don't Miss Fortinet’s 4th Annual Unified SASE Summit | Events & Webinars
Register Today for Fortinet’s 4th Annual Unified SASE Summit | Events & Webinars
Introduction to FortiIdentity Cloud and Features | Products
More on Fortinet.
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.
- Total Funding $54.2M
- Total Rounds 4
- Last Round Series A — $15.2M
- First Round $9M
(May 2002)
- Investors Count 6
All 4 funding rounds of Fortinet 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 2020 | $15.2M | Series A | – | – | |
| Mar 2004 | $50M | Debt – Venture | – | – | |
| Aug 2003 | $30M | Series D | – | – | |
| May 2002 | $9M | Series A | – | – |
Valuation history
6 investors in total: 6 institutional.
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.
All
Venture Fund
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
VC and incubation firm investing in geographies such as the US and China | acorncampus.com | Santa Clara, United States | ||
Technology and healthcare companies are funded by DEFTA Partners. | deftapartners.com | San Francisco, United States | ||
Investments are directed toward early-stage cybersecurity startups. | forgepointcap.com | San Mateo, United States | ||
Information telecommunications and management consulting services are provided. | 1980 | forval.co.jp | Shibuya, Japan |
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Investor details for Fortinet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Fortinet Technologies India Private Limited (Fortinet)
Fortinet Technologies India Private Limited is the primary company behind Fortinet. The board of Fortinet Technologies India Private Limited currently have 3 directors; the longest-serving is Naga Kishore Reddy Tarimala, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naga Kishore Reddy Tarimala DIN 02768018 | Managing Director | 21 Aug 2018 | 8 yrs 2 mo | Fortinet Technologies India Private Limited |
| Lindsey Marie Cayanan DIN 08444046 | Director | 13 May 2019 | 7 yrs 5 mo | Fortinet Technologies India Private Limited |
| Declan Michael Fitzpatrick DIN 09260698 | Director | 24 Sep 2021 | 5 yrs 1 mo | Fortinet Technologies India Private Limited |
People of Fortinet
698 people are tracked at Fortinet (183 in leadership, 5 in board & advisors, 510 in team); the tracked headcount is 14,140.
| Name | Role | Group |
|---|---|---|
Abida Nikam | Co-Founder | Leadership |
Lawrence T. | Director, Business Development & Strategic Solutions | Leadership |
Gabe Dahlstrom | Director Of Enterprise Sales, Major Accounts | Leadership |
John Stringer | Senior Director Of Product Management | Leadership |
John Whittle | COO | Leadership |
Ali Bidabadi | Vice President, Global Cloud Security Practice & Technical Cloud Alliances | Leadership |
Caroline Mar | HR Business Partner - R&d | Leadership |
Charles Kim | Director Of Product Management | Leadership |
Layard Terrero | Senior Director, Systems Engineering | Leadership |
Rashmi Deshpande | VP Quality Engineering | Leadership |
Pallavi Vishnoi | Senior Talent Acquisition Partner - India Saarc | Leadership |
Wei Lu | Director, Business Information System | Leadership |
Cory Hase | SE Director | Leadership |
Eun Cho | Director Of Technical And Reporting Accounting | Leadership |
Kevin Hopkins | Director, Systems Engineering | Leadership |
Yvonne T. | HR Business Partner | Leadership |
Leslie Jones | Sr. Director, Global Campaigns & Launches | Leadership |
Keith Choi | Director Product Management | Leadership |
Jenny Shao | VP Project Management | Leadership |
Balaji Ravishankar | Director, Software Development QA | Leadership |
678 more people are available in the full profile.
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Complete people profiles for Fortinet
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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.
- IPO date18 Nov 2009
- Listed onNASDAQ: FTNT
- Listed entityFortinet, Inc.
- Exchange sectorTechnology services
- ISINUS34959E1091
- Share price$190.76 (-1.13% on the day) · 2026-10-13
- Market capitalisation$139.96B
- Price to earnings67.2
- EPS (diluted, trailing year)$2.84
- Volume (last session)2,777,379
Financials of Fortinet
Figures of Fortinet Technologies India Private Limited, the primary company behind Fortinet, for FY 2026. Revenue was ₹637 Cr (+37% year on year). Net profit was ₹134 Cr (21% margin). EBITDA was ₹200 Cr (31% margin). Revenue has grown at a compounded annual rate of +24% over three years and +30% over five years.
- ₹637 CrRevenue · FY 2026 · +37% YoY
- ₹134 CrNet profit · 21% margin
- ₹200 CrEBITDA · 31% margin
- ₹13.7 LakhPaid-up capital
- 743Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.80B | $1.85B | $2.23B |
| 2024 | $5.96B | $1.75B | $1.92B |
| 2023 | $5.30B | $1.15B | $1.35B |
| 2022 | $4.42B | $857.3M | $1.07B |
| 2021 | $3.34B | $606.8M | $730.2M |
Balance sheet, profit and loss, cash flow and ratios of Fortinet Technologies India Private Limited are on its company page.
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Detailed financial statements 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.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of AI security and compliance platform | virtueai.com | San Francisco, United States | 2014 | Aug 2026 | •••• | |
AI-driven data security solutions are developed for cloud environments. | suridata.ai | Tel Aviv, Israel | 2019 | May 2025 | •••• | |
Email and messaging threats are detected and mitigated proactively. | perception-point.io | Tel Aviv, Israel | 2015 | Dec 2024 | •••• | |
Data protection solutions are provided for organizational risk management. | nextdlp.com | London, United Kingdom | 2016 | Aug 2024 | •••• | |
AI-driven cloud security posture management is offered. | lacework.com | San Jose, United States | 2015 | Jun 2024 | •••• | |
Enterprise networking equipment is supplied to businesses by ALAXALA Networks. | alaxala.com | Kawasaki, Japan | 2004 | Nov 2021 | $64.2M | |
Cloud and AI-based application security testing solutions provider | sken.ai | Dublin, United States | 2019 | Jul 2021 | •••• | |
Multi-cloud infrastructure security is enabled via software-defined platforms. | shieldx.com | San Jose, United States | 2015 | Mar 2021 | •••• | |
Advanced server and network monitoring services are provided. | panopta.com | Chicago, United States | 2007 | Dec 2020 | •••• | |
Cloud-based network security solutions are offered by OPAQ. | opaq.com | Herndon, United States | 2013 | Jul 2020 | •••• |
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Complete acquisition details for Fortinet
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Timeline of Fortinet
14 dated milestones of Fortinet across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Fortinet is founded.
- Funding First funding round of $9.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Series A, of $15.2M.
- Acquisition Acquires OPAQ.
- Acquisition Acquires Panopta.
- Acquisition Acquires ShieldX Networks.
- Acquisition Acquires Sken.
- Acquisition Acquires ALAXALA Networks.
- Acquisition Acquires Lacework.
- Acquisition Acquires Next DLP.
- Acquisition Acquires Perception Point.
- Acquisition Acquires Suridata.ai.
- Acquisition Acquires Virtue AI.
Competitors of Fortinet
Fortinet has 3 listed competitors in our database, 2 of them funded. They include Palo Alto Networks, FireEye and IBM.
| 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. | |
| fireeye.com | 2004 | Milpitas, United States | $94.73M | 4,127 | Provider of a platform offering a suite of cyber security solutions | |
| ibm.com | 1911 | United States | 187,000 | Hybrid cloud and DevOps automation are delivered to enterprises. |
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Detailed competitors of Fortinet
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Web traffic of Fortinet
The website of Fortinet (fortinet.com) receives about 4.9M visits a month and ranks #10,057 among all websites worldwide, #1,400 in Computer Security.
- Monthly visits4.9M
▲ 8.2% vs previous month
- Unique visitors1.4M
per month
- Global rank#10,057
among all websites
- Category rank#1,400
Computers Electronics and Technology · Computer Security
Visitor engagement
- Bounce rate39%
- Pages per visit6.3
- Average visit7 min 11 sec
- DevicesDesktop 82% · Mobile 18%
Similar websites
Websites whose visitors overlap most with Fortinet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paloaltonetworks.com | 100% | 4.3M | #13,401 | View details | |
fortiguard.com | fortiguard.com | 99% | #148,760 | – | |
| checkpoint.com | 95% | 2M | #25,846 | View details | |
| watchguard.com | 87% | 792.9K | #48,132 | View details | |
| forticlient.com | 86% | #10,115,270 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in GRC, Risk & Compliance Software
3 companies that operate in the same segment as Fortinet (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | 350 |
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Related news about 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. The company's 1st funding round was a Series A of $9M, raised on May 2002.
Fortinet has 14,140 employees.
The primary company behind Fortinet, Fortinet Technologies India Private Limited, reported revenue of ₹637 Cr for FY 2026, up 37% year on year.
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, IBM and FireEye.
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.
Fortinet operates through Fortinet Technologies India Private Limited.
The legal entities of Fortinet currently have 3 directors, including Lindsey Marie Cayanan, Declan Michael Fitzpatrick, Naga Kishore Reddy Tarimala.