Nitro Security

Santa Clara, United States Founded: 1999 • Age: 27 yrs Acquired By McAfee
SIEM tools to identify, correlate, and remediate information security threats
Annual revenue - Latest available
Total funding $22.5M 5 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Nitro Security

Nitro Security is a company based in Santa Clara (United States) founded in 1999 was acquired by McAfee in October 2011. Nitro Security has raised $22.5 million across 5 funding rounds from investors including McAfee, Brookline Venture Partners and First Analysis. Nitro Security has completed 4 acquisitions, including Chronicle Solutions, LogMatrix and Ripple Technologies. Nitro Security operates in a competitive market with competitors including Splunk, Sumo Logic, Exabeam, LogPoint and LogRhythm, among others.

  • Headquarter Santa Clara, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nitrosecurity Inc
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $4 M (USD), Series D

    Oct 04, 2010

  • Investors
    McAfee

    & 3 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    McAfee

    (Oct 04, 2011)

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Funding Insights of Nitro Security

Nitro Security has successfully raised a total of $22.5M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $4 million completed in October 2010. 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 Nitro Security

Nitro Security has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include McAfee, Brookline Venture Partners and First Analysis.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Venture capital and transaction advisory services for B2B tech companies.
Locked Locked Locked
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
Locked Locked Locked
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Investor details for Nitro Security

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Nitro Security

Nitro Security has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Chronicle Solutions, LogMatrix and Ripple Technologies.

Investments
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Investment portfolio details for Nitro Security

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Antennas and accessories for radio amateurs are supplied.
Locked Locked 2012 Locked
Web application security monitoring for enterprise threat detection is offered.
Locked Locked 2001 Locked
Database access monitoring and security solutions were provided.
Locked Locked 1998 Locked
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Complete acquisition details for Nitro Security

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Nitro Security

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Detailed financials for Nitro Security

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  • Profit trends
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Nitro Security Comparisons

Nitro Security Primary company
Description
SIEM tools to identify, correlate, and remediate information...
Location
Santa Clara, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nitro Security

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Competitors of Nitro Security

Nitro Security 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 Splunk, Sumo Logic, Exabeam, LogPoint and LogRhythm, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud based platform offering IT operational data and security analytics software
Locked Locked Locked
Cloud-based log management and security analytics solutions are delivered.
Locked Locked Locked
SIEM platform for threat detection and response is provided.
Locked Locked Locked
Cloud based log management software provider
Locked Locked Locked
Cloud-based SIEM and network monitoring solutions are provided.
Locked Locked Locked
Cloud-based observability software provider
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Detailed competitors of Nitro Security

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Latest news on Nitro Security

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Complete news archive for Nitro Security

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Frequently Asked Questions about Nitro Security

Nitro Security was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Nitro Security is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Nitro Security is a funded company, having raised a total of $22.5M across 5 funding rounds to date.

NitroSecurity was a privately held United States-based provider of security information and event management (SIEM) technology. NitroSecurity develops SIEM tools to identify, correlate, and remediate information security threats. It was acquired by McAfee in 2011. Engineering of the SIEM products continue to be developed at McAfee in Idaho Falls. In 2010, Inc. magazine rated NitroSecurity 523 of the Inc. 5,000 List of Fastest-Growing Companies. Leader in SIEM in Gartner Magic Quadrant in 2012.

Nitro Security's top competitors include Splunk, Sumo Logic and Exabeam.

Nitro Security has made 4 acquisitions, including Chronicle Solutions, LogMatrix, and Ripple Technologies.

Nitro Security has 4 investors. Key investors include McAfee, Brookline Venture Partners, First Analysis, and NewSpring Capital.

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