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
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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 Nitrosecurity Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.5 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Series D
Oct 04, 2010
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Investors
McAfee
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Chronicle Solutions
& 3 more
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $4.0M
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First Round
First Round
(25 Feb 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Series D - Nitro Security | Valuation | Brookline Venture Partners , First Analysis |
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| May, 2010 | Amount | Debt – Conventional - Nitro Security | Valuation |
investors |
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| Aug, 2008 | Amount | Series D - Nitro Security | Valuation | NewSpring |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Venture capital and transaction advisory services for B2B tech companies.
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Founded Year | Domain | Location | |
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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Antennas and accessories for radio amateurs are supplied.
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2012 | ||||
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Web application security monitoring for enterprise threat detection is offered.
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2001 | ||||
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Database access monitoring and security solutions were provided.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nitro Security
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nitro Security Comparisons
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. 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 |
Cloud based platform offering IT operational data and security analytics software
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| domain | founded_year | HQ Location |
Cloud-based log management and security analytics solutions are delivered.
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| domain | founded_year | HQ Location |
SIEM platform for threat detection and response is provided.
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| domain | founded_year | HQ Location |
Cloud based log management software provider
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| domain | founded_year | HQ Location |
Cloud-based SIEM and network monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based observability software provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nitro Security
When was Nitro Security founded?
Nitro Security was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Nitro Security located?
Nitro Security is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Nitro Security a funded company?
Nitro Security is a funded company, having raised a total of $22.5M across 5 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Feb 25, 2005.
What does Nitro Security do?
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.
Who are the top competitors of Nitro Security?
Nitro Security's top competitors include Splunk, Sumo Logic and Exabeam.
How many acquisitions has Nitro Security made?
Nitro Security has made 4 acquisitions, including Chronicle Solutions, LogMatrix, and Ripple Technologies.
Who are Nitro Security's investors?
Nitro Security has 4 investors. Key investors include McAfee, Brookline Venture Partners, First Analysis, and NewSpring Capital.
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