Randori

Waltham, United States Founded: 2018 • Age: 8 yrs Acquired By IBM
Cyber risk and vulnerability assessment platforms are provided by Randori.

About Randori

Randori is a Technology company based in Waltham (United States) founded in 2018 by David Wolpoff, and was acquired by IBM in June 2022. Cyber risk and vulnerability assessment platforms are provided by Randori. Randori has raised $29.75 million across 2 funding rounds from investors including IBM, Legion Capital and Harmony Partners. The company has 52 employees. Randori offers products and services including QRadar SIEM, QRadar SOAR, and QRadar EDR. Its focus areas include Enterprise Infrastructure, Cybersecurity, Endpoint Security and EASM. Its legal entity is Randori, Inc. Its competitors include CyCognito, NetSPI and IONIX; 3 of its 3 listed competitors have raised funding.

Company details

Randori was founded in 2018 and is headquartered in Waltham, United States. The company operates in the cybersecurity sector, where platforms for cyber risk and vulnerability assessment are developed. Key offerings include Randori Recon and Randori Attack, which support attack surface management, cloud migration, and shadow IT risk mitigation. These solutions are applied across various organizational security needs in the technology domain.

  • Headquarters Waltham, United States
  • Employees 52
  • Founders David Wolpoff
  • Stage Acquired
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website randori.com
  • Social LinkedIn X
  • Acquired by IBM (Jun 2022)
  • Legal Name Randori, Inc.
Key Metrics
  • Total Equity Funding
    $29.75M (USD)

    in 2 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Apr 2020

  • Investors
    IBM

    & 4 more

  • Employee Count
    52
  • Acquired by
    IBM

    & 1 more

    (Jun 2022)

Products & Services of Randori

Randori offers a comprehensive portfolio of products and services, including QRadar SIEM, QRadar SOAR, and QRadar EDR.

QRadar SIEM
Security Analytics

Enables intelligent analytics for detecting and responding to critical security threats.

QRadar SOAR
Security Orchestration

Orchestrates automated responses to cyberthreats for efficient incident management.

QRadar EDR
Endpoint Detection

Detects and remediates threats in real time using AI and automation.

Funding Insights of Randori

Randori has successfully raised a total of $29.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in April 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 $29.75M
  • Total Rounds 2
  • Last Round Series A — $20M
  • First Round $9.75M

    (Oct 2018)

  • Investors Count 4

All 2 funding rounds of Randori with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2020$20MSeries A–Harmony Partners
Oct 2018$9.75MSeries A–Accomplice
Valuation history

5 investors in total: 5 institutional.

Investors in Randori

Randori has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, Legion Capital and Harmony Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital is provided to expansion-stage software and tech firms.
harmonyvp.comNew York, United States
Accomplice is engaged in venture capital investments for startups.
accomplice.coBoston, United States
Early-stage tech companies are supported through venture capital investments.
406ventures.comBoston, United States
Legion Capital is engaged in specialized lending and private equity.
2015legioncapital.comOrlando, United States
Hybrid cloud and DevOps automation are delivered to enterprises.
1911ibm.comUnited States
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Investor details for Randori

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People of Randori

19 people are tracked at Randori (4 in leadership, 15 in team); the tracked headcount is 52.

NameRoleGroup
David Wolpoff
Co-Founder & CTOLeadership
Sandeep Sivadas
Regional Sales Director - Asia & ANZLeadership
Colin Makin
Cyber Security EMEA Sales DirectorLeadership
Sanara Marsh
Head of Product MarketingLeadership
Matt Belconis
Engineering ManagerTeam
Virginia Li
Frontend EngineerTeam
Lance Barto
Senior Software EngineerTeam
Chris Bartlett
Staff EngineerTeam
Devon DeJohn
Software EngineerTeam
Brendon Sharpe, CISSP
Target Analyst - Offensive Cyber SecurityTeam
Esther Dominguez
General CounselTeam
Stéphane Romo
South EMEA - Randori Enterprise Attack Surface Management, Market ManagerTeam
Kevin Faherty
Security ProfessionalTeam
Travis Heitsch
Regional Sales ManagerTeam
Remi Arata
Software EngineerTeam
Elijah Kliot
Software EngineerTeam
Kyle Walia
Customer Success ManagerTeam
Stuart Penman
User Research LeadTeam
Jon Ross
Senior Systems EngineerTeam
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Complete people profiles for Randori

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Timeline of Randori

5 dated milestones of Randori across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Randori is founded.
  2. Funding First funding round of $9.8M.
  3. Funding Latest funding round, Series A, of $20.0M.
  4. Exit Acquired by IBM.
  5. Exit Acquired by IBM.

Competitors of Randori

Randori has 3 listed competitors in our database, 3 of them funded. They include CyCognito, NetSPI and IONIX.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cycognito.com2017Palo Alto, United States$153M37
Cloud-based external attack surface management solutions are provided.
netspi.com2001Minneapolis, United States$500M
Attack surface management, threat detection, and pentesting services are offered.
ionix.io2016New York, United States$42M
Exploitable risks are identified across attack surfaces using connective intelligence.
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Detailed competitors of Randori

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Verified entity values are shown only after access is granted.

Top companies in Cybersecurity & Data Protection

3 companies that operate in the same segment as Randori (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
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Related news about Randori

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Frequently Asked Questions about Randori

Randori was founded in 2018.

Randori is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Randori is a funded company, having raised a total of $29.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.75M, raised on Oct 2018.

Randori has 52 employees.

Randori was founded in 2018 and is headquartered in Waltham, United States. The company operates in the cybersecurity sector, where platforms for cyber risk and vulnerability assessment are developed. Key offerings include Randori Recon and Randori Attack, which support attack surface management, cloud migration, and shadow IT risk mitigation. These solutions are applied across various organizational security needs in the technology domain.

Randori's top competitors include IONIX, NetSPI and CyCognito.

Randori offers QRadar SIEM, QRadar SOAR, and QRadar EDR.

Randori has 5 investors. Key investors include IBM, Legion Capital, Harmony Partners, Accomplice, and .406 Ventures.

Randori operates through Randori, Inc..

Yes. Randori was acquired by IBM in June 2022.

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