About Randori
Randori is a company based in Waltham (United States) founded in 2018 by David Wolpoff was acquired by IBM in June 2022.. Randori has raised $29.75 million across 2 funding rounds from investors including IBM, Legion Capital and Harmony Partners. The company has 52 employees as of December 31, 2021. Randori offers products and services including QRadar SIEM, QRadar SOAR, and QRadar EDR. Randori operates in a competitive market with competitors including CyCognito, NetSPI, Detectify, IONIX and PatrOwl, among others.
- Headquarter Waltham, United States
- Employees 52 as on 31 Dec, 2021
- Founders David Wolpoff
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Randori, Inc.
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Products & Services of Randori
Randori offers a comprehensive portfolio of products and services, including QRadar SIEM, QRadar SOAR, and QRadar EDR. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables intelligent analytics for detecting and responding to critical security threats.
Orchestrates automated responses to cyberthreats for efficient incident management.
Detects and remediates threats in real time using AI and automation.
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $20.0M
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First Round
First Round
(04 Oct 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2020 | Amount | Series A - Randori | Valuation | Harmony Partners | |
| Oct, 2018 | Amount | Series A - Randori | Valuation | Accomplice |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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Venture capital is provided to expansion-stage software and tech firms.
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Accomplice is engaged in venture capital investments for startups.
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Early-stage tech companies are supported through venture capital investments.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Randori
| 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 |
Financial Statements - Randori
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Randori Comparisons
Competitors of Randori
Randori 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 CyCognito, NetSPI, Detectify, IONIX and PatrOwl, 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 |
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| domain | founded_year | HQ Location |
Cloud-based external attack surface management solutions are provided.
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Attack surface management, threat detection, and pentesting services are offered.
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Cloud-based platform offering endpoint security for EASM
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| domain | founded_year | HQ Location |
Exploitable risks are identified across attack surfaces using connective intelligence.
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Vulnerability assessments and security operations are orchestrated via PatrOwl's platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Randori
Frequently Asked Questions about Randori
When was Randori founded?
Randori was founded in 2018.
Where is Randori located?
Randori is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is Randori a funded company?
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 04, 2018.
How many employees does Randori have?
As of Dec 31, 2021, the latest employee count at Randori is 52.
What does Randori do?
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.
Who are the top competitors of Randori?
What products or services does Randori offer?
Randori offers QRadar SIEM, QRadar SOAR, and QRadar EDR.
Who are Randori's investors?
Randori has 5 investors. Key investors include IBM, Legion Capital, Harmony Partners, Accomplice, and .406 Ventures.
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