About SecureWorks
SecureWorks is a company based in Atlanta (United States) founded in 1999 was acquired by Sophos in October 2024.. SecureWorks has raised $73.5 million across 5 funding rounds from investors including Dell, Sophos and GE Capital. The company has 2,149 employees as of February 28, 2023. SecureWorks has completed 2 acquisitions, including Delve Security and Lurhq. SecureWorks offers products and services including Taegis MDR, Endpoint Security, and Network Security. SecureWorks operates in a competitive market with competitors including Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, among others.
- Headquarter Atlanta, United States
- Employees 2149 as on 28 Feb, 2023
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Secureworks, Inc.
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Annual Revenue
$365.88 M-21as on Jan 31, 2024
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Net Profit
$-86.04 M25as on Jan 31, 2024
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EBITDA
$-111.97 M24as on Jan 31, 2024
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Total Equity Funding
$73.5 M (USD)
in 5 rounds
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Latest Funding Round
$22 M (USD), Series C
Aug 12, 2015
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Investors
Dell
& 8 more
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Employee Count
2149
as on Feb 28, 2023
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Investments & Acquisitions
Delve Security
& 1 more
- Acquired by
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Products & Services of SecureWorks
SecureWorks offers a comprehensive portfolio of products and services, including Taegis MDR, Endpoint Security, and Network Security. 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.
Platform for 24/7 threat prevention and response services
Tools to protect endpoints from cyber threats
Solutions for detecting and responding to network threats
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Software Development Team
98 people
Sales and Marketing
71 people
Leadership Team
42 people
Human Resources and Administration
23 people
Product Management Team
18 people
Senior Team
14 people
Legal and Compliance
11 people
Operations Team
10 people
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Funding Insights of SecureWorks
SecureWorks has successfully raised a total of $73.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in August 2015. 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 C — $22.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2015 | Amount | Series C - SecureWorks | Valuation | Centerview Capital |
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| Aug, 2015 | Amount | Debt – Conventional - SecureWorks | Valuation |
investors |
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| Jul, 2009 | Amount | Series C - SecureWorks | Valuation | Great Hill Partners |
| 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 SecureWorks
SecureWorks has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Dell, Sophos and GE Capital. 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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Private investment firm providing capital and expertise to high-potential companies in technology and consumer sectors.
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Founded Year | Domain | Location | |
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Tech and Life Sciences focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Business acquisitions are targeted by the private equity firm.
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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 SecureWorks
SecureWorks has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Delve Security and Lurhq. 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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Provider of AI based vulnerability assessment and management platform
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2014 | ||||
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SIEM service based managed security service provider
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1996 |
| 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 - SecureWorks
| 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 |
Secureworks Comparisons
Competitors of SecureWorks
SecureWorks 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 Palo Alto Networks, Imperva, Cisco, Fortinet and IBM, 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 |
AI and cloud-based platforms are utilized for cybersecurity solutions.
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| domain | founded_year | HQ Location |
Cloud-based cybersecurity solutions are provided for enterprise protection.
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| domain | founded_year | HQ Location |
AI and saas based cloud security solutions
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| domain | founded_year | HQ Location |
Cloud security posture management solutions are provided by the platform.
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| domain | founded_year | HQ Location |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| domain | founded_year | HQ Location |
Symantec is recognized for providing enterprise cloud cybersecurity solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Secureworks
Frequently Asked Questions about SecureWorks
When was SecureWorks founded?
SecureWorks was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is SecureWorks located?
SecureWorks is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of SecureWorks?
Wendy Thomas is the current CEO of SecureWorks.
Is SecureWorks a funded company?
SecureWorks is a funded company, having raised a total of $73.5M across 5 funding rounds to date. The company's 1st funding round was a Series C of $31.5M, raised on Jun 01, 2000.
How many employees does SecureWorks have?
As of Feb 28, 2023, the latest employee count at SecureWorks is 2,149.
What is the annual revenue of SecureWorks?
Annual revenue of SecureWorks is $365.88M as on Jan 31, 2024.
What does SecureWorks do?
SecureWorks was founded in 1999 and is headquartered in Atlanta, United States. Operations focus on the cybersecurity sector, where cloud-based enterprise security suites are delivered. Services encompass network security, cloud security, threat hunting, incident response, vulnerability assessment, management, threat intelligence, and penetration testing for applications. These offerings support organizations in managing security risks across digital environments.
Who are the top competitors of SecureWorks?
SecureWorks's top competitors include Fortinet, Palo Alto Networks and Imperva.
What products or services does SecureWorks offer?
SecureWorks offers Taegis MDR, Endpoint Security, and Network Security.
How many acquisitions has SecureWorks made?
SecureWorks has made 2 acquisitions, including Delve Security, and Lurhq.
Who are SecureWorks's investors?
SecureWorks has 9 investors. Key investors include Dell, Sophos, GE Capital, ITC Holdings, and Centerview Capital.
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