Trustwave

Chicago, United States Founded: 1995 • Age: 31 yrs Acquired By LevelBlue
Provider of cybersecurity suite solutions
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About Trustwave

Trustwave is a company based in Chicago (United States) founded in 1995 was acquired by LevelBlue in July 2025.. Trustwave has raised $59.97 million across 3 funding rounds from investors including Singtel, LevelBlue and FTV Capital. Trustwave has completed 10 acquisitions, including Application Security, BitArmor and Breach Security. Trustwave offers products and services including Managed Detection & Response, Penetration Testing, and Incident Response. Trustwave operates in a competitive market with competitors including Palo Alto Networks, Imperva, Fortinet, Cisco and IBM, among others.

Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
    $730.84 K (USD)
    -2.65
    as on Mar 31, 2017
  • Net Profit
    $56.25 K (USD)
    -17.72
    as on Mar 31, 2017
  • EBITDA
    $152.62 K (USD)
    65.52
    as on Mar 31, 2017
  • Total Equity Funding
    $59.97 M (USD)

    in 3 rounds

  • Latest Funding Round
    $25.47 M (USD), Series B

    Mar 27, 2014

  • Investors
    Singtel

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    LevelBlue

    & 3 more

    (Jul 01, 2025)

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Products & Services of Trustwave

Trustwave offers a comprehensive portfolio of products and services, including Managed Detection & Response, Penetration Testing, and Incident Response. 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.

Primary

Provides 24/7 threat detection and response for organizations.

Tests IT infrastructure to identify and fix vulnerabilities.

Assists with security breaches through global hotlines.

People of Trustwave
Headcount 1000-5000
Employee Profiles 122
Board Members and Advisors 2
Employee Profiles
People
Christopher Mork
Vice President Of Go-to-market Excellence
People
Garrett Gee
GVP - Indirect Channels & Alliances
People
Eric Harmon
CEO
People
Barry O'Connell
GM, EMEA

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Funding Insights of Trustwave

Trustwave has successfully raised a total of $59.97M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25.47 million completed in March 2014. 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 Rounds 3
  • Last Round Series B — $25.5M
  • First Round

    (19 May 2004)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2014 Amount Series B - Trustwave Valuation

investors

Oct, 2013 Amount Series B - Trustwave Valuation

investors

May, 2004 Amount Series A - Trustwave Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Trustwave

Trustwave has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Singtel, LevelBlue and FTV 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm
Founded Year Domain Location
Global security and risk management expertise is provided by The Chertoff Group.
Founded Year Domain Location
Integrated telecom and IPTV services are provided in Singapore.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Trustwave

Trustwave has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Application Security, BitArmor and Breach Security. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Compliance suite for eGRC management is provided by ControlPath.
2006
Web application security is provided against hacking and data leakage.
2004
Enterprise data security is ensured via encryption-focused solutions.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Trustwave

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trustwave Comparisons

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Competitors of Trustwave

Trustwave 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, Fortinet, Cisco 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.
domain founded_year HQ Location
Cloud-based cybersecurity solutions are provided for enterprise protection.
domain founded_year HQ Location
Cloud security posture management solutions are provided by the platform.
domain founded_year HQ Location
AI and saas based cloud security solutions
domain founded_year HQ Location
Hybrid cloud and DevOps automation are delivered to enterprises.
domain founded_year HQ Location
Enterprise cybersecurity solutions are delivered via a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Trustwave

Frequently Asked Questions about Trustwave

When was Trustwave founded?

Trustwave was founded in 1995 and raised its 1st funding round 9 years after it was founded.

Where is Trustwave located?

Trustwave is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Is Trustwave a funded company?

Trustwave is a funded company, having raised a total of $59.97M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 19, 2004.

What is the annual revenue of Trustwave?

Annual revenue of Trustwave is $730.84K as on Mar 31, 2017.

What does Trustwave do?

Trustwave was founded in 1995 in Chicago, United States, and operates within the cybersecurity sector. Managed detection and response services are offered to organizations facing threat challenges. Security gaps are addressed through a range of protective services against evolving threats. Visibility into emerging security threats is provided to enable mitigation for global businesses.

Who are the top competitors of Trustwave?

Trustwave's top competitors include Fortinet, Palo Alto Networks and Imperva.

What products or services does Trustwave offer?

Trustwave offers Managed Detection & Response, Penetration Testing, and Incident Response.

How many acquisitions has Trustwave made?

Trustwave has made 10 acquisitions, including Application Security, BitArmor, and Breach Security.

Who are Trustwave's investors?

Trustwave has 4 investors. Key investors include Singtel, LevelBlue, FTV Capital, and The Chertoff Group.

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