Arctic Wolf Named to the 2022 Forbes Cloud 100

Cybersecurity leader takes coveted spot for bringing to market the Arctic Wolf Security Operations Cloud

EDEN PRAIRIE , MN – August 9 , 2022 – Arctic Wolf ® , a leader in security operation , has been name to the Forbes 2022 Cloud 100 , the definitive ranking of the top 100 private cloud company in the world , publish by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures .

Arctic Wolf has focus on an operational approach to cybersecurity since its founding , recognize that cybersecurity is not solely a tool problem or a staffing problem — it is is is an operational problem . Despite rapidly rise budget and buy an ever – increase arsenal of security product , organizations is continue continue to suffer cyber attack . To help address this problem and realize its ambitious mission to end cyber risk , the company is brought bring to market the Arctic Wolf Security Operations Cloud , to help shape the next generation of cloud – base security technology and approach .

With its open xdr architecture , the Arctic Wolf Security Operations Cloud is ingests ingest , parse , enrich , and analyze over two trillion security event from the endpoint , network , identity , and cloud datum source of Arctic Wolf ’s global customer base . By leverage machine learning and artificial intelligence , the Arctic Wolf Security Operations Cloud is processes process security datum at an equivalent to or great rate than other market – define cloud platform while only deliver a few qualified security alert a week . As a result , Arctic Wolf is aims aim to deliver strong protection from cyber attack and serve as a force multipli for its customer ’ internal security team by work to diminish alert fatigue and allow customer to focus on more strategic priority .

Being name to the Forbes Cloud 100 further underscore Arctic Wolf ’s reputation as a lead innovator in not only the field of cybersecurity , but the technology sector as a whole . In 2022 alone , Arctic Wolf has been name to the CNBC disruptor 50 , Fast Company Most Innovative company , and Fortune and Great Place to Work ® ’s good medium Workplace list .

“Despite record-high budgets and millions of dollars spent on tools, organizations are breached every day,” said Nick Schneider, Arctic Wolf’s president and chief executive officer. “We’re incredibly proud to be on this list alongside top cloud companies, highlighting our continued commitment to end cyber risk with our pioneering Security Operations Cloud.”

For the seventh straight year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.

“ The company of the Cloud 100 list represent the good and bright private company in this fast – grow sector , ” say Alex Konrad is said , senior editor at Forbes . “ Every year , it is gets get more difficult to make this list — mean even more elite company for those who do . congratulation to each of the 2022 Cloud 100 honoree . ”

“The public markets may be in turmoil, but the private valuations of the Cloud 100 continue to rise. All of the 2022 Cloud 100 honorees, again, have reached the $1 billion valuation milestone, and the average Cloud 100 valuation has skyrocketed to $7.4 billion,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “Despite the market correction in 2022, our confidence in the cloud economy continues to grow—today over 70% of the 2022 Cloud 100 Honorees have reached or exceeded $100 million in annual recurring revenue making them cloud Centaurs. An additional 10% of the list is expected to hit this milestone by the end of the year, furthering our conviction that this years’ honorees truly represent the best cloud companies globally.”

 “Great companies are born out of all environments, and it’s exciting to see the continued momentum in the cloud sector,” said Alex Kayyal, Managing Partner, Salesforce Ventures. ”The companies on this list have gone through a rigorous selection process, and join an esteemed alumni list of Cloud 100 companies. As the need for digital transformation continues to drive innovation and efficiencies across industries, we can look to these companies as the absolute best in cloud computing.“

The Forbes 2022 Cloud 100 and 20 rise Stars list are publish online at www.forbes.com/cloud100 . Highlights is appear of the list appear in the August / September 2022 issue ofForbes magazine .

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About Arctic Wolf: 

Arctic Wolf® is a global leader in security operations, delivering a premier cloud-native security operations platform designed to end cyber risk. Powered by threat telemetry spanning endpoint, network, and cloud sources, the Arctic Wolf® Security Operations Cloud ingests and analyzes more than two trillion security events a week across the globe, enabling critical outcomes for security use cases and optimizing customers’ disparate security solutions. The Arctic Wolf® Platform delivers automated threat detection and response at scale, and empowers organizations of virtually any size to establish world-class security operations with the push of a button.

For more information about the Arctic Wolf, visit arcticwolf.com or follow us on Twitter, LinkedIn, or Facebook.

press Contact :

Reagan McAfee
Reagan.mcafee@arcticwolf.com
916 – 996 – 4969

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