Red Canary

Overview
Activities
News
Next-gen Cybersecurity?
Product stageSegments
Growth
?
Managed detection and response (MDR)
?

Red Canary offers managed detection and response (MDR) services providing 24/7/365 MDR solutions from an experienced and specialized security operations center (SOC) team of cyber analysts. The SOC team identifies and triages threats at endpoints and eradicates false positives to provide incident responses. Red Canary Alert Center and Red Canary Cloud Workload Protection extend the company’s SOC platform by addressing endpoints, network alerts, and cloud workloads of critical infrastructure.

In November 2021, the company reported that it actively detects 203 distinct attack techniques, which reduces the time of response to a threat by 10 times and reduces endpoint risk by 75%. As of February 2021, the company employed 249 staff, recorded an increase of revenue by 270% since 2019, and doubled its customer base since 2020.

Red Canary partnered with SentinelOne, a provider of endpoint protection solutions, to integrate its managed detection and response (MDR) solution with SentinelOne’s Singularity XDR platform, to provide endpoint detection and response (EDR), and cloud-native protection in a unified solution for customers.

Also in February 2021, the company raised a USD 81 million Series C round led by Summit Partners to expand its product development and recruiting.

HQ location:
1901 Wazee Denver CO USA
Founded year:
2014
Employees:
251-500
IPO status:
Private
Total funding:
USD 129.9 mn
Last Funding:
USD 81.0 mn (Series C; Feb 2021)
Last valuation:
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Company profile
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