deepwatch

Deepwatch is a cloud security provider for enterprise networks that offers three key services; managed detection and response (MDR), vulnerability management, and managed endpoint detection and response (EDR). Under a partnership with endpoint security provider SentinelOne, the company also integrates the latter’s EDR platform along with its MDR offering.

As of October 2020, the company employed 200 staff and had plans to double its employee base.

Key customers and partnerships

Notable customers include Genuine Parts, Premise Health Holding, Opportunity Hub, and Dover.

Funding and financials

In February 2023, the company raised USD 180 million from Springcoast Capital Partners, Splunk Ventures, and Vista Credit Partners. The funds were utilized to accelerate platform innovation and product development and to expand its partnership base.

In 2020, the company had analyzed 175 billion logs and managed 15 million intelligence alerts with over a 500% year-on-year growth of its partner network. In 2022, Deepwatch experienced 100% YoY growth in sales, and more than two-thirds of customers expanded their service with the company.