Braintrace, Inc.
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Braintrace, Inc. - overview
Established
2016
Location
Salt Lake City, UT, US
Primary Industry
IT Security/Cybersecurity
About
Based in Utah, US, and founded in 2016 by Bret Laughlin, Braintrace, Inc. is a privately held security that provides information and IT services. The company operates five business units such as managed security service provider (MSSP), advisory services, value-added reseller (VAR), BraintraceLabs, and managed services provider (MSP). In July 2021, Braintrace, Inc.
was acquired by Sophos. The firm offers a variety of solutions including Dragonfly-network traffic analysis, remote network packet capture, managed detection & response (MDR), advisory solutions, domain protection services, secure the remote workforce, and vulnerability management. The company also uses its proprietary technology NDR (Network Detection and Response Technology) for defending against cyber-attacks. Sophos plans to introduce Braintrace’s NDR technology for MTR and XDR in the first half of 2022.
Current Investors
Sophos Ltd
Primary Industry
IT Security/Cybersecurity
Sub Industries
Consulting Services, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.braintrace.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Braintrace, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Braintrace, Inc. | - |
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