ForeScout Technologies, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ForeScout Technologies, Inc. - overview
Established
2000
Location
San Jose, CA, US
Primary Industry
IT Security/Cybersecurity
About
ForeScout Technologies, Inc. specializes in cybersecurity solutions, focusing on the continuous identification, protection, and compliance of both managed and unmanaged assets across diverse environments, including IT, IoT, and operational technology. Founded in 2000 in San Jose, US, ForeScout Technologies, Inc. offers advanced cybersecurity solutions.
The company went public in October 2017, raising USD 116 mn through an IPO. Led by CEO Damiano Bolzoni, the firm has successfully completed 16 deals, with the most recent round being a Public to Private transaction, raising a total of USD 1,430 mn. ForeScout specializes in delivering a comprehensive cybersecurity solution that continuously identifies and protects managed and unmanaged assets across IT, IoT, IoMT, and OT environments. Their flagship product, the Forescout 4D Platform™, utilizes patented technology to detect and manage cyber risks in real-time, helping organizations implement Zero Trust architectures.
ForeScout serves clients including leading global retailers, technology firms, and manufacturers across North America, Europe, and Asia-Pacific. In 2019, ForeScout reported a revenue of USD 336. 80 mn, with an EBITDA of USD -89. 32 mn, primarily generated through subscription-based models for its cybersecurity solutions and specialized services.
ForeScout plans to launch new products and expand its market reach following its latest funding opportunity. The funds raised in 2017 will support the development of additional cybersecurity solutions tailored to specific industry needs. The company aims to penetrate new geographic regions, focusing on expanding its presence in Europe and Asia-Pacific by 2023.
Current Investors
Advent International, Crosspoint Capital Partners, Founders Circle Capital
Primary Industry
IT Security/Cybersecurity
Sub Industries
Data Centers, IT Infrastructure, IT Security/Cybersecurity, Monitoring & Security Software, Analytics & Performance Software
Website
www.forescout.com
Verticals
Cloud Computing, IoT (Internet of Things)
Company Stage
Mature
Total Amount Raised
Subscriber access only
ForeScout Technologies, Inc. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 71,113,000 | 125,959,000 | 166,841,000 | - | - | - |
| % Revenue Growth (YoY) | - | 77.1% | 32.5% | - | - | - |
| EBITDA (USD) | (38,619,000) | (15,639,000) | (67,140,000) | - | - | - |
| Operating Income (USD) | (40,534,000) | (18,078,000) | (71,444,000) | - | - | - |
| Operating Margin | (57.0%) | (14.4%) | (42.8%) | - | - | - |
| % EBITDA Margin | (54.3%) | (12.4%) | (40.2%) | - | - | - |
| NET Income (USD) | (43,988,000) | (27,260,000) | (74,774,000) | - | - | - |
| % Net Margin | (61.9%) | (21.6%) | (44.8%) | - | - | - |
ForeScout Technologies, 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, Trade Sale | Completed | Cysiv LLC | - | ||||||||
| Add-on, Trade Sale | Completed | CyberMDx Technologies Inc. | - | ||||||||
| Public to Private | Completed | ForeScout Technologies, Inc. | - |
Displaying 1 - 3 of 3
ForeScout Technologies, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.