Lancope

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Lancope - overview

Established

2000

Location

Alpharetta, GA, US

Primary Industry

IT Security/Cybersecurity

About

Lancope delivers advanced security solutions focused on enhancing enterprise network visibility and control through innovative analytics and real-time threat detection. Lancope, founded in 2000 and headquartered in Alpharetta, US, specializes in network security solutions. In October 2015, the company was acquired by Cisco Systems for USD 452. 50 mn, which marked a significant pivot in its business strategy.


The acquisition was completed in December 2015, solidifying its position within the cybersecurity market. Cisco Secure Network Analytics specializes in providing advanced security solutions designed to enhance the visibility and control of enterprise networks. Its core offerings include machine learning-driven analytics, real-time threat detection, and behavioral modeling capabilities that help organizations secure their digital environments against sophisticated cyber threats. Key functionalities revolve around continuous monitoring of network and cloud traffic, delivering high-fidelity alerts enriched with contextual information such as user identities, device types, and application data.


This product suite is targeted at enterprises across various sectors, including finance, healthcare, manufacturing, and education, offering tailored solutions for both small and medium businesses as well as larger institutions. Cisco Secure Network Analytics is marketed in North America, Europe, Asia-Pacific, and Latin America, ensuring a broad geographic footprint while addressing critical use cases such as incident response, compliance, and operational efficiency. Cisco Secure Network Analytics generates revenue primarily through a subscription-based model, offering various pricing tiers for its software solutions tailored to the needs of its clients. Transactions typically occur through contractual agreements with businesses, where clients subscribe to the software as a service (SaaS) model, enabling them to access the full suite of security features, including advanced analytics and threat detection capabilities.


Clients may also engage in direct partnerships for customized solutions, ensuring that the offerings align with their specific security needs. Key products, including the flagship Secure Network Analytics platform, are sold under various licensing agreements, which provide customers with flexibility while ensuring continuous revenue streams for the company. The revenue structure is designed to support both enterprise clients and smaller organizations, facilitating ongoing support and updates as part of their service agreements. Following its acquisition by Cisco, Lancope is set to leverage the resources and reach of its parent company to drive future growth.


The integration of new product features and enhancements to its Secure Network Analytics platform are anticipated, although specific upcoming releases have not been detailed. The company aims to expand its market presence, particularly in North America, Europe, and Asia-Pacific, targeting new sectors and verticals by 2025. The recent funding of USD 452. 50 mn from Cisco will be instrumental in supporting these initiatives, allowing for an accelerated development timeline and strategic marketing efforts to capture a larger share of the cybersecurity market.


Current Investors

H.I.G. BioHealth Partners, GMG Capital Partners, Council Capital

Primary Industry

IT Security/Cybersecurity

Sub Industries

Security Services, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.lancope.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Lancope - employee data

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