WatchGuard Technologies, Inc.
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WatchGuard Technologies, Inc. - overview
Established
1996
Location
Seattle, WA, US
Primary Industry
IT Security/Cybersecurity
About
Based in the US, WatchGuard Technologies, Inc. provides advanced cybersecurity solutions, focusing on enhancing security for businesses through their Unified Security Platform. WatchGuard Technologies specializes in cybersecurity solutions, primarily targeting managed service providers (MSPs) and enterprises. Founded in 1996, the company is headquartered in Seattle, US.
In July 1999, WatchGuard went public, raising USD 45. 5 million, and later underwent a Secondary Buyout in July 2006, when it was acquired by Francisco Partners and Vector Capital for USD 151 million. The current CEO is Prakash Panjwani. WatchGuard Technologies specializes in comprehensive cybersecurity solutions, primarily through its Unified Security Platform.
This platform integrates security services such as network security firewalls, endpoint detection and response (EDR), multi-factor authentication (MFA), and secure Wi-Fi solutions. Their products enable organizations to implement proactive security measures, centralized management via WatchGuard Cloud, and advanced threat detection strategies through AI-driven solutions, catering to a diverse client base across healthcare, education, and financial services. Their offerings are available in North America, Europe, and Asia-Pacific, showcasing their global reach. In the most recent fiscal year, WatchGuard recorded a revenue of USD 75.
19 mn and an EBITDA of USD -6. 70 mn. Looking ahead, WatchGuard aims to launch several new products designed to enhance its cybersecurity offerings, with specific launch dates yet to be announced. The company is also planning expansion into new geographic markets, targeting regions in Europe and Asia-Pacific by the end of 2024.
The recent funding from the Secondary Buyout in July 2006 is expected to support these initiatives, further enhancing their product development and market reach.
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software
Website
www.watchguard.com
Verticals
Blockchain
Company Stage
Mature
Total Amount Raised
Subscriber access only
WatchGuard 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 | ActZero.ai | - | ||||||||
| Add-on | Completed | Panda Security S.L. | - | ||||||||
| Add-on, Trade Sale | Completed | Percipient Networks, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | BorderWare Technologies | - |
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