Attributes 4327.36% revenue growth to customized SOC-as-a-Service offerings, providing concierge security to mid-sized enterprises across all industries
SUNNYVALE, CA, November 7, 2019 — Arctic Wolf Networks today announced it ranked 25 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Arctic Wolf Networks grew 4327.36% during this period.
Arctic Wolf’s chief executive officer, Brian NeSmith, credits the company’s 4327.36% revenue growth to its personal, predictable approach to security intelligence paired with the compelling economics of SOC-as-a-service. He said, "We are thrilled that our unique concierge approach to providing top-notch, comprehensive security services to our customers has earned us recognition on the Deloitte Fast 500. Facing today’s complex threat landscape, we pride ourselves on our ability to efficiently provide 24/7 cybersecurity to businesses of all shapes and sizes.”
Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439%.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Arctic Wolf Networks
Arctic Wolf Networks delivers personal, predictable protection from cybersecurity threats through an industry-leading security operations center (SOC)-as-a-service. Arctic Wolf™ Managed Detection and Response and Managed Risk services are anchored by the Arctic Wolf Concierge Security Team who provide custom threat hunting, alerting, and reporting. The Arctic Wolf purpose-built, cloud-based SOC-as-a-service offers 24x7 monitoring, risk management, threat detection, and response. For more information about Arctic Wolf, visit arcticwolf.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.