SentinelOne

SentinelOne is a cybersecurity company listed on NYSE based in Mountain View, California.[2][3][4] The company was founded in 2013 by Tomer Weingarten, Almog Cohen and Ehud ("Udi") Shamir.[5][6] Weingarten acts as the company's CEO.[3][4] Nicholas Warner is the company's COO.[7] The company has approximately 970 employees and offices in Mountain View, Boston, Tokyo, and Tel Aviv.[4][8][9] The company uses machine learning for monitoring personal computers, IoT devices, and cloud workloads.[4][10] The company's platform utilizes a heuristic model, specifically its patented behavioral AI.[11] The company is AV-TEST certified.[12][13]

SentinelOne
TypePublic
NYSE: S
Industry
Founded2013
FounderEhud Shamir, Tomer Weingarten, Almog Cohen
Headquarters
Mountain View, California
,
United States
Key people
Tomer Weingarten (CEO)
Revenue US$93.1 Million(2021)[1]
Number of employees
970
Websitewww.sentinelone.com

Funding

In June 2019, SentinelOne received $120 million in a Series D funding round led by Insight Partners.[11] The company received an addition $200 million in Series E funding in February 2020.[14] The Series E round placed SentinelOne at a valuation of about $1.1 billion.[4][3] In 2020, SentinelOne closed a round for $267 million in funding, bringing their total valuation to $3.1 billion.[15]

On June 30, 2021, SentinelOne completed an initial public offering on the NYSE, raising $1.2 billion.[16]

Acquisitions

In February 2021, SentinelOne announced the acquisition of US cloud-scale data analytics platform Scalyr for $155 million in cash and equity.[17]

In December 2021, SentinelOne's planned acquisition of Israeli cloud security startup Orca Security for $2.5 billion in cash and equity fell through due in part to a decline in SentinelOne's stock price.[18]

In March 2022, SentinelOne announced the acquisition of the identity detection and response technology company, Attivo Networks, for $616.5 million in cash and equity.[19]

Sponsorships

Since 2021, SentinelOne has been the official cybersecurity sponsor of Aston Martin Cognizant F1 Team.[20]

References
  1. "SentinelOne IPO Price, Filing, Valuation Details: 10 Things to Know". MSSP Alert. June 30, 2021.
  2. Hu, Krystal; Podder, Sohini (June 30, 2021). "Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut" – via www.reuters.com.
  3. "Israeli Cybersecurity Firm SentinelOne Raises $200 Million". Haaretz. Retrieved August 25, 2020.
  4. "SentinelOne raises $200M at a $1.1B valuation to expand its AI-based endpoint security platform". TechCrunch. Retrieved August 25, 2020.
  5. D'Onfro, Jillian. "AI 50: America's Most Promising Artificial Intelligence Companies". Forbes. Retrieved 2019-09-17.
  6. Lunden, Ingrid. "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved 2019-06-04.
  7. "Nicholas Warner Profile, Bloomberg". Bloomberg. Retrieved August 25, 2020.
  8. "Silicon Valley CrowdStrike competitor hits unicorn status with $200M funding". Silicon Valley Business Journal. Retrieved August 25, 2020.
  9. "Insight Partners Backs SentinalOne in $200 Million Investment". CTech. Retrieved August 25, 2020.
  10. "SentinelOne makes security platform free to support remote workers". Computer Weekly. Retrieved August 25, 2020.
  11. "SentinelOne raises $120M for its fully autonomous, AI-based endpoint security solution". TechCrunch. Retrieved August 25, 2020.
  12. "Netflix Is Dumping Anti-Virus, Presages Death Of An Industry". Forbes. Retrieved August 25, 2020.
  13. "Endpoint security firm SentinelOne challenges traditional anti-virus software". Network World. Retrieved August 25, 2020.
  14. "CNBC Disruptor 50". CNBC. Retrieved August 25, 2020.
  15. Johnson, Robert (20 November 2020). "SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation". Crediblock.com. PreIPOSwap.com. Retrieved 21 November 2020.
  16. de Leon, Riley (30 June 2021). "SentinelOne soars in first trade as highest-valued cybersecurity IPO ever". CNBC.com. Retrieved 30 June 2021.
  17. "SentinelOne buys US big data co Scalyr for $155m". Globes. 2021-09-02. Retrieved 2021-02-10.
  18. "SentinelOne's $2.5 billion takeover of Orca Security falls through after shares plummet". www.calcalistech.com. 2021-12-23. Retrieved 2022-01-03.
  19. "SentinelOne to acquire Attivo Networks for $617 million". IT PRO. Retrieved 2022-03-17.
  20. "SentinelOne joins as Official Cybersecurity Partner". Aston Martin Cognizant Formula 1 Team. 23 February 2021. Retrieved 18 August 2021.{{cite web}}: CS1 maint: url-status (link)
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