Deepwatch
Financials
Estimates*
USD | 2020 |
---|---|
Revenues | 40.5m |
Date | Investors | Amount | Round |
---|---|---|---|
$23.0m | Series A | ||
$53.0m | Series B | ||
* | $180m | Late VC | |
Total Funding | CAD349m |
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EditDeepwatch is a cybersecurity company that offers advanced threat detection and response services. The company operates in the cybersecurity market, serving clients across various industries that require robust security measures to protect their digital assets. Deepwatch's business model revolves around providing managed security services (MSS), which means they handle their clients' cybersecurity operations, allowing them to focus on their core business.
Deepwatch's services are designed to help businesses become "cyber resilient," a term that refers to an organization's ability to continuously deliver the intended outcomes despite adverse cyber events. They achieve this through deep threat management, which involves monitoring key tactical and strategic metrics to maintain transparency, engagement, and clear communication. This approach helps businesses improve their security posture and achieve better security outcomes.
The company's managed security platform allows businesses to get more value from their existing tools, increase visibility across their attack surface, reduce alert volume and false positives, and continually improve their security posture. Deepwatch also offers a patented Security Index framework that helps businesses understand the right metrics and key performance indicators (KPIs) critical to measuring the success of their security operations.
Deepwatch generates revenue by charging its clients for the managed security services it provides. The company prides itself on being a partner rather than just a service provider, with many clients viewing Deepwatch as an extension of their own team.
Keywords: Cybersecurity, Threat Detection, Managed Security Services, Cyber Resilience, Deep Threat Management, Security Posture, Attack Surface, False Positives, Security Index Framework, Key Performance Indicators.