What is ForeScout?
Founded in 2000 and headquartered in San Jose, CA, ForeScout Technologies offers a comprehensive security platform designed to help businesses and government agencies mitigate cyber and operational risks. The company's technology provides visibility and control over network-connected devices, enabling organizations to enforce security policies and respond to threats effectively. ForeScout operates within the critical cybersecurity market, a sector experiencing sustained demand due to the increasing complexity of digital threats and the expanding attack surface.
How much funding has ForeScout raised?
ForeScout has raised a total of $238.2M across 7 funding rounds:
Series A
$2M
Series B
$12M
Series C
$10M
Series D
$14.1M
Other Financing Round
$8M
Other Financing Round
$76M
Stock Offering
$116.2M
Series A (2001): $2M, investors not publicly disclosed
Series B (2002): $12M led by Pitango Venture Capital and Accel Partners
Series C (2002): $10M supported by Meritech Capital Partners, Pitango Venture Capital, and Accel Partners
Series D (2007): $14.1M featuring Itochu Corp., Amadeus Capital Partners, Pitango Venture Capital, BCS Growth Fund L.P., Meritech, and Accel Partners
Other Financing Round (2008): $8M backed by Amadeus Capital Partners
Other Financing Round (2016): $76M with participation from Wellington Management
Stock Issuance/Offering (2017): $116.2M, investors not publicly disclosed
Key Investors in ForeScout
Pitango Venture Capital
Pitango is a venture capital firm that partners with visionary entrepreneurs and groundbreaking companies, supporting them from stealth mode to maturity. The firm operates through three funds: First, Growth, and HealthTech, focusing on exceptional founding teams.
Accel Partners
Accel is a leading venture capital firm that invests in companies in the internet, software, and services sectors. They are known for their early-stage investments and have backed numerous successful technology companies.
Amadeus Capital Partners
Amadeus Capital Partners is a London-based global technology venture capital firm that invests in high-growth companies across sectors such as artificial intelligence, digital health, cybersecurity, and enterprise software.
What's next for ForeScout?
The recent strategic investment in ForeScout signals a strong confidence from its backers in the company's future trajectory. This capital infusion is likely to be directed towards enhancing its technological capabilities, expanding its market reach, and potentially pursuing strategic acquisitions. As the cybersecurity landscape continues to evolve, ForeScout's focus on a unified platform positions it to address the growing need for integrated security solutions, enabling it to scale its operations and solidify its competitive advantage.
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