eSentire
451 Phillip St, Suite 135, Waterloo, ON, N2L 3X2, Canada
Overview
eSentire is a Waterloo, Ontario-based Managed Detection and Response (MDR) provider led by CEO Kerry Bailey. The company protects critical data and applications for more than 1,200 organizations across 75+ countries. Its service portfolio includes strategic Managed Risk services, 24/7 multi-signal MDR, and Digital Forensics and Incident Response services. eSentire has surpassed US$100 million in annual recurring revenue and plans to scale go-to-market operations across Europe and APAC. Over the next 18 months the company will invest in research and development to expand its patented Atlas XDR software-as-a-service offering and will hire more than 400 team members globally, bringing headcount to over 1,000. These moves are intended to meet increasing enterprise demand and support broader international growth. eSentire provides Managed Detection and Response (MDR) services through a 24×7 Security Operations Center staffed by elite security analysts. Its SOC team hunts, investigates, and responds in real time to known and unknown threats before they become business‑disrupting events. The company is led by CEO Kerry Bailey. eSentire said it will use new funding to continue expanding operations and its business reach. The article describes the company’s core offering as a combination of human analysts and SOC capabilities to protect organizations from evolving cyber attacks. eSentire is a managed detection and response provider based in Cambridge, ON, Canada. Led by CEO J. Paul Haynes, the company provides managed cybersecurity services that detect and contain advanced threats that have bypassed other security controls. It began operations serving the financial services market and has expanded to support sectors including insurance, legal, healthcare, biopharma, engineering, technology, manufacturing and government agencies. The company received an equity investment from Warburg Pincus; the amount was not disclosed. eSentire intends to use the funds to accelerate growth by expanding its technology services to existing clients, increasing outreach to new markets, and to provide liquidity to existing shareholders. The transaction was reported by FinSMEs on 21 August 2017. eSentire provides managed cybersecurity services that combine people, process and technology to detect, remediate and communicate sophisticated cyber threats in real time, 24/7. The company targets mid-size enterprises and has developed forensic capabilities with its TRAP Targeted Retrospection Analysis Platform™. Led by CEO J. Paul Haynes, eSentire has expanded internationally, opening a European headquarters and a second Security Operations Center in Cork, Ireland in 2015. The company committed to hiring 100 new employees in Europe over the following five years. eSentire says it has early success in cloud-based threat intelligence harvesting, sharing and automated protection. It recently secured new funding to support scaling its market presence and launching security operations in new geographies and verticals. eSentire is a Cambridge, Ontario-based provider of Active Threat Protection solutions and managed security services. Its flagship product, Network Interceptor, delivers continuous monitoring, real-time threat detection and containment as a service with human threat analysts on a 24x7x365 basis. Led by CEO J. Paul Haynes, the company serves more than 450 financial services firms as well as legal, extractive and healthcare organizations. eSentire raised C$14M in a Series C to expand its technical capabilities and services. The company plans to use the funds to enter new sectors including critical infrastructure and IP-based markets such as technology and bio-pharma, and to hire 40 new positions for its research facility.
- Total raised
- $411M
- Funding rounds
- 6
- Latest round
- Equity
- Latest activity
- Feb 2022
Industries
- Cyber Security
- Network Security
- Security
Recent funding
Equity
Feb 2022
$325M
Equity
Mar 2019
$47M
Equity
Feb 2016
$20M
Series C
Sep 2014
$13M
Equity
Jul 2013
$7M