ForeScout provides technology that discovers and makes visible devices attached to enterprise networks so administrators can see what devices are doing and decide what belongs on the network. The company reports its software often finds 20–30% more devices than IT teams believed were connected. ForeScout reported $125 million in fiscal 2015 revenue and has tripled its value in 18 months. Leadership says the product is increasingly important as Internet of Things devices proliferate inside enterprise networks. Management plans significant hiring: doubling R&D from 100 to 200 staff, adding 100 technical‑support employees, increasing sales capacity, and roughly 300 new hires this year with a target of 900 by year‑end if growth warrants. CEO Michael DeCesare (formerly president at McAfee) has indicated the company is thinking about an IPO when ready. ForeScout Technologies builds a security platform that combines clientless network access control (NAC) and intrusion prevention. Its CounterACT appliance operates without installing software on individual devices, aiming to remain invisible to users. NAC has been gaining favor in corporate IT departments, and ForeScout says it has been on top of that wave. According to the company, it grew 80 percent last year. The Cupertino, Calif.-based company raised $8 million from previous investors Accel Partners, Amadeus Capital Partners, Meritech Capital Partners, and Pitango Ventures. Its previous round, the fourth, was $11.25 million and also included only returning backers. ForeScout Technologies offers network access control technology designed to 'scout' ahead of a network to anticipate possible threats. The company is based in Cupertino, California. ForeScout says its most recent financing was a $10 million fourth round that took place in 2005 and that no recent investment has been made. Return backers named in reports include Accel Partners, Amadeus Capital Partners, Meritech Capital Partners and Pintango Venture Capital. The company has reportedly raised over $43 million in total venture-capital funding since 2000. ForeScout reports strong results and has replaced an older mascot with a more corporate identity. The article corrects earlier coverage that mistakenly said the company had raised around $11.25 million and notes other publications misattributed the mascot as the company's logo.

Total raised

$95M

Funding rounds

3

Latest round

Equity

Latest activity

Jan 2016