Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

ProtectWise

Explore full profile

Pervasive visibility and automated threat detection from the cloud

Denver, United StatesFounded 2013Cybersecurity
Valuation $100–250M Last recorded · 2017
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ProtectWise and the history behind them.

About ProtectWise

ProtectWise, now part of Verizon, operates in the Network Detection and Response (NDR) market, providing a cloud-delivered security platform for enterprise, cloud, and industrial environments. The company was founded in April 2013 by CEO Scott Chasin and CTO Gene Stevens, both veterans of the SaaS and security industries with experience at companies like McAfee and Symantec. Chasin's entrepreneurial journey includes founding Bugtraq, the first software vulnerability alerting service, and MX Logic, a cloud-based email security firm acquired by McAfee. Stevens brings over two decades of experience in software development, cloud computing, and distributed systems. Together, they aimed to address fundamental flaws they saw in existing security technology.

Read full description

The company's core offering is The ProtectWise Grid, a platform that provides pervasive visibility and automated threat detection. It was initially marketed as a "Cloud Network DVR," a virtual camera that records all network activity. This system creates a long-term, searchable network memory by capturing full-fidelity packets, which are then compressed, indexed, and retained indefinitely in the cloud. This capability allows for both real-time threat detection and retrospective analysis, enabling security teams to investigate past events to uncover previously unknown threats. The business model is centered on a pure-channel, on-demand subscription service, which offers cost savings and ease of deployment compared to disconnected point products. ProtectWise served clients across various sectors, including technology, financial services, media, and entertainment.

A distinctive feature of the ProtectWise platform is its immersive, visual interface. The company hired a Hollywood visual effects artist to design a 3D cityscape where network connections are represented as buildings, and traffic volume determines their height. This visualization provides at-a-glance situational awareness and simplifies the analysis of complex security data. The platform's "Wisdom Engine" performs deep packet inspection and analysis on thousands of protocols and applications, a process the company calls "network shattering." In March 2019, Verizon acquired ProtectWise to integrate its NDR capabilities with Verizon's global network services, particularly to enhance security for its expanding 5G footprint.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Denver, United States
Employees
4
Open positions
None listed
Dealroom signal
68.4/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Cyber threat Intelligence and detection, Core AI, Cybersecurity, Hard Tech, AI Applications, DT and LS
Technology
Artificial Intelligence, Deep Tech, IoT InternetOfThings
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Mar 2019 — — Verizon —
SERIES BOther financing Aug 2017 $0 — ClearSky —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

ProtectWise website traffic

Latest recorded traffic for ProtectWise is 400 monthly website visits, up 166.7% over the last three months. ProtectWise's team declined 20% over the past year.

Latest monthly visits400 3-month web change+166.7% 1-year team growth-20%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A4 investors entered at this stage

  • Paladin Capital Group
  • Arsenal
  • Tola Capital
  • ClearSky

Other known investors1 additional known investor

  • Verizon
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ProtectWise on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See ProtectWise’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.