Product Reports Resources Pricing Login Book a demo

ProtectWise

Cybersecurity · Denver, United States · Founded 2013

Pervasive visibility and automated threat detection from the cloud MoreLess

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.

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.

Keywords: Network Detection and Response, NDR, cloud security, packet capture, cybersecurity, threat detection, threat hunting, network forensics, security visualization, incident response, Verizon, Scott Chasin, Gene Stevens, Cloud Network DVR, The ProtectWise Grid, SaaS security, automated threat detection, retrospective analysis, network memory, deep packet inspection

Company overview

ProtectWise company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2013
Headquarters
Denver, United States
Employees
4
Open positions
None listed
Dealroom signal
68.4
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyIoT InternetOfThingssub industryCloud & InfrastructureindustrySecuritysectorCyber threat Intelligence and detectionsectorCore AIsectorCybersecuritysectorHard TechsectorAI ApplicationssectorDT and LS

Valuation & funding

ProtectWise funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Mar 2019 Verizon
SERIES BOther financing Aug 2017 $0 ClearSky
SERIES BOther financing Jan 2017 $25M $100M Tola Capital · Arsenal
SERIES BOther financing Nov 2015 $20M $80M Crosslink Capital · Tola Capital · Paladin Capital Group · Trinity Ventures
SERIES AOther financing Jun 2014 $14M $56M Paladin Capital Group · Crosslink Capital · Arsenal · Trinity Ventures
SEEDOther financing May 2013 Trinity Ventures · Crosslink Capital
Showing 6 recorded eventsUnlock the complete deal 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%
Monthly website visits85 observations · Apr 2016–Mar 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

ProtectWise compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

ProtectWise's talent

Book a demo to see the people
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.

Investors

7 investors on ProtectWise's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Series A 4 investors entered at this stage
Paladin Capital Group
Arsenal
Tola Capital
ClearSky
Other known 1 additional known investor
Verizon

Global footprint

Where ProtectWise has talent and traffic

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

In the news

Latest news about ProtectWise

Recent press, funding announcements, and product moves mentioning ProtectWise — open to read from the original sources.

See all news

Market sentiment

What the market is saying about ProtectWise

An AI-synthesized read of the highest-engagement posts about ProtectWise on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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.