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Tripwire

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Detect threats, identify vulnerabilities, and harden configurations in real time with Tripwire

Portland, United StatesFounded 1997Cybersecurity
Valuation $500M–1B Last recorded · 2014
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Tripwire

Tripwire, Inc. operates as a specialized software company focused on security and compliance automation. Its genesis traces back to the early 1990s at Purdue University, where graduate student Gene Kim, inspired by the 1988 Morris Worm, developed the initial Tripwire software with his professor, Gene Spafford. This academic project, designed to detect file changes on UNIX systems, rapidly became a widely used intrusion detection tool. Recognizing its commercial potential, Gene Kim co-founded Tripwire, Inc. in 1997, securing the rights to the technology and launching a commercial version.

The company's business model centers on providing software and managed services to large enterprises, government agencies, and other organizations with stringent security and compliance needs. It serves a global client base across sectors like finance, retail, industrial, healthcare, and utilities, with a significant presence in the United States. Revenue is generated through the sale of software licenses and subscriptions to its various product offerings and managed services.

Tripwire's product portfolio is built around core security controls. The flagship product, Tripwire Enterprise, delivers file integrity monitoring (FIM) and security configuration management (SCM). This platform allows organizations to monitor their IT infrastructure in real-time for unauthorized changes, misconfigurations, and other indicators of compromise, thereby maintaining a state of continuous compliance with regulations like PCI, SOX, and HIPAA. Other key products include Tripwire IP360 for vulnerability management, which discovers assets and prioritizes risks, and Tripwire LogCenter for log and event data management. For clients seeking a managed solution, Tripwire ExpertOps provides these tools as a cloud-based service, supplemented with expert consulting.

The company's history includes several key milestones and ownership changes. After its founding, it released an open-source version in 2000 and launched Tripwire Enterprise in 2005. It expanded through acquisitions, including Activeworx in 2009 and nCircle in 2013, to broaden its log management and vulnerability assessment capabilities. In 2011, the firm was acquired by private equity firm Thoma Bravo. Subsequently, Belden Inc., a signal transmission solutions provider, purchased Tripwire for $710 million in 2015 to integrate cybersecurity into its own mission-critical networking applications. In 2022, Belden sold Tripwire to HelpSystems (now Fortra) for $350 million, placing it within Fortra's comprehensive cybersecurity portfolio.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1997
Headquarters
Portland, United States
Employees
175
Open positions
None listed
Dealroom signal
28.2/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Risk Management, Cybersecurity
Client focus
b2b
Investment activity
2 companies, latest Mar 2013
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2014 $710M $710M Belden —
SEED✓Equity / VC Sep 2009 $1K $5K Undisclosed —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Tripwire website traffic

Latest recorded traffic for Tripwire is 85K monthly website visits, up 3.7% over the last three months. Tripwire's team declined 63.8% over the past year.

Latest monthly visits85K 3-month web change+3.7% 1-year team growth-63.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

9 investors on the cap table

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

Series A2 investors entered at this stage

Series B and later5 investors entered at this stage

Other known investors2 additional known investors

Team profiled 53 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
9 countries with
team presence
🇺🇸 United States75%
🇬🇧 United Kingdom7.3%
🇳🇬 Nigeria5.9%
🇯🇵 Japan4.4%
🇨🇦 Canada1.5%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tripwire 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

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