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Fortinet

North America, California, United States, Sunnyvale

Description

Fortinet is a provider of network security appliances that include firewalls, security gateways, and complementary products.

Investor Profile

Fortinet has backed more than 7 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 29% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series E, Series C, Series D rounds (top funding stages).
  • Majority of deals are located in United States, Ireland.
  • Strong thematic focus on Software, Cyber Security, Security.

Stage Focus

  • Series E (29%)
  • Series C (14%)
  • Series D (14%)
  • Corporate Round (14%)
  • Series A (14%)
  • Seed (14%)

Country Focus

  • United States (86%)
  • Ireland (14%)

Industry Focus

  • Software
  • Cyber Security
  • Security
  • Infrastructure
  • Internet
  • Information Technology
  • Saas
  • E-commerce
  • Hardware
  • Network Hardware
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fortinet frequently co-invest with?

Vanedge Capital
North America, British Columbia, Canada, Vancouver
Co-Investments: 2
Trident Capital
North America, California, United States, Palo Alto
Co-Investments: 3
Advance Venture Partners
North America, California, United States, San Francisco
Co-Investments: 1
Granite Ventures
North America, California, United States, San Francisco
Co-Investments: 2
EPIC Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 3
Sway Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Nex Cubed
North America, California, United States, San Francisco
Co-Investments: 1
Cisco
North America, California, United States, San Jose
Co-Investments: 3
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 2
VMware
North America, California, United States, Palo Alto
Co-Investments: 3

What are some of recent deals done by Fortinet?

Wald.ai

Palo Alto, California, United States

Wald.ai envisions a time when generative AI is seamlessly, affordably, and securely integrated into everyday operations for everyone.

Artificial Intelligence (AI)B2BCyber SecurityInformation and Communications Technology (ICT)InternetSaaS
SeedDec 10, 2024
Amount Raised: $4,000,000
The Linksys Group

Irvine, California, United States

The Linksys Group provider of home networking products.

E-CommerceHardwareInternetNetwork HardwareVoIPWireless
Corporate RoundMar 22, 2021
Amount Raised: $75,000,000
HyTrust

Mountain View, California, United States

HyTrust specializes in security, compliance and control software for private, hybrid and public cloud infrastructure.

Cyber SecurityInfrastructureSecuritySoftware
Series EJul 11, 2017
Amount Raised: $36,000,000
UBiqube

Dublin, Dublin, Ireland

Network and Security Orchestration Software

Cloud InfrastructureDevOpsInformation ServicesInformation TechnologyNetwork SecuritySoftware
Series AMay 9, 2017
Amount Raised: $9,000,000
HyTrust

Mountain View, California, United States

HyTrust specializes in security, compliance and control software for private, hybrid and public cloud infrastructure.

Cyber SecurityInfrastructureSecuritySoftware
Series DApr 1, 2015
Amount Raised: $25,000,000
Centrify

Redwood City, California, United States

Centrify secures enterprise identities against cyberthreats that target today’s hybrid IT environment.

Identity ManagementInformation TechnologySaaSSecuritySoftware
Series EMay 20, 2014
Amount Raised: $42,000,000
HyTrust

Mountain View, California, United States

HyTrust specializes in security, compliance and control software for private, hybrid and public cloud infrastructure.

Cyber SecurityInfrastructureSecuritySoftware
Series CAug 26, 2013
Amount Raised: $18,500,000