Secureworks

Secureworks

A cloud-native solution that combines advanced analytics and data modeling with unrivaled threat intelligence to help detect both known and unknown threats.

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DateInvestorsAmountRound
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$859m

Valuation: $859m

2.3x EV/Revenue

-19.6x EV/EBITDA

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth8 %11 %7 %1 %(5 %)(13 %)(21 %)
EBITDA0000000000000000000000000000
% EBITDA margin(6 %)(1 %)(2 %)2 %(1 %)(23 %)(12 %)
Profit0000000000000000000000000000
% profit margin(2 %)(8 %)(6 %)(4 %)(7 %)(25 %)(24 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue17 %17 %17 %19 %23 %31 %30 %

Source: Company filings or news article

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More about Secureworks
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Secureworks was founded in 1999 by Michael Pearson and Joan Wilbanks in Atlanta, Georgia. The company was established to provide robust information security solutions to businesses, addressing the growing need for cybersecurity in the digital age.

In its early years, Secureworks focused on developing a comprehensive suite of security services, quickly gaining traction in the market. The company's innovative approach and dedication to protecting clients' digital assets set it apart from competitors.

A significant milestone in Secureworks' journey came in 2011 when it was acquired by Dell Technologies. This acquisition provided Secureworks with the resources and scale needed to expand its offerings and reach a broader audience. Under Dell's ownership, Secureworks continued to innovate and strengthen its position in the cybersecurity industry.

In 2016, Secureworks took another major step by going public. The Initial Public Offering (IPO) marked a new chapter for the company, allowing it to operate independently while still benefiting from its relationship with Dell. The IPO provided Secureworks with additional capital to invest in research and development, further enhancing its cybersecurity solutions.

Today, Secureworks is recognized as a leader in the cybersecurity space, offering a wide range of services to protect businesses from evolving cyber threats. The company's journey from a small startup to a publicly traded powerhouse is a testament to its founders' vision and the strategic decisions made along the way.

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Investments by Secureworks

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Delve Labs
ACQUISITION by Secureworks Sep 2020
Delve
ACQUISITION by Secureworks Sep 2020