Deals
Startup Arctic Wolf Valued Above $4 Billion in New Investment
- Viking Global said to lead round for Minnesota-based startup
- Security company was valued at $1.3 billion last year
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Security startup Arctic Wolf Networks Inc. is in talks to raise financing at a valuation of more than $4 billion, according to people familiar with the matter.
The investment is expected to be led by Viking Global Investors, which is already an existing investor in the startup, said the people, who asked not to be identified as the details are private. Other existing investors include Lightspeed Venture Partners, Redpoint Ventures and Unusual Ventures.