#Arctic wolf stock series
The change in leadership follows the $150 million Series F round of funding that Arctic Wolf raised in July-giving the Eden Prairie, Minn.-based company a $4.3 billion valuation along with funding to invest in growth. NeSmith is now serving as executive chairman of the company’s board of directors.
Schneider succeeds company co-founder Brian NeSmith, who had been CEO since the launch of Arctic Wolf in 2012. And for partners that are new or considering ‘joining the pack,’ I think they’ll be met with an experience that’s pretty rare in the channel.” “For the channel partners that have been with us for a long time, there’s nothing but good news here. “As a result, we will continue to make significant investments to ensure that channel partners have what they need from Arctic Wolf,” said Schneider, who most recently had served as the company’s president and chief revenue officer. It’s the cornerstone of the way that we build demand and find new customers-but also of the way in which we engage with our existing customers,” Schneider said in an interview with CRN on Tuesday.
“The channel has been a massive piece of our growth engine here as a company. On Tuesday, Schneider was named CEO of Arctic Wolf, a provider of managed detection and response (MDR) and other managed security offerings that sells exclusively through channel partners. Arctic Wolf plans to continue its aggressive pace of channel-boosting investments as the security operations firm eyes an initial public offering in the near future, new CEO Nick Schneider told CRN.
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