Arctic Wolf has hired former Nutanix CFO Duston Williams as chief financial officer (CFO). Williams arrives with IPO (initial public offering) experience -- which may bode well for Arctic Wolf as it prepares for a potential IPO.
Williams previously led Nutanix to IPO in 2016. Earlier, he helped to take Gigamon Inc. and Infinera Corporation public, Arctic Wolf notes.
Arctic Wolf is a fast-growing provider of a cloud-based security operations platform. The platform supports managed detection and response (MDR), cloud security posture management (CSPM), and other capabilities that help MSPs, MSSPs and end-customers to strengthen their security postures, Arctic Wolf asserts.
Arctic Wolf: Multiple Steps Toward Potential IPO
Arctic Wolf has taken multiple steps in recent months to pursue a potential IPO in 2022. Key moves include:
Next up? That Series F funding is considered “late stage” funding, and typically points the way to an IPO…
Arctic Wolf Hires Duston Williams as CFO: Executive Perspectives
In a prepared statement about Williams arriving as CFO, Arctic Wolf CEO Nick Schneider said:
“Duston’s proven and widely recognized financial leadership in driving and managing sustained revenue growth in multi-billion dollar companies will be a tremendous asset to Arctic Wolf. We believe his extensive experience helping companies grow while maintaining an exceptional financial profile will be instrumental in enabling us to scale as a global leader and capitalize on the market opportunity for security operations.”
Added Williams:
“I am thrilled to join the outstanding leadership team at Arctic Wolf. Arctic Wolf has demonstrated its ability to grow and I see a tremendous opportunity ahead to continue advancing its business performance into a world-class, global enterprise."
Williams succeeds Gregor McCole, who shifts to senior VP of financial planning and analysis (FP&A).
