Top 40 Managed Detection and Response (MDR) Security Companies List
The line between MDR (managed detection and response) and traditional MSSPs has greatly blurred. Hundreds of MSSPs now offer MDR services — but Gartner says customers should be careful about pretenders in the market that have incomplete offerings.
To help clarify the situation, Gartner’s 2020 Market Guide for Managed Detection and Response Services points to 40 companies that offer credible MDR capabilities — up from about 20 companies in 2018.
Here’s the Gartner list (sorted alphabetically) along with MSSP Alert’s background on each company. But first, some important items to note:
- Gartner concedes, “this is not intended to be a list of all the providers in the MDR services market. It is not, nor is it intended to be, a competitive analysis of the providers.”
- What About SMB?: Gartner tends to focus on midmarket and enterprise MDR companies, MSSP Alert believes, and overlooks fast-growing, channel/MSP-friendly MDR providers such as Huntress and Netsurion.
- Related: Many of the MDR companies listed below also appeared on our Top 250 MSSP 2020 Company List and Research when the latest annual edition debuted in September 2020.
Top 40 MDR (Managed Detection and Response) Security Companies to Know
1. Aiuken Cybersecurity (Madrid, Spain)
The company develops SOC Multi-Cloud and partners mainly with technology vendors. Other than seeing Aiuken on the Gartner MDR list, the company has not been on MSSP Alert’s radar.
2. Alert Logic (Houston, Texas, U.S.)
In a surprise move, Alert Logic in January 2021 promoted CFO John Post to CEO, and hired multiple executives who previously held key roles at Carbonite and Webroot. The executive changes and updates come as Alert Logic strives to position itself as the top provider of SaaS-based MDR and SOAR (security orchestration and response) services. Private equity firm Welsh, Carson, Anderson & Stowe has owned Alert Logic since August 2013.
3. Arctic Wolf (Eden Prairie, Minnesota, U.S.)
In initial public offering (IPO) could be on Arctic Wolf’s radar. The company in October 2020 raised $200 million in Series E funding led by hedge fund Viking Global Investors. The funding moved Arctic Wolf’s valuation to $1.3 billion and made the company the only MDR vendor with a valuation of more than $1 billion, Arctic Wolf asserts. By November 2020, the company named Bob Skelley as its SVP of global channels.
4. Armor (Richardson, Texas, U.S.)
Armor was founded in 2009 as FireHost. The company in 2017 2018 added its Anywhere managed security service to the Amazon Web Services (AWS) Marketplace. Anywhere supports Amazon GuardDuty, AWS CloudTrail and Amazon CloudWatch, Armor said at the time.
5. Binary Defense (Stow, Ohio, U.S.)
The MSSP and MDR provider hired Jack Jackson as its VP of worldwide channels in December 2019. Earlier, Ingram Micro partnered with Binary Defense in 2018 to promote endpoint protection and threat intelligence solutions.
6. Blackpoint Cyber (Ellicott City, Maryland, U.S.)
Blackpoint Cyber raised a Series B funding round in August 2020. A month earlier, the company launched its MDR 4.0 platform — which detects cyber threats according to the MITRE ATT&CK framework. Blackpoint Cyber previously raised $6 million in funding in May 2018.
7. BlueVoyant (New York, New York, U.S.)
BlueVoyant, formerly named BlueteamGlobal, launched in 2017. The MSSP has raised more than $200 million as of 2019. Key financial backers include Fiserv, the financial services technology provider. In addition to organic growth, BlueVoyant acquired Managed Sentinel — a Microsoft Azure Sentinel cloud SIEM partner — in October 2020. And by 2021, BlueVoyant hired IBM Security veteran Gyorgy Robert Racz to drive European expansion.
8. Booz Allen Hamilton (McLean, Virginia, U.S.)
Booz Allen Hamilton primed is well-positioned to assist the Biden administration with the United States’ renewed cybersecurity efforts, CEO Horacio Rozanski indicated in early 2021. Key moves include a strategic investment in cybersecurity company Tracepoint (2021); hiring former Visa & Microsoft cybersecurity leader Andrew Turner as EVP of global commercial business (2020); introducing SnapAttack —a cloud-based software solution that brings together actionable threat intelligence and hacker detection (2020) and acquiring Morphick to converge the MSSP and MDR markets (2017).
9. Critical Insight (CI) Security (Seattle, Washington, U.S.)
CI Security raised $16 million in Series B funding in 2019 to pursue growth in the healthcare market. The company in 2020 integrated Microsoft Defender Advanced Threat Protection (ATP) capabilities into its Critical Insight endpoint detection and response (EDR) solution. The integration enables CI Security to monitor security events and alerts from Microsoft Defender ATP, the company said.
10. Cisco Systems (San Jose, California, U.S.)
Cisco in 2020 introduced Managed Security and MDR Servicesfor partners to resell. Cisco MDR services combine the company’s global security operations center (SOC) teams with Talos threat intelligence and the Cisco Secure Cloud architecture.
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