ArcSight
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| An HPE Company | |
| Industry | Computer software, Cyber security management, Enterprise software |
| Fate | Acquired by Hewlett Packard Enterprise |
| Founded | 2000 |
| Headquarters | Sunnyvale, California, USA |
| Website | saas |
HPE ArcSight is a cyber security company founded in 2000 that provides big data security analytics and intelligence software for security information and event management (SIEM) and log management solutions. ArcSight is designed to help customers identify and prioritize security threats, organize and track incident response activities, and simplify audit and compliance activities. May 2013 marked the 10th consecutive year that Gartner Magic Quadrant for SIEM rated ArcSight in the leader’s quadrant. It became a subsidiary of Hewlett-Packard in 2010. HPE ArcSight is headquartered in Sunnyvale, California, USA, with sales offices in other countries.
ArcSight was incorporated in May 2000. Silicon Valley Internet Capital, an enterprise software incubation and investment firm founded by Robert Shaw, Alex Hern, Mike Santer,and Riverson Leonard was the initial lead investor and founders. Alex Daly was the founding CEO, who was previously CEO of Cygnus Solutions, acquired by Red Hat. Hugh Njemanze was the founding CTO. Pravin Kothari was the founding Vice President of Engineering. ArcSight originally was called Wahoo Technologies, while it was a stealth mode startup.
The original business plan was to build a caching and acceleration platform, though, after getting feedback from prospective customers, the founders shifted their strategy to provide security events analysis and correlation. The company was formally named ArcSight in January 2001.
In July 2001, Alex Daly, the founding CEO, ceased working for ArcSight due to health issues, but kept his 10.30% stake in the company as major shareholder. Robert Shaw stepped up to take the position of CEO.
Kleiner Perkins and In-Q-Tel, the US Central Intelligence Agency’s venture-capital arm, became investors via second and third rounds in 2002. Other early investors included Integral Capital Partners, Institutional Venture Partners, New Enterprise Associates, and Samsung Ventures. ArcSight filed for initial public offering on September 11, 2007 and offered its shares on February 14, 2008 under symbol ARST. It was the only Silicon Valley company to enter Nasdaq in 2008, during the Great Recession when few other technology companies went public. Tom Reilly was appointed as CEO in 2008. Robert Shaw retired effective October 1, 2008, citing health reasons.
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