Fortinet logo — Provider of network security appliances that include firewal...

Fortinet

Provider of network security appliances that include firewalls, security gateways, and complementary products

Founded 2000 United States Sunnyvale, United States 16278 employees IPO Total: $124.63M Cyber Security, Mobile +1

General Information

Company Name Fortinet
Founded Year 2000
Location United States Sunnyvale, United States
Founders / Decision Makers
Team member
Employees 16278
Industries Cyber Security, Mobile, Privacy and Security
Funding Stage IPO
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Product Sales, Service Fee
Social

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About Fortinet

Fortinet is a prominent player in the Cyber Security industry, having established itself since its founding in 2014. Headquartered in the United States, the company serves a crucial role by offering network security appliances, including firewalls and security gateways, under its slogan: "Provider of network security appliances that include firewalls, security gateways, and complementary products."

With a mission centered on protecting people, devices, and data, Fortinet is a trusted choice for large enterprises, service providers, and government organizations worldwide, aiming to facilitate their secure digital transformations.

On 01 December 2023, Fortinet secured a significant $35.63M Post IPO Equity investment, indicating robust confidence in its market positioning, with investment participation from the TVA Retirement System. This investment signals a promising trajectory for expansion and innovation in fortifying digital infrastructures globally.

Business keywords: Network Security, Enterprise Firewall, Intrusion Prevention System (IPS), Next Generation Firewall (NGFW), Threat Intelligence, Cloud Security, SASE, Zero Trust Access, Cybersecurity Training, SD-WAN, Endpoint Security, DDoS Protection, Deception Security, VPN

Services & Products

Hybrid Mesh Firewall
Next-Generation Firewalls
AI-Powered Security Services
Secure Ethernet Switches
Secure Wireless LAN
Cloud-Native Protection
Security Consulting Services
Managed Detection & Response (MDR)

Target Customers

Enterprise Small and Mid-Sized Businesses Service Providers Education Healthcare Financial Services Retail Hospitality

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity $35.63M 1
TVA Retirement System
01 Dec 2023
IPO Undisclosed -
01 Nov 2009
Series E $50.00M 1
Industry Ventures
01 Mar 2004
Series D $30.00M 2
Presidio Ventures, Redpoint
01 Aug 2003
Series B $9.00M 1
Defta Partners
01 Jul 2002

Fortinet Alternatives & Competitors

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FAQ About Fortinet

Provider of network security appliances that include firewalls, security gateways, and complementary products
Fortinet was founded in 2000.
Fortinet is headquartered in Sunnyvale, United States.
Fortinet operates in Cyber Security, Mobile and Privacy and Security. Its work centres on Network Security, Enterprise Firewall, Intrusion Prevention System (IPS) and Next Generation Firewall (NGFW). Its customers include Enterprise, Small and Mid-Sized Businesses and Service Providers.
Fortinet has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Product Sales and Service Fee.
Fortinet has approximately 16278 employees.
Fortinet has completed 5 funding rounds, raising a total of $124.63M. The latest funding stage is IPO.
Fortinet offers: Hybrid Mesh Firewall, Next-Generation Firewalls, AI-Powered Security Services, Secure Ethernet Switches, Secure Wireless LAN, Cloud-Native Protection, Security Consulting Services, Managed Detection & Response (MDR).
Top alternatives and competitors to Fortinet include Attivo Networks®, a SentinelOne Company, Seqrite, Zscaler, MobileIron, BlackFusion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fortinet and Attivo Networks®, a SentinelOne Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fortinet, https://bouncewatch.com/company/ensilo, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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