Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Fortinet

Founders Ken Xie Michael Xie

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 6
Average round size
info
The average size of a deal this fund participated in
$34M
Portfolio companies 4
Rounds per year 0.25
Lead investments 1
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.33
Exits 3
Key employees Soon

Areas of investment

  • Software
  • Security
  • Infrastructure
  • Cyber Security
  • Information Technology
Summary

Fortinet appeared to be the Corporate Investor, which was created in 2000. The main office of represented Corporate Investor is situated in the Sunnyvale. The fund was located in North America if to be more exact in United States.

This organization was formed by Ken Xie, Michael Xie.

The usual cause for the fund is to invest in rounds with 7-8 partakers. Despite the Fortinet, startups are often financed by Trident Capital, EPIC Ventures, Mayfield Fund. The meaningful sponsors for the fund in investment in the same round are Vanedge Capital, VMware, Trident Capital. In the next rounds fund is usually obtained by Vanedge Capital, VMware, Trinity Capital Investment.

Deals in the range of 10 - 50 millions dollars are the general things for fund. The increased amount of exits for fund were in 2018. The fund is generally included in less than 2 deals every year. Opposing the other organizations, this Fortinet works on 4 percentage points less the average amount of lead investments. The top activity for fund was in 2017.

Among the most successful fund investment fields, there are Security, Identity Management. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. The fund has no exact preference in some founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight Centrify, HyTrust, UBiqube.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Fortinet:
Typical Co-investors
Fortinet is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Fortinet:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Apax-Patricof -
Astutia Ventures Bayern, Germany, Munich
DH Capital New York, New York, United States
Double M Partners California, Los Angeles, United States
Etera Finland, Helsinki, Southern Finland
MacAndrews & Forbes, Incorporated New York, New York, United States
NBG Business Seeds -
Qualson Inc Seoul, Seoul-t'ukpyolsi, South Korea
Scottish Health Innovations Dundee, Dundee City, United Kingdom
Villa-Dorsey Holdings -

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

UBiqube

Information Services
Information Technology
Network Security
Software
$9M09 May 2017 Dublin, County Dublin, Ireland

HyTrust

Cyber Security
Infrastructure
Security
Software
$18M26 Aug 2013 Mountain View, California, United States

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Fortinet?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 6
Average round size 34M
Rounds per year 0.25
Peak activity year 2017
Lead investments 1
Follow on index 0.33
Exits 3
Group Appearance index 0.83

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

UBiqube

Information Services
Information Technology
Network Security
Software
$9M09 May 2017 Dublin, County Dublin, Ireland

HyTrust

Cyber Security
Infrastructure
Security
Software
$18M26 Aug 2013 Mountain View, California, United States
Crunchbase icon

Content report

The following text will be sent to our editors: